COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by Council of Mortgage Lenders and PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk mitigation tool.
This system facilitates the way you can prove to lender panels that you are, and can stay fully compliant with their requirements, with notifications given on Godiva Mortgages’s changes. Even though using the tool is not a condition for being on the Godiva Mortgages panel, demonstrating you can remain up to date with Godiva Mortgages’s Handbook requirements is an excellent support to your application to their lender panel and, more importantly, protect your firm’s panel standing.
The software creates real-time alerts, automatically produces compliance and CQS reports, and will increase your firm's efficiency. It is also simply to use, cost-effective and, for many firms, leads to a PII saving.
Lenders often vary their requirements. The UK Finance Lenders’ Handbook requirements from Godiva Mortgages are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: