COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by UK Finance and professional indemnity insurers. It is a unique risk management tool.
This software facilitates the way you can demonstrate to lender panels that you are, and can stay fully compliant with their requirements, with alerts on Vida Homeloans’s changes. Even though utilising COMPLETIONmonitor is not a condition for acceptance on the Vida Homeloans panel, demonstrating you can stay up to date with Vida Homeloans’s Handbook requirements is a helpful support to your panel application and, more importantly, protect your firm’s panel status.
COMPLETIONmonitor creates real-time alerts, automatically produces SRA and CQS reports, and will improve your firm's efficiency. It is also simply to use, cost-effective and, for many firms, results in reduced PII premiums.
Banks and building societies frequently change their requirements. The UK Finance Lenders’ Handbook requirements from Vida Homeloans are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: