COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. It is supported by professional indemnity insurers. It is a unique risk mitigation tool.
This software optimises the way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with automatic updates on First Direct’s changes. Notwithstanding that utilising COMPLETIONmonitor is not a condition for acceptance on the First Direct panel, demonstrating you can stay up to date with First Direct’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, protect your panel status.
The software generates real-time alerts, automatically produces COLP 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 change their requirements. The UK Finance Lenders’ Handbook requirements from First Direct are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: