COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by Council of Mortgage Lenders and PI insurers such as AmTrust. It is a unique risk mitigation tool.
This system assists the way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with alerts on Stafford Railway Building Society’s changes. Notwithstanding that utilising COMPLETIONmonitor is not a condition for acceptance on the Stafford Railway Building Society panel, demonstrating you can remain up to date with Stafford Railway Building Society’s Handbook requirements is an excellent support to your panel application and, just as importantly, safeguard your panel standing.
The system creates 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, results in a PII saving.
Banks and building societies often change their requirements. The BSA instructions from Stafford Railway Building Society are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: