Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk management tool.
This software facilitates the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with alerts on Mortgage Agency Services’s changes. Notwithstanding that using the software is not a condition for acceptance on the Mortgage Agency Services panel, demonstrating you can stay up to date with Mortgage Agency Services’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, protect your firm’s panel status.
COMPLETIONmonitor generates real-time alerts, automatically produces COLP and CQS reports, and will increase your firm's efficiency. In addition it is user friendly, cost-effective and, for some firms, leads to reduced PII premiums.
Banks and building societies frequently change their requirements. The UK Finance Lenders’ Handbook requirements from Mortgage Agency Services are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: