COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by UK Finance and professional indemnity insurers. COMPLETIONmonitor is a unique risk mitigation tool.
This system facilitates the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with notifications given on Sainsbury's Bank’s changes. While utilising the tool is not a prerequisite for Sainsbury's Bank , demonstrating you can remain up to date with Sainsbury's Bank’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, safeguard your firm’s panel standing.
COMPLETIONmonitor creates real-time alerts, automatically produces regulatory 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.
Lenders often vary their requirements. The UK Finance Lenders’ Handbook requirements from Sainsbury's Bank are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: