COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. Supported by the CML and 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 remain fully compliant with their instructions, with automatic updates on Bradford & Bingley’s changes. While utilising the tool is not a condition for being on the Bradford & Bingley panel, demonstrating you can remain up to date with Bradford & Bingley’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, protect your panel standing.
The software generates real-time alerts, automatically produces regulatory and CQS reports, and will improve your firm's efficiency. In addition it is user friendly, cost-effective and, for some firms, leads to reduced PII premiums.
Mortgage companies often change their requirements. The UK Finance Lenders’ Handbook requirements from Bradford & Bingley are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: