COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by PI insurers. COMPLETIONmonitor is a unique risk management tool.
This system is the only 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. Notwithstanding that utilising the software is not a prerequisite for Precise Mortgages , demonstrating you can remain up to date with Precise Mortgages’s Handbook requirements is an excellent support to your panel application and, more importantly, safeguard your panel standing.
COMPLETIONmonitor generates real-time alerts, automatically produces SRA and CQS reports, and will improve your firm's efficiency. It is also user friendly, cost-effective and, for some firms, results in a PII saving.
Lenders frequently 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, over time: