COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by UK Finance and PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk mitigation tool.
This system facilitates the way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with automatic updates on DB UK Bank’s changes. While using COMPLETIONmonitor is not a condition for being on the DB UK Bank panel, demonstrating you can remain up to date with DB UK Bank’s Handbook requirements is a helpful 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 enhance your firm's efficiency. In addition it is user friendly, cost-effective and, for many firms, results in a PII saving.
Lenders often vary their requirements. The UK Finance Lenders’ Handbook requirements from DB UK Bank are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: