Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk mitigation tool.
This software facilitates the way you can prove to lender panels that you are, and can remain fully compliant with their requirements, with notifications given on Reliance Bank’s changes. While utilising the tool is not a prerequisite for Reliance Bank , demonstrating you can stay up to date with Reliance Bank’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 increase your firm's efficiency. It is also user friendly, cost-effective and, for some firms, leads to reduced PII premiums.
Lenders often change their requirements. The UK Finance Lenders’ Handbook requirements from Reliance Bank are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: