COMPLETIONmonitor
Articles mentioning Lexsure’s COMPLETIONmonitor and its use in conveyancing risk management, including checklists, fraud prevention, lender compliance and historical product developments.
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Exchange Is Binding. Completion Still Needs Managing.
The exchange of contracts in property transactions is a critical milestone, marking a legal obligation but not necessarily the completion of the purchase. Conveyancers must manage risks, client communication, and funding arrangements continuously until completion. Clear responsibilities and monitoring processes are essential to address potential delays and ensure all contractual commitments are met effectively.
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Post Completion Risks in Conveyancing
The post completion stage of conveyancing is facing unprecedented scrutiny as HM Land Registry continues it’s transition from private feedback to public transparency. New data from HMLR highlights a significant divide in application quality across the legal sector. While the proportion of firms with an avoidable requisition rate under 1 percent has risen to 20…