COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers such as AmTrust. It is a unique risk mitigation tool.
This system is the only way you can demonstrate to lender panels that you are, and can stay fully compliant with their requirements, with notifications given on RBS - Virgin One’s changes. While utilising COMPLETIONmonitor is not a prerequisite for RBS - Virgin One , demonstrating you can stay up to date with RBS - Virgin One’s Handbook requirements is a helpful support to your panel application and, more importantly, protect your panel status.
The system creates real-time alerts, automatically produces COLP and CQS reports, and will increase your firm's efficiency. In addition it is user friendly, cost-effective and, for some firms, leads to a PII saving.
Mortgage companies frequently vary their requirements. The UK Finance Lenders’ Handbook requirements from RBS - Virgin One are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time: