COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by the Council of Mortgage Lenders and professional indemnity insures. COMPLETIONmonitor is a unique risk mitigation tool.
This software is the only way you can prove to lender panels that you are, and can stay fully compliant with their requirements, with notifications given on Lloyds’s changes. While utilising the software 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, just as importantly, safeguard your firm’s panel status.
COMPLETIONmonitor creates real-time alerts, automatically produces compliance and CQS reports, and will increase your firm's efficiency. It is also simply to use, cost-effective and, for many firms, results in a PII saving.
Mortgage companies 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, over time: