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 management tool.
This system optimises the way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with notifications given on MBS Lending Ltd’s changes. Notwithstanding that using the tool is not a prerequisite for MBS Lending Ltd , demonstrating you can remain up to date with MBS Lending Ltd’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, safeguard your firm’s panel standing.
COMPLETIONmonitor generates real-time alerts, automatically produces compliance 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.
Lenders frequently 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: