Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk mitigation tool.
This software facilitates the way you can demonstrate to lender panels that you are, and can remain fully compliant with their instructions, with notifications given on Ulster Bank’s changes. Notwithstanding that utilising this technology is not a condition for acceptance on the Ulster Bank panel, demonstrating you can remain up to date with Ulster Bank’s Handbook requirements is a helpful support to your panel application and, more importantly, protect your firm’s panel standing.
The software creates real-time alerts, automatically produces compliance and CQS reports, and will improve your firm's efficiency. It is also simply to use, cost-effective and, for some firms, results in 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, over time: