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 assists the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with notifications given on Platform’s changes. Even though utilising the software is not a condition for acceptance on the Platform panel, demonstrating you can stay up to date with Platform’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, protect your panel standing.
COMPLETIONmonitor creates real-time alerts, automatically produces compliance and CQS reports, and will enhance your firm's efficiency. It is also user friendly, cost-effective and, for many firms, results in a PII saving.
Lenders often vary their requirements. The UK Finance Lenders’ Handbook requirements from Platform are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: