For more than a decade, PEXA has been a pioneering leader in digital property transactions, transforming Australia’s $10 trillion housing market. Facilitating secure, efficient home settlements for over 13,000 families each week, PEXA’s innovative platform and services are trusted for nearly 90% of all property transactions in Australia.
Now, they’ve introduced their world first technology and financial settlement model to the UK, starting with England and Wales. In collaboration with the Bank of England, they offer a resilient and secure solution for housing transactions, enhancing operational efficiency and transparency for lenders and law firms. Starting with the launch of remortgages in September 2022, and now expanding to a sale and purchase solution in 2024, PEXA is setting a new standard for the UK’s property industry
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There’s no escaping the fact that conveyancing firms face a whole host of different issues when it comes to completing any transaction. From dealing with huge peaks and troughs in demand to combatting the risk
In the evolving landscape of property, digital conveyancing represents a pivotal shift, focusing on digitisation rather than automation. This approach aims to enhance the conveyancing experience by providing robust tools that integrate information seamlessly, ensuring
What’ve we been up to? As we step into the warmer months, PEXA continues to drive forward with innovative partnerships and engagements across various platforms, reinforcing our commitment to enhancing the property transaction landscape in
PEXA, the digital property completions platform, today announces that it has appointed Sir Roger Marsh OBE DL as an Ambassador and Adviser to the board for the UK business as it looks to deepen its
National Conveyancing Week Highlights During National Conveyancing Week, Angela Hesketh, our Head of Market Development UK, delivered an engaging presentation on PEXA’s journey and our vision for reimagining housing completions. Angela shared insights into the
Angela Hesketh, Head of Market Development UK at PEXA, delivers an engaging presentation on the journey of PEXA to date and how we can truly start to reimagine completions. Viewers can expect a detailed account
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
Smoove acquisition completes We were delighted to announce in December the successful acquisition of Smoove plc, a major step in our commitment to growth and digitisation of the home moving process in the UK. This
Enhanced features Last month marked the release of a major update that enhances the experiences for all our users – with specific advancements tailored for our lender audience. We’ve expanded our capabilities to fully accommodate
Challenges in the Remortgage Market Mortgage brokers are facing unprecedented challenges in today’s remortgage market – the ebb and flow of demand has been anything but predictable, driven by Government policies, economic headwinds, and ever-shifting
In a world that is constantly evolving, adaption and transformation are key to staying relevant and efficient in any industry. Having spent many years as a conveyancer in legal practice, I’ve witnessed the evolution of
PEXA is well regarded for its wellbeing program. Our past two internal employee engagement surveys have resulted in a +89% result in wellbeing, with the program being named a finalist in the Australian HR Awards
Come and say hello! We’re thrilled to be premier sponsors of the Leeds Digital Festival this year. The festival is a celebration of digital culture, showcasing the digital enterprise, innovation and open collaboration that is
A 20-minute house sale? During a panel session at the Building Societies Association Conference earlier this year, our Chief Product and Experience Officer, Krystle Kocik, discussed whether technology could make a 20-minute house sale a
Krystle joined PEXA over 10 years ago and worked with the property industry to design and build the completion platform that transformed the industry and is used for over 90% of property transactions in Australia
Walking into warmer days Our team was delighted to participate in the London Legal Walk, joining 16,000 other participants from the legal profession to walk 10km through a picturesque, but very warm, London. We raised
PEXA has announced it has chosen 114 Wellington Street in West Village, Leeds, for its new UK headquarters. PEXA will collaborate with the West Yorkshire Combined Authority as it sets up its new headquarters and
The months prior to Christmas last year were action-packed for PEXA – the first digital remortgage transaction was completed by Hinckley & Rugby Building Society and muve in September, followed in quick succession by Shawbrook
Tips to combat money laundering from our Risk & Compliance Officer, Adrian Nkwor Adrian took the pen recently, taking a deep dive into the world of money laundering and sharing his tips on how firms
Money laundering has received significant news coverage in recent years. However, amid the exposés of criminal activity and financial misdeeds, the role of enablers is often overlooked. These bad actors facilitate the laundering of illegal
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