COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by professional indemnity insurers. It is a unique risk mitigation tool.
This system facilitates the way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with automatic updates on Paragon Mortgages Ltd’s changes. Notwithstanding that using COMPLETIONmonitor is not a condition for being on the Paragon Mortgages Ltd panel, demonstrating you can remain up to date with Paragon Mortgages Ltd’s Handbook requirements is an excellent support to your application to their lender panel and, just as importantly, safeguard your panel status.
The system generates real-time alerts, automatically produces SRA and CQS reports, and will enhance your firm's efficiency. It is also simply to use, cost-effective and, for many firms, results in a PII saving.
Banks and building societies often change their requirements. The UK Finance Lenders’ Handbook requirements from Paragon Mortgages Ltd are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: