Searches UK has been selected to participate in a groundbreaking program to reduce conveyancer risk. As one of the UK’s leading property search firms, Searches UK is providing use of Lexsure Ltd.’s COMPLETIONmonitor software to law firms conducting searches through the firm, Lisa Summerton — Sales and Marketing Director said today.
COMPLETIONmonitor is an intelligent, interactive online pre- and post-completion checklist for conveyancers, identifying risks and potential legal issues on a property transaction. The software is supported by the Council of Mortgage Lenders and endorsed by leading professional indemnity insurers.
COMPLETIONmonitor, part of legal risk software house Lexsure, recently partnered with AmTrust Europe Limited, an ‘A’ rated insurance company, to link, for the first time, the use of risk mitigation software with lower expenditure on professional indemnity premiums for law firms.
“We are committed to helping conveyancers use the most comprehensive tools available in handling transactions, efficiently and effectively,” Lisa said. “With a major professional insurance provider now endorsing COMPLETIONmonitor for their law firm customers, we wanted to be part of this unique opportunity to help the firms.”
Under the program, law firms conducting property searches with Searches UK can have the COMPLETIONmonitor transaction fee paid by Searches UK , Simon Seaton, chief executive officer of the software firm said. Because the software integrates with leading case management systems, the process is seamless and efficient for law firms regardless of size or culture.
Searches UK are also sponsoring upcoming webinars to introduce COMPLETIONmonitor to their customers, please visit http://www.searchesuk.co.uk/content/free-cpd for more information.