COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by the CML and PI insurers such as AmTrust. 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. Notwithstanding that using the software is not a condition for acceptance 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 status.
COMPLETIONmonitor creates real-time alerts, automatically produces compliance and CQS reports, and will enhance your firm's efficiency. In addition it is user friendly, cost-effective and, for some firms, leads to reduced PII premiums.
Mortgage companies often vary 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: