Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers such as AmTrust. It is a unique risk mitigation tool.
This system facilitates the way you can demonstrate to lender panels that you are, and can stay fully compliant with their requirements, with notifications given on Mortgage Express (No 2)’s changes. Even though utilising this technology is not a condition for acceptance on the Mortgage Express (No 2) panel, demonstrating you can remain up to date with Mortgage Express (No 2)’s Handbook requirements is a helpful support to your panel application and, just as importantly, protect your panel status.
The software generates real-time alerts, automatically produces regulatory and CQS reports, and will increase your firm's efficiency. It is also user friendly, cost-effective and, for some firms, results in a PII saving.
Lenders often change their requirements. The UK Finance Lenders’ Handbook requirements from Mortgage Express (No 2) are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: