Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. Supported by Council of Mortgage Lenders and PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk mitigation tool.
This system is the only way you can prove to lender panels that you are, and can stay fully compliant with their requirements, with alerts on TSB’s changes. Notwithstanding that using the software is not a prerequisite for TSB , demonstrating you can stay up to date with TSB’s Handbook requirements is a helpful support to your panel application and, just as importantly, safeguard your firm’s panel status.
COMPLETIONmonitor creates real-time alerts, automatically produces regulatory and CQS reports, and will improve your firm's efficiency. In addition it is simply to use, cost-effective and, for some firms, results in reduced PII premiums.
Banks and building societies often change their requirements. The UK Finance Lenders’ Handbook requirements from TSB are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: