Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers. It is a unique risk management tool.
This system optimises the way you can demonstrate to lender panels that you are, and can remain fully compliant with their instructions, with automatic updates on The Mortgage Lender’s changes. Notwithstanding that utilising COMPLETIONmonitor is not a condition for acceptance on the The Mortgage Lender panel, demonstrating you can remain up to date with The Mortgage Lender’s Handbook requirements is an excellent support to your panel application and, more importantly, protect your panel standing.
The system generates real-time alerts, automatically produces SRA and CQS reports, and will increase your firm's efficiency. It is also simply to use, cost-effective and, for some firms, leads to a PII saving.
Banks and building societies frequently change their requirements. The UK Finance Lenders’ Handbook requirements from The Mortgage Lender are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: