Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. It is supported by professional indemnity insurers. It is a unique risk management tool.
This software facilitates the way you can prove to lender panels that you are, and can remain fully compliant with their requirements, with automatic updates on Newbury Mortgage Services’s changes. Notwithstanding that using this technology is not a condition for being on the Newbury Mortgage Services panel, demonstrating you can remain up to date with Newbury Mortgage Services’s Handbook requirements is an excellent support to your panel application and, more importantly, safeguard your firm’s panel status.
The system 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 often vary their requirements. The BSA instructions from Newbury Mortgage Services are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: