COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by Council of Mortgage Lenders and PI insurers. It is a unique risk management tool.
This system is the only way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with automatic updates on Family Building Society’s changes. While utilising COMPLETIONmonitor is not a condition for being on the Family Building Society panel, demonstrating you can remain up to date with Family Building Society’s Handbook requirements is an excellent support to your panel application and, just as importantly, protect your panel standing.
The system generates real-time alerts, automatically produces SRA and CQS reports, and will improve your firm's efficiency. It is also simply to use, cost-effective and, for some firms, results in a PII saving.
Banks and building societies often vary their requirements. The UK Finance Lenders’ Handbook requirements from Family Building Society are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: