COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers such as AmTrust. It is a unique risk management tool.
This system assists the way you can prove to lender panels that you are, and can remain fully compliant with their requirements, with automatic updates on Paratus’s changes. Notwithstanding that utilising this technology is not a prerequisite for Paratus , demonstrating you can stay up to date with Paratus’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, safeguard your firm’s panel status.
COMPLETIONmonitor creates real-time alerts, automatically produces regulatory and CQS reports, and will enhance your firm's efficiency. In addition it is simply to use, cost-effective and, for some firms, results in reduced PII premiums.
Mortgage companies often vary their requirements. The UK Finance Lenders’ Handbook requirements from Paratus are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: