COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by PI insurers. It is a unique risk mitigation tool.
This software is the only way you can demonstrate to lender panels that you are, and can remain fully compliant with their instructions, with notifications given on The Mortgage Lender’s changes. Even though using COMPLETIONmonitor is not a condition for being on the The Mortgage Lender panel, demonstrating you can remain up to date with The Mortgage Lender’s Handbook requirements is an excellent support to your panel application and, just as importantly, safeguard your panel standing.
The software generates real-time alerts, automatically produces COLP and CQS reports, and will improve your firm's efficiency. In addition it is user friendly, cost-effective and, for some firms, leads to reduced PII premiums.
Lenders frequently change their requirements. The UK Finance Lenders’ Handbook requirements from The Mortgage Lender are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: