COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by the CML and professional indemnity insurers. It is a unique risk mitigation tool.
This system assists the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with notifications given on Furness Building Society’s changes. Even though utilising COMPLETIONmonitor is not a prerequisite for Furness Building Society , demonstrating you can stay up to date with Furness Building Society’s Handbook requirements is a helpful support to your panel application and, more importantly, safeguard your firm’s panel status.
COMPLETIONmonitor generates real-time alerts, automatically produces regulatory and CQS reports, and will improve your firm's efficiency. In addition it is user friendly, 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 Furness Building Society are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: