COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. It is supported by professional indemnity insurers. COMPLETIONmonitor 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 notifications given on Family Building Society’s changes. Notwithstanding that using COMPLETIONmonitor is not a prerequisite for Family Building Society , demonstrating you can remain up to date with Family Building Society’s Handbook requirements is an excellent support to your application to their lender panel and, more importantly, safeguard your panel standing.
COMPLETIONmonitor creates real-time alerts, automatically produces regulatory and CQS reports, and will improve your firm's efficiency. It is also simply to use, cost-effective and, for some firms, results in reduced PII premiums.
Lenders frequently 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, over time: