COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by the CML and PI insurers such as AmTrust. It is a unique risk mitigation tool.
This system facilitates the way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with alerts on Royal Bank of Scotland’s changes. Even though using the software is not a condition for acceptance on the Royal Bank of Scotland panel, demonstrating you can stay up to date with Royal Bank of Scotland’s Handbook requirements is a helpful support to your panel application and, just as importantly, protect your firm’s panel status.
The system generates real-time alerts, automatically produces COLP and CQS reports, and will enhance your firm's efficiency. In addition it is user friendly, cost-effective and, for some firms, leads to reduced PII premiums.
Lenders frequently vary their requirements. The UK Finance Lenders’ Handbook requirements from Royal Bank of Scotland are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: