COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. It is supported by professional indemnity insurers. COMPLETIONmonitor is a unique risk management tool.
This system assists the way you can demonstrate to lender panels that you are, and can remain fully compliant with their instructions, with automatic updates on Virgin’s changes. While utilising this technology is not a condition for acceptance on the Virgin panel, demonstrating you can stay up to date with Virgin’s Handbook requirements is an excellent support to your application to their lender panel and, more importantly, protect your panel status.
The software generates 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, results in reduced PII premiums.
Banks and building societies often change their requirements. The UK Finance Lenders’ Handbook requirements from Virgin are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently: