COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by PI insurers. It is a unique risk management tool.
This software is the only way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with automatic updates on Halifax’s changes. While using COMPLETIONmonitor is not a prerequisite for Halifax , demonstrating you can remain up to date with Halifax’s Handbook requirements is an excellent support to your panel application and, just as importantly, safeguard your panel standing.
The system creates real-time alerts, automatically produces regulatory and CQS reports, and will enhance your firm's efficiency. In addition it is simply to use, 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: