Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by Council of Mortgage Lenders and professional indemnity insurers. It is a unique risk management tool.
This system facilitates 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 Works’s changes. While utilising the software is not a prerequisite for The Mortgage Works , demonstrating you can stay up to date with The Mortgage Works’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, protect your panel standing.
COMPLETIONmonitor generates real-time alerts, automatically produces COLP 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.
Lenders frequently change their requirements. The UK Finance Lenders’ Handbook requirements from The Mortgage Works are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: