COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by professional indemnity insurers. COMPLETIONmonitor is a unique risk mitigation tool.
This system optimises the way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with automatic updates on Paratus’s changes. While using the software is not a condition for acceptance on the Paratus panel, demonstrating you can stay up to date with Paratus’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, safeguard your firm’s panel status.
COMPLETIONmonitor generates real-time alerts, automatically produces COLP and CQS reports, and will increase your firm's efficiency. In addition it is simply to use, cost-effective and, for many 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: