Announcement
Want a streamlined remortgage case journey?
Earlier this month we announced that our PEXA capabilities increased to include Limited Companies, but did you know we’re currently the only UK lender to offer this?
We are continuously investing in technology and data to power up professional investors with streamlined services and sophisticated insights, delivering you and your customers the best possible experience with us.
So whether your client is a Limited Company or an individual customer looking to refinance, PEXA can help streamline their remortgage journey with funds delivered straight from the Bank of England to their account, using PEXA Pay. Sound good?
Read on to find out more about PEXA and if your cases are eligible:
Is your case eligible for PEXA?
If you want to flow through finance with PEXA, here are the key case characteristics to look out for…
- Must be an external re-finance deal, including capital raise.
- All customer types accepted.
- Maximum of 4 participants per deal.
- Property based in England & Wales.
- Single property only.
- Lender being refinanced must be a UK lender.
- Both non-rep & sep-rep cases accepted.
- The property title must already have been registered.
What PEXA delivers for your customers
PEXA powers up your professional investors to achieve their property ambitions, leveraging technology to deliver speed and certainty. Here are its the benefits:
- Faster completions: we have six settlement slots throughout the day to focus on PEXA cases, making it faster than CHAPS for a case to progress.
- Improved communication: we have a real-time view on outstanding conveyancing tasks within the PEXA workspace, allowing us to provide real-time updates to brokers.
- Streamlined journey: funds are transferred directly from source to destination, improving completion times.
- Reduced cyber and fraud risks: safer for both you, your clients and us.
- Transparency: timeline and audit trail of authorisations, with 4-eye check functionality to ensure accuracy.