Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by professional indemnity insurers. It is a unique risk management tool.
This system facilitates the way you can prove to lender panels that you are, and can remain fully compliant with their requirements, with notifications given on Scottish Building Society’s changes. Notwithstanding that using the tool is not a condition for being on the Scottish Building Society panel, demonstrating you can remain up to date with Scottish Building Society’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, safeguard your panel standing.
COMPLETIONmonitor generates real-time alerts, automatically produces COLP and CQS reports, and will enhance your firm's efficiency. It is also simply to use, cost-effective and, for many firms, leads to a PII saving.
Mortgage companies frequently vary their requirements. The UK Finance Lenders’ Handbook requirements from Scottish Building Society are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: