COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by PI insurers. COMPLETIONmonitor 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 automatic updates on The Mortgage Works’s changes. Even though using this technology is not a prerequisite for The Mortgage Works , demonstrating you can stay up to date with The Mortgage Works’s Handbook requirements is a helpful support to your panel application and, just as importantly, safeguard your firm’s panel status.
COMPLETIONmonitor generates real-time alerts, automatically produces compliance and CQS reports, and will enhance your firm's efficiency. It is also user friendly, cost-effective and, for many firms, leads to reduced PII premiums.
Banks and building societies frequently vary their requirements. The UK Finance Lenders’ Handbook requirements from The Mortgage Works are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: