Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers. It is a unique risk management tool.
This system facilitates the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with notifications given on Paragon Residential’s changes. Even though utilising the tool is not a condition for being on the Paragon Residential panel, demonstrating you can remain up to date with Paragon Residential’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, safeguard your panel status.
The system 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 many firms, leads to a PII saving.
Lenders frequently change their requirements. The UK Finance Lenders’ Handbook requirements from Paragon Residential are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: