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PEXA: January update

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 strategic move positions us to showcase our capability to influence and willingness to collaborate with the conveyancing market. The integration of Smoove’s technology will help to expand our reach and capabilities, promising to streamline transaction times and improve consumer experiences.

For more details on this acquisition, see our full announcement here.

Limited Company remortgaging with Shawbrook Bank

We were thrilled to have Shawbrook Bank complete the first ever Limited Company transaction through the PEXA platform recently. This collaboration has led to a successful remortgage for a professional property investor, significantly reducing the completion time. This partnership represents a step forward in our digital strategy and commitment to enhancing customer experiences through technology.

You can check out the Shawbrook press release here.

We’re always keen to hear your thoughts and are dedicated to improving the experience for all. If you’re interested in feedback opportunities or to discuss what would assist your organisation, get in touch with us here and one of our team will be in touch.

2024 Predictions

Looking ahead this year, transformative shifts in the property market are anticipated, aligning with our vision of a streamlined and transparent home buying and selling experience.

Our Head of Market Development, Angela Hesketh, predicts significant developments in a recent article featured in Today’s Conveyancer. On her list are things such as the early integration of conveyancers in the home-moving process, the adoption of open data standards, and the impact of stabilising interest rates.

Read Angela’s full insights and predictions for 2024 here.

Continued enhancements to the platform

Our latest platform updates, Release 5.1 and 5.2, are now live, bringing significant improvements to PEXA workspaces. These updates include the ability to modify external law firm details, enhanced visuals for the Create Workspace screen, and more.

Looking ahead, our major release in February will introduce new APIs, a Developer Portal, and enhanced HMLR lodgement processing support. These features aim to streamline integrations and improve overall user experience.

This article was submitted to be published by PEXA as part of their advertising agreement with Today’s Conveyancer. The views expressed in this article are those of the submitter and not those of Today’s Conveyancer.

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