COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by PI insurers. COMPLETIONmonitor is a unique risk management tool.
This system optimises the way you can prove to lender panels that you are, and can stay fully compliant with their requirements, with automatic updates on Lloyds’s changes. While utilising the tool is not a condition for being on the Lloyds panel, demonstrating you can stay up to date with Lloyds’s Handbook requirements is an excellent support to your panel application and, more importantly, protect your firm’s panel standing.
COMPLETIONmonitor generates real-time alerts, automatically produces compliance and CQS reports, and will increase your firm's efficiency. In addition it is user friendly, cost-effective and, for many firms, results in a PII saving.
Lenders often change their requirements. The UK Finance Lenders’ Handbook requirements from Lloyds are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: