Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by PI insurers. COMPLETIONmonitor is a unique risk mitigation tool.
This system assists the way you can demonstrate to lender panels that you are, and can stay fully compliant with their instructions, with alerts on Penrith Building Society’s changes. Notwithstanding that utilising COMPLETIONmonitor is not a condition for acceptance on the Penrith Building Society panel, demonstrating you can remain up to date with Penrith Building Society’s Handbook requirements is an excellent support to your application to their lender panel and, more importantly, safeguard your firm’s panel standing.
COMPLETIONmonitor creates real-time alerts, automatically produces compliance and CQS reports, and will increase your firm's efficiency. It is also simply to use, cost-effective and, for some firms, leads to a PII saving.
Banks and building societies frequently change their requirements. The BSA instructions from Penrith Building Society are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: