Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by PI insurers. It is a unique risk management tool.
This system assists the way you can demonstrate to lender panels that you are, and can stay fully compliant with their instructions, with automatic updates on Bank of Scotland’s changes. Even though utilising the software is not a condition for being on the Bank of Scotland panel, demonstrating you can stay up to date with Bank of Scotland’s Handbook requirements is a helpful support to your panel application and, just as importantly, protect your panel status.
COMPLETIONmonitor creates real-time alerts, automatically produces COLP and CQS reports, and will enhance your firm's efficiency. It is also simply to use, cost-effective and, for many firms, results in a PII saving.
Lenders frequently 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, over time: