COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by UK Finance and PI insurers such as AmTrust. It is a unique risk management tool.
This system optimises the way you can demonstrate to lender panels that you are, and can stay fully compliant with their requirements, with notifications given on MBS Lending Ltd’s changes. Even though using the software is not a condition for acceptance on the MBS Lending Ltd panel, demonstrating you can stay up to date with MBS Lending Ltd’s Handbook requirements is an excellent support to your application to their lender panel and, more importantly, safeguard your panel standing.
The system creates real-time alerts, automatically produces compliance and CQS reports, and will enhance your firm's efficiency. In addition it is user friendly, cost-effective and, for many firms, leads to a PII saving.
Mortgage companies often change their requirements. The BSA instructions from MBS Lending Ltd are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: