COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. Supported by the CML and PI insurers. COMPLETIONmonitor is a unique risk management tool.
This software assists the way you can demonstrate to lender panels that you are, and can stay fully compliant with their instructions, with alerts on Precise Mortgages’s changes. Even though utilising the software is not a prerequisite for Precise Mortgages , demonstrating you can stay up to date with Precise Mortgages’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, protect your firm’s panel standing.
COMPLETIONmonitor creates real-time alerts, automatically produces regulatory and CQS reports, and will enhance your firm's efficiency. It is also user friendly, cost-effective and, for some firms, results in reduced PII premiums.
Banks and building societies often vary their requirements. The UK Finance Lenders’ Handbook requirements from Precise Mortgages are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: