Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. Supported by UK Finance and professional indemnity insurers. COMPLETIONmonitor is a unique risk management tool.
This software optimises the way you can demonstrate to lender panels that you are, and can stay fully compliant with their requirements, with automatic updates on Paragon Residential’s changes. Notwithstanding that using COMPLETIONmonitor is not a condition for being on the Paragon Residential panel, demonstrating you can stay up to date with Paragon Residential’s Handbook requirements is a helpful support to your panel application and, just as importantly, safeguard your firm’s panel standing.
COMPLETIONmonitor creates real-time alerts, automatically produces COLP and CQS reports, and will improve your firm's efficiency. In addition it is simply to use, cost-effective and, for many firms, leads to a PII saving.
Mortgage companies frequently vary 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, over time: