COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by Council of Mortgage Lenders and PI insurers. It is a unique risk management tool.
This system optimises the way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with automatic updates on NRAM Ltd’s changes. While using COMPLETIONmonitor is not a condition for being on the NRAM Ltd panel, demonstrating you can remain up to date with NRAM Ltd’s Handbook requirements is an excellent support to your application to their lender panel and, just as importantly, safeguard your firm’s panel standing.
The system generates real-time alerts, automatically produces compliance and CQS reports, and will enhance your firm's efficiency. In addition it is simply to use, cost-effective and, for some firms, leads to a PII saving.
Banks and building societies frequently vary their requirements. The UK Finance Lenders’ Handbook requirements from NRAM Ltd are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: