COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by professional indemnity insurers. COMPLETIONmonitor is a unique risk management tool.
This software optimises the way you can demonstrate to lender panels that you are, and can stay fully compliant with their requirements, with alerts on HSBC UK Bank’s changes. Notwithstanding that utilising COMPLETIONmonitor is not a condition for being on the HSBC UK Bank panel, demonstrating you can remain up to date with HSBC UK Bank’s Handbook requirements is an excellent support to your panel application and, more importantly, safeguard your panel status.
The system generates real-time alerts, automatically produces SRA and CQS reports, and will increase your firm's efficiency. In addition it is simply to use, cost-effective and, for some firms, leads to reduced PII premiums.
Banks and building societies often vary their requirements. The UK Finance Lenders’ Handbook requirements from HSBC UK Bank are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: