Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk mitigation tool.
This system optimises the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with automatic updates on Bank of Scotland’s changes. While utilising COMPLETIONmonitor is not a condition for acceptance on the Bank of Scotland panel, demonstrating you can remain up to date with Bank of Scotland’s Handbook requirements is a helpful support to your panel application and, more importantly, safeguard your firm’s panel status.
The system generates real-time alerts, automatically produces SRA 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 often change their requirements. The UK Finance Lenders’ Handbook requirements from Bank of Scotland are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: