COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by PI insurers. It is a unique risk mitigation tool.
This system optimises the way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with notifications given on Halifax’s changes. Notwithstanding that utilising COMPLETIONmonitor is not a condition for acceptance on the Halifax panel, demonstrating you can remain up to date with Halifax’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, protect your firm’s panel standing.
The system creates real-time alerts, automatically produces SRA and CQS reports, and will increase your firm's efficiency. In addition it is user friendly, cost-effective and, for many firms, results in reduced PII premiums.
Lenders frequently vary their requirements. The UK Finance Lenders’ Handbook requirements from Halifax are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: