COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by PI insurers such as AmTrust. It is a unique risk mitigation tool.
This software facilitates the way you can demonstrate to lender panels that you are, and can remain fully compliant with their instructions, with automatic updates on Loughborough Building Society’s changes. Notwithstanding that using the software is not a prerequisite for Loughborough Building Society , 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 standing.
COMPLETIONmonitor creates real-time alerts, automatically produces regulatory and CQS reports, and will increase your firm's efficiency. In addition it is user friendly, cost-effective and, for some firms, results in reduced PII premiums.
Lenders 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: