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