COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by professional indemnity insurers. COMPLETIONmonitor 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 instructions, with alerts on Hodge’s changes. Notwithstanding that using the tool is not a prerequisite for Hodge , demonstrating you can stay up to date with Hodge’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, safeguard your firm’s panel standing.
The system creates real-time alerts, automatically produces SRA and CQS reports, and will improve your firm's efficiency. In addition it is simply to use, cost-effective and, for many firms, leads to a PII saving.
Banks and building societies often vary their requirements. The UK Finance Lenders’ Handbook requirements from Hodge are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: