PEXA is passionate about working closely with industry to transform the property experience in the UK and is thrilled to be a Premier Sponsor of Leeds Digital Festival.
Evolving from a government initiative more than ten years ago, PEXA is a world-first innovation that has modernised the 9 trillion-dollar Australian housing market, bringing financial institutions, lawyers and conveyancers together through our platform to help 20,000 families a week safely settle their homes. Since launching in September 2022, we’ve brought our technology, financial settlement model and expertise to the UK, beginning with England and Wales.
Working in collaboration with the Bank of England, we’ve introduced a secure and resilient way for PEXA customers to complete housing transactions. Our technology will work alongside progressive lenders, lawyers, and conveyancers in the UK, starting with remortgages (launched late 2022) and followed by our sale and purchase solution (launching 2024). Through this collaboration, we can support our customers to achieve greater operational resilience and efficiencies, and set the new standard for how people remortgage, buy and sell houses.
PEXA and Optima Legal in Leeds
In September 2022, PEXA announced the acquisition of Optima Legal as part of its UK expansion.
Established in 1985, Optima Legal is an independent law firm headquartered in Leeds with over 37 years’ experience supporting the UK’s Banks and Building Societies across specialist property legal services. Optima Legal’s fees assisted remortgage service offers a fully digitised customer journey, where each customer can progress their remortgage via a channel and at a pace that suits their lifestyle.
The acquisition represents an exciting opportunity to facilitate the adoption of PEXA’s digital platform and its associated benefits for the UK market. By integrating PEXA’s UK platform into Optima Legal’s systems, PEXA will be able to demonstrate the benefits of its platform at scale.
In alignment with Optima Legal and our commitment to invest and grow in the UK, we’re delighted to have selected Leeds for our new UK headquarters. The city already boasts a strong financial services sector, and we consider it a key strategic location for PEXA and its spirit of innovation and collaboration that matches our business.
Where to find us
If you’d like more information, please email us at [email protected] or come to see us at the Law Society Property Law Conference in London on 10th October or Society of Licensed Conveyancers Annual Conference in Derby on 15th November.