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 the UK.
Strategic leaps with NatWest Group
We were thrilled to announce significant advancements in our strategic partnership with NatWest Group. On May 2nd, we shared our collaborative progress towards achieving a 48-hour remortgage solution for UK homeowners. This initiative is expected to extend to handling sale and purchase transactions, significantly enhancing transaction speeds and simplifying customer experiences. Miguel Sard, Managing Director, Homebuying and Ownership at NatWest highlighted the critical
Global horizons: PEXA in the spotlight
PEXA’s journey into the global market, particularly our ventures here in the UK, was recently featured in the Australian Financial Review. The article discusses our strategic moves and the promising signs of success as demonstrated by our partnership with NatWest, which is expected to set a new benchmark for property transaction efficiency in the UK.
May’s marathon of milestones: key industry events
May was an action-packed month for PEXA, and the conversations began at the Council of Licensed Conveyancers roundtable and the Conveyancing Association AGM. Both were pivotal in fostering deep industry connections this month, where the roundtable was an open forum discussing, amongst other things, the risks associated with law firms’ client accounts and the potential impacts of material upfront information, AI and digitisation on the future of conveyancing. Meanwhile, at the AGM, discussions spurred by the Bank of England’s synchronisation project and insights from our own Chief Product and Experience Officer, Krystle Kocik, alongside leaders from LMS explored the need for evolving business models to enhance profitability and efficiency in conveyancing practices.
The momentum continued at the Building Societies Annual Conference, where we were proud sponsors and enthusiastic attendees. Our Chief Customer Officer, Andrew Lloyd, delivered a bite-sized presentation on “Removing the Friction in Property Transactions”, highlighting our commitment to streamlining processes in the building society sector. The conference was a deep dive into key issues such as open finance, digital agility, public policy, and navigating the personal finance landscape.
We posted about the event here.
Adding to our dynamic month was the UK Finance Mortgage Conference, where Andrew Lloyd shared the panel with industry leaders to discuss digital transformations in mortgage transactions. The session, “Digitally Redefining Home Buying and Selling”, provided a packed agenda on AI, housing affordability, supply challenges and risks for mortgage lenders.
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The views expressed in this article are those of the submitter and not those of Today’s Conveyancer.
