COMPLETIONmonitor

The Mortgage Business Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. Supported by the Council of Mortgage Lenders and professional indemnity insures. COMPLETIONmonitor is a unique risk mitigation tool.

This software optimises the way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with alerts on The Mortgage Business’s changes. While utilising this technology is not a prerequisite for The Mortgage Business , demonstrating you can stay up to date with The Mortgage Business’s Handbook requirements is an excellent support to your panel application and, just as importantly, protect your panel standing.

COMPLETIONmonitor generates real-time alerts, automatically produces compliance and CQS reports, and will improve your firm's efficiency. It is also simply to use, cost-effective and, for some firms, leads to reduced PII premiums.

Book a The Mortgage Business Demo for this Panel Compliance Tool

Banks and building societies frequently change their requirements. The UK Finance Lenders’ Handbook requirements from The Mortgage Business are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently:

A Timeline of Policy Changes

Since 2008, The Mortgage Business has made 130 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 21.0 days. In total, 22% of the sections of P2 of the UK Finance Lenders’ Handbook for The Mortgage Business have been changed since 15/12/2008.

To find out more about lender panel compliance,

Book a Personalised Demo

Recent Changes Include

#	Date	Assoc.	Changes Related To
16.5.3a	16/01/2018	CML	Deed of Variation The Mortgage Business requirements for approved lawyers as to whether The Mortgage Business need to be sent a Deed of Variation
16.5.3c	16/01/2018	CML	Deed of Easement Contact details at The Mortgage Business for conveyancing panel lawyers to send the deed of easement .
6.7.1	10/07/2017	CML	New Build Conveyancing The Mortgage Business approved conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
6.7.1	19/05/2017	CML	New Build Conveyancing The Mortgage Business approved conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
6.7.1	09/05/2016	CML	New Build Conveyancing The Mortgage Business panel conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
10.7	24/04/2015	CML	Mortgage Advance and Certificate of Title In the event of a delayed completion, when and how is advance to be returned to The Mortgage Business by the approved lawyer?
16.1.1	24/04/2015	CML	Title Documents The Mortgage Business details for requesting Title Documentation
16.3.7a	24/04/2015	CML	Transfer of Equity Contact details at The Mortgage Business for approved lawyers for obtaining execution of transfer equity
6.14.1a	01/12/2014	CML	contact point if property is not insured in accordance with lender requirement
6.14.2	01/12/2014	CML	requirement that all insurance risks are included

Last update 08/11/2018