COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers. COMPLETIONmonitor is a unique risk mitigation tool.
This system assists the way you can demonstrate to lender panels that you are, and can stay fully compliant with their instructions, with automatic updates on Newbury Building Society’s changes. Notwithstanding that utilising COMPLETIONmonitor is not a condition for being on the Newbury Building Society panel, demonstrating you can stay up to date with Newbury Building Society’s Handbook requirements is a helpful support to your panel application and, more importantly, protect your firm’s panel standing.
COMPLETIONmonitor creates real-time alerts, automatically produces regulatory and CQS reports, and will improve your firm's efficiency. It is also user friendly, cost-effective and, for some firms, leads to a PII saving.
Lenders frequently vary their requirements. The BSA instructions from Newbury Building Society are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: