Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by PI insurers such as AmTrust. 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 instructions, with automatic updates on Paratus’s changes. While utilising COMPLETIONmonitor is not a condition for being on the Paratus panel, demonstrating you can remain up to date with Paratus’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, safeguard your panel standing.
The software creates real-time alerts, automatically produces regulatory and CQS reports, and will improve your firm's efficiency. It is also user friendly, cost-effective and, for some firms, results in a PII saving.