COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by PI insurers such as AmTrust. It is a unique risk mitigation tool.
This system optimises the way you can demonstrate to lender panels that you are, and can stay fully compliant with their requirements, with notifications given on Aldermore Bank’s changes. While using this technology is not a condition for being on the Aldermore Bank panel, demonstrating you can stay up to date with Aldermore Bank’s Handbook requirements is a helpful support to your panel application and, more importantly, protect your firm’s panel standing.
COMPLETIONmonitor generates real-time alerts, automatically produces COLP and CQS reports, and will improve your firm's efficiency. It is also user friendly, cost-effective and, for some firms, leads to a PII saving.
Mortgage companies frequently change their requirements. The UK Finance Lenders’ Handbook requirements from Aldermore Bank are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: