COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. It is supported by professional indemnity insurers. It is a unique risk mitigation tool.
This system is the only way you can prove to lender panels that you are, and can stay fully compliant with their requirements, with notifications given on Mortgage Express (No 2)’s changes. While using the software is not a condition for being on the Mortgage Express (No 2) panel, demonstrating you can stay up to date with Mortgage Express (No 2)’s Handbook requirements is an excellent support to your panel application and, just as importantly, safeguard your firm’s panel standing.
The software generates real-time alerts, automatically produces COLP and CQS reports, and will enhance your firm's efficiency. It is also user friendly, cost-effective and, for many firms, results in a PII saving.
Mortgage companies often vary their requirements. The UK Finance Lenders’ Handbook requirements from Mortgage Express (No 2) are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: