Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. Supported by UK Finance and PI insurers. It is a unique risk management tool.
This system assists the way you can demonstrate to lender panels that you are, and can stay fully compliant with their instructions, with alerts on The Mortgage Business’s changes. Notwithstanding that utilising this technology is not a condition for being on the The Mortgage Business panel, demonstrating you can remain up to date with The Mortgage Business’s Handbook requirements is an excellent support to your panel application and, just as importantly, safeguard your firm’s panel standing.
The system generates real-time alerts, automatically produces compliance 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 a PII saving.
Mortgage companies frequently change their requirements. The UK Finance Lenders’ Handbook requirements from The Mortgage Business are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: