Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by PI insurers such as AmTrust. It is a unique risk mitigation tool.
This software is the only way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with notifications given on Penrith Building Society’s changes. Notwithstanding that utilising this technology is not a condition for acceptance on the Penrith Building Society panel, demonstrating you can stay 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 panel standing.
COMPLETIONmonitor generates real-time alerts, automatically produces COLP and CQS reports, and will enhance your firm's efficiency. It is also user friendly, cost-effective and, for some firms, leads to a PII saving.
Lenders often vary 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: