COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. Supported by Council of Mortgage Lenders and professional indemnity insurers. It is a unique risk mitigation tool.
This software is the only way you can demonstrate to lender panels that you are, and can stay fully compliant with their instructions, with notifications given on Bank of Ireland’s changes. Notwithstanding that utilising COMPLETIONmonitor is not a prerequisite for Bank of Ireland , demonstrating you can stay up to date with Bank of Ireland’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, safeguard your firm’s panel status.
The software creates real-time alerts, automatically produces COLP and CQS reports, and will enhance your firm's efficiency. It is also user friendly, cost-effective and, for some firms, leads to a PII saving.
Banks and building societies often change their requirements. The UK Finance Lenders’ Handbook requirements from Bank of Ireland are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: