Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by UK Finance and PI insurers. It is a unique risk management tool.
This system is the only way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with alerts on Teachers Building Society’s changes. Even though utilising the tool is not a condition for acceptance on the Teachers Building Society panel, demonstrating you can stay up to date with Teachers Building Society’s Handbook requirements is an excellent support to your panel application and, more importantly, safeguard your panel status.
COMPLETIONmonitor creates real-time alerts, automatically produces regulatory and CQS reports, and will enhance your firm's efficiency. It is also user friendly, cost-effective and, for many firms, leads to a PII saving.
Banks and building societies often vary their requirements. The BSA instructions from Teachers Building Society are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: