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PEXA: February update

By-To-Let mortgage processed in record time

In collaboration with Shawbrook Bank, we achieved a landmark success: processing a Buy-to-Let (BTL) mortgage through the PEXA platform in just over 36 working hours. This has enabled us to highlight our platform’s efficiency whilst demonstrating our commitment to collaboration within the industry.

Find out more about this on LinkedIn.

PEXA Group’s half-year financial performance

We were pleased to announce our half-year results for FY24, at the PEXA Group level, showcasing strong financial performance and strategic progress both in Australia and here in the UK. Our collective efforts are driven by our purpose to ‘connect people to place’, with a UK focus on building our customer base, enhancing the PEXA proposition, integrating UK businesses into the PEXA ecosystem, and strengthening advocacy.

For a detailed report, visit our Investor Centre.

Evolving conveyancing pricing

Angela Hesketh, having spent years in legal practise in conveyancing, now PEXA’s Head of Market Development UK, shared her perspective on the evolution of conveyancing pricing and the potential for more client-centric models. She emphasised the importance of aligning fees with outcomes to reinforce conveyancers’ roles as trusted advisers.

Dive into Angela’s insights here.

Reflecting on recent events

This past month, PEXA participated in several major industry events, including the CLC Conference and AGM, the Conveyancing Association Annual Conference, Smoove’s Conveyancing Conference, and the Payments Association’s Parliament Reception. Each event was well attended and allowed us to showcase PEXA’s innovative approach to property transactions.

These engagements have been invaluable for sharing our vision, learning from peers, and further solidifying our commitment to transforming the conveyancing landscape.

Stay in touch

We’ll soon be looking to add a small number of law firms to go through a test-and-learn for our upcoming Sale and Purchase offering – if you’d like to express your interest then we’d love to hear from you. Please contact Angela on angela.hesketh@pexa.com.au if you’d like to find out more or share your thoughts.

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