COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers. It is a unique risk management tool.
This software assists the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with alerts on Paratus’s changes. While utilising the software is not a condition for acceptance on the Paratus panel, demonstrating you can remain up to date with Paratus’s Handbook requirements is a helpful support to your panel application and, just as importantly, protect your firm’s panel standing.
The software creates real-time alerts, automatically produces SRA and CQS reports, and will improve your firm's efficiency. It is also simply to use, cost-effective and, for some firms, results in a PII saving.
Lenders frequently 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: