COMPLETIONmonitor for Lenders

Benefits to Lenders

COMPLETIONmonitor is a highly intelligent online solution that provides real-time management information for lenders on their panel firms.

The system risk manages and imposes order as it dynamically evolves based on the specific lender requirements of a property transaction. Bespoke alerts are triggered sending early warnings on potential high risk cases including mortgage fraud, missed titles, late registrations or other areas of concern.

In addition, the post-completion workflow sets out exactly what documents need to be sent to a lender following Completion and prompting the conveyancer to ensure critical dates are not missed.

There are numerous significant benefits to Lenders where Conveyancers use COMPLETIONmonitor:

• Identify early signs of potential mortgage fraud - based on intelligent data gathering on the specifics of each transaction COMPLETIONmonitor analyses and is able to instantly feedback and alert lenders as required.
• Administrative access to COMPLETIONmonitor effectively allows lenders to selectively prune their panels based on detailed management information.
• COMPLETIONmonitor provides a real-time overview of the post-completion activity of a law firm with the ability to monitor the stages reached in registering a charge and sending evidence of title.
• Detailed reporting is available for lenders on their panel firms, along with a fully automated email alert system based on customised risk parameters.
• The system can be used to ensure that only a certain level of conveyancer can sign off the case as ready for completion. Each lender is able to dictate their parameters in this regard. COMPLETIONmonitor can be used to require that unqualified/junior lawyers have their work cross checked.

For further information please call us to find out more on 020 7692 1876 or fill out the contact form here to request a call back.