Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by UK Finance and PI insurers. COMPLETIONmonitor is a unique risk mitigation tool.
This system optimises the way you can prove to lender panels that you are, and can stay fully compliant with their requirements, with notifications given on Bank of Scotland’s changes. Notwithstanding that using this technology is not a prerequisite for Bank of Scotland , demonstrating you can remain up to date with Bank of Scotland’s Handbook requirements is an excellent support to your panel application and, more importantly, protect your panel status.
COMPLETIONmonitor creates real-time alerts, automatically produces regulatory and CQS reports, and will enhance your firm's efficiency. In addition it is user friendly, cost-effective and, for many firms, leads to a PII saving.
Banks and building societies frequently 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, over time: