COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by professional indemnity insurers. COMPLETIONmonitor is a unique risk mitigation tool.
This software is the only way you can demonstrate to lender panels that you are, and can remain fully compliant with their instructions, with alerts on Loughborough Building Society’s changes. While using the software is not a condition for being on the Loughborough Building Society panel, demonstrating you can stay up to date with Loughborough Building Society’s Handbook requirements is an excellent support to your application to their lender panel and, just as importantly, protect your panel status.
The system creates real-time alerts, automatically produces COLP and CQS reports, and will increase your firm's efficiency. It is also simply to use, cost-effective and, for some firms, results in reduced PII premiums.
Banks and building societies often vary their requirements. The BSA instructions from Loughborough Building Society are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: