COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by Council of Mortgage Lenders and 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 remain fully compliant with their instructions, with alerts on Nationwide Building Society’s changes. Even though utilising this technology is not a condition for acceptance on the Nationwide Building Society panel, demonstrating you can stay up to date with Nationwide Building Society’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, safeguard your panel standing.
The software generates real-time alerts, automatically produces regulatory and CQS reports, and will improve your firm's efficiency. In addition it is simply to use, cost-effective and, for many firms, leads to reduced PII premiums.
Mortgage companies often change their requirements. The UK Finance Lenders’ Handbook requirements from Nationwide Building Society are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: