COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers. It is a unique risk management tool.
This software optimises the way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with automatic updates on HSBC UK Bank’s changes. Even though utilising the tool is not a condition for being on the HSBC UK Bank panel, demonstrating you can stay up to date with HSBC UK Bank’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 COLP and CQS reports, and will enhance your firm's efficiency. It is also simply to use, cost-effective and, for many firms, leads to reduced PII premiums.
Banks and building societies often change 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: