COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by UK Finance and professional indemnity insurers. It is a unique risk management tool.
This system assists the way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with automatic updates on Hodge’s changes. Notwithstanding that using this technology is not a prerequisite for Hodge , demonstrating you can remain up to date with Hodge’s Handbook requirements is a helpful support to your panel application and, just as importantly, safeguard your panel status.
COMPLETIONmonitor generates real-time alerts, automatically produces regulatory and CQS reports, and will increase your firm's efficiency. It is also user friendly, cost-effective and, for many firms, leads to reduced PII premiums.
Lenders often change 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, over time: