Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers such as AmTrust. COMPLETIONmonitor 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 instructions, with notifications given on Bank of Scotland’s changes. Notwithstanding that using the tool is not a prerequisite for Bank of Scotland , demonstrating you can stay up to date with Bank of Scotland’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, protect your firm’s panel standing.
The system creates 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.
Mortgage companies often vary 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: