COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by professional indemnity insurers. COMPLETIONmonitor is a unique risk management tool.
This system assists the way you can prove to lender panels that you are, and can stay fully compliant with their requirements, with alerts on Topaz Finance’s changes. While using COMPLETIONmonitor is not a condition for acceptance on the Topaz Finance panel, demonstrating you can stay up to date with Topaz Finance’s Handbook requirements is an excellent support to your panel application and, just as importantly, safeguard your firm’s panel status.
The system creates real-time alerts, automatically produces regulatory and CQS reports, and will increase your firm's efficiency. In addition it is user friendly, cost-effective and, for some firms, leads to reduced PII premiums.
Banks and building societies often change their requirements. The UK Finance Lenders’ Handbook requirements from Topaz Finance are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: