COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk mitigation tool.
This software optimises the way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with notifications given on Paragon Residential’s changes. While utilising this technology is not a condition for being on the Paragon Residential panel, demonstrating you can remain up to date with Paragon Residential’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, protect your panel standing.
The system generates real-time alerts, automatically produces compliance and CQS reports, and will improve your firm's efficiency. In addition it is user friendly, cost-effective and, for some firms, leads to a PII saving.
Mortgage companies often change their requirements. The UK Finance Lenders’ Handbook requirements from Paragon Residential are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: