Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by the CML and professional indemnity insurers. COMPLETIONmonitor is a unique risk mitigation tool.
This software is the only way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with automatic updates on Ulster Bank’s changes. Notwithstanding that using COMPLETIONmonitor is not a condition for acceptance on the Ulster Bank panel, demonstrating you can stay up to date with Ulster Bank’s Handbook requirements is a helpful support to your panel application and, more importantly, protect your panel status.
The software generates real-time alerts, automatically produces COLP and CQS reports, and will enhance your firm's efficiency. It is also simply to use, cost-effective and, for many firms, leads to reduced PII premiums.
Mortgage companies frequently change their requirements. The UK Finance Lenders’ Handbook requirements from Ulster Bank are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: