Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers such as AmTrust. It is a unique risk management tool.
This system assists the way you can demonstrate to lender panels that you are, and can remain fully compliant with their instructions, with notifications given on Precise Mortgages’s changes. While using this technology is not a prerequisite for Precise Mortgages , demonstrating you can stay up to date with Precise Mortgages’s Handbook requirements is an excellent support to your panel application and, more importantly, protect your firm’s panel status.
The software generates real-time alerts, automatically produces compliance and CQS reports, and will increase your firm's efficiency. In addition it is user friendly, cost-effective and, for many firms, results in reduced PII premiums.
Banks and building societies often 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, over time: