Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by professional indemnity insurers. COMPLETIONmonitor is a unique risk management tool.
This software assists the way you can demonstrate to lender panels that you are, and can stay fully compliant with their requirements, with notifications given on Precise Mortgages’s changes. Even though utilising the software is not a condition for being on the Precise Mortgages panel, demonstrating you can remain up to date with Precise Mortgages’s Handbook requirements is an excellent support to your application to their lender panel and, just as importantly, protect your firm’s panel status.
The system generates real-time alerts, automatically produces regulatory and CQS reports, and will improve 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 vary their requirements. The UK Finance Lenders’ Handbook requirements from Precise Mortgages are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: