Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by 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 remain fully compliant with their instructions, with automatic updates on Vida Homeloans’s changes. Even though using COMPLETIONmonitor is not a condition for being on the Vida Homeloans panel, demonstrating you can remain up to date with Vida Homeloans’s Handbook requirements is an excellent support to your panel application and, just as importantly, safeguard your firm’s panel standing.
The software generates real-time alerts, automatically produces COLP and CQS reports, and will enhance your firm's efficiency. In addition it is user friendly, cost-effective and, for many firms, leads to reduced PII premiums.
Lenders frequently change their requirements. The UK Finance Lenders’ Handbook requirements from Vida Homeloans are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: