Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by UK Finance and PI insurers such as AmTrust. It is a unique risk management 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 New Street Mortgages’s changes. While utilising COMPLETIONmonitor is not a prerequisite for New Street Mortgages , demonstrating you can stay up to date with New Street Mortgages’s Handbook requirements is an excellent support to your application to their lender panel and, more importantly, safeguard your panel standing.
COMPLETIONmonitor creates real-time alerts, automatically produces compliance and CQS reports, and will enhance your firm's efficiency. In addition it is simply to use, cost-effective and, for many firms, results in reduced PII premiums.
Mortgage companies frequently vary their requirements. The UK Finance Lenders’ Handbook requirements from New Street Mortgages are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: