COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk management tool.
This system facilitates the way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with alerts on Paragon Residential’s changes. While utilising the tool is not a prerequisite for Paragon Residential , demonstrating you can remain up to date with Paragon Residential’s Handbook requirements is a helpful support to your panel application and, more importantly, safeguard your panel status.
COMPLETIONmonitor creates 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 many firms, results in reduced PII premiums.
Banks and building societies frequently vary 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, over time: