COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers. It is a unique risk management tool.
This system facilitates the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with alerts on DB UK Bank’s changes. Even though utilising this technology 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 an excellent support to your application to their lender panel and, just as importantly, protect your panel status.
The software creates real-time alerts, automatically produces regulatory and CQS reports, and will improve your firm's efficiency. In addition it is simply to use, cost-effective and, for some firms, leads to reduced PII premiums.
Lenders often change 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, frequently: