COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by professional indemnity insurers. COMPLETIONmonitor is a unique risk management tool.
This software assists the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with notifications given on Lloyds’s changes. While utilising this technology is not a prerequisite for Lloyds , demonstrating you can stay up to date with Lloyds’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, protect your panel standing.
The software creates real-time alerts, automatically produces compliance and CQS reports, and will enhance your firm's efficiency. It is also simply to use, cost-effective and, for many firms, leads to reduced PII premiums.
Banks and building societies frequently 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, over time: