COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk mitigation tool.
This system is the only way you can prove to lender panels that you are, and can remain fully compliant with their requirements, with notifications given on Chelsea Building Society’s changes. Notwithstanding that using the tool is not a prerequisite for Chelsea Building Society , demonstrating you can stay up to date with Chelsea Building Society’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, safeguard your panel status.
The system creates real-time alerts, automatically produces SRA and CQS reports, and will enhance your firm's efficiency. In addition it is user friendly, cost-effective and, for some firms, results in reduced PII premiums.
Banks and building societies frequently vary their requirements. The UK Finance Lenders’ Handbook requirements from Chelsea Building Society are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: