Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by professional indemnity insurers. 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 NRAM Ltd’s changes. Even though utilising the tool is not a condition for being on the NRAM Ltd panel, demonstrating you can remain up to date with NRAM Ltd’s Handbook requirements is an excellent support to your application to their lender panel and, just as importantly, safeguard your panel status.
COMPLETIONmonitor creates real-time alerts, automatically produces regulatory and CQS reports, and will enhance your firm's efficiency. It is also simply to use, cost-effective and, for some firms, leads to a PII saving.
Lenders often change their requirements. The UK Finance Lenders’ Handbook requirements from NRAM Ltd are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: