Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by UK Finance and PI insurers. It is a unique risk mitigation tool.
This system is the only way you can prove to lender panels that you are, and can stay fully compliant with their requirements, with notifications given on Platform’s changes. While using COMPLETIONmonitor is not a prerequisite for Platform , demonstrating you can stay up to date with Platform’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, safeguard your firm’s panel standing.
COMPLETIONmonitor generates real-time alerts, automatically produces COLP and CQS reports, and will improve your firm's efficiency. It is also simply to use, cost-effective and, for many firms, leads to a PII saving.
Banks and building societies often vary their requirements. The UK Finance Lenders’ Handbook requirements from Platform are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: