COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by PI insurers such as AmTrust. COMPLETIONmonitor 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 instructions, with notifications given on Newcastle Building Society’s changes. Notwithstanding that utilising this technology is not a prerequisite for Newcastle Building Society , demonstrating you can stay up to date with Newcastle Building Society’s Handbook requirements is an excellent support to your panel application and, just as importantly, protect your panel status.
The system creates real-time alerts, automatically produces SRA and CQS reports, and will increase your firm's efficiency. In addition it is user friendly, cost-effective and, for many firms, leads to reduced PII premiums.
Banks and building societies often vary their requirements. The BSA instructions from Newcastle Building Society are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: