COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by PI insurers. COMPLETIONmonitor is a unique risk management tool.
This system is the only way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with alerts on National Westminster Bank’s changes. Even though utilising this technology is not a condition for being on the National Westminster Bank panel, demonstrating you can stay up to date with National Westminster Bank’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, safeguard your panel status.
COMPLETIONmonitor 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 reduced PII premiums.
Lenders often change their requirements. The UK Finance Lenders’ Handbook requirements from National Westminster Bank are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: