Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by UK Finance and PI insurers such as AmTrust. It is a unique risk mitigation tool.
This software assists the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with notifications given on Reliance Bank’s changes. While utilising COMPLETIONmonitor is not a condition for being on the Reliance Bank panel, demonstrating you can remain up to date with Reliance Bank’s Handbook requirements is a helpful support to your panel application and, just as importantly, protect your panel standing.
The system creates real-time alerts, automatically produces regulatory and CQS reports, and will enhance your firm's efficiency. In addition it is simply to use, cost-effective and, for many firms, leads to reduced PII premiums.
Lenders frequently 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, over time: