Hinckley & Rugby Building Society partners with property tech firm PEXA, launching an innovative remortgage service.
- PEXA’s advanced technology offers a quicker, more efficient remortgage process.
- Optima Legal supports with a fee-assisted, online case tracking for borrowers.
- The service is exclusive to clients via PMS Mortgage Club and Sesame Network.
- Executives highlight enhanced connectivity, efficiency, and client experience.
Hinckley & Rugby Building Society has initiated a strategic collaboration with PEXA, a property technology company, to revolutionise the remortgage process. This partnership promises a streamlined, faster service for borrowers.
PEXA’s cutting-edge technology plays a central role, aimed at expediting and simplifying the remortgage process. Optima Legal, PEXA’s conveyancing firm, offers fee-assisted services and an online case tracking portal, enabling borrowers to stay connected with their remortgage progress.
This service is being offered exclusively through PMS Mortgage Club and Sesame Network, both part of the Sesame Bankhall Group. This exclusivity is designed to enhance the overall client experience, offering a more transparent and integrated service journey.
Laura Sneddon of Hinckley & Rugby emphasised the firm’s commitment to improving customer journeys through appropriate technology. She expressed confidence that the collaboration would be welcomed by brokers who are looking for speed and transparency in service delivery.
Joe Pepper, CEO of PEXA, noted that the goal is to reduce friction in the remortgage process for lenders, borrowers, and brokers. By leveraging innovative technology and APIs, PEXA aims to improve connectivity and manage cases more efficiently.
Stephanie Charman from Sesame Bankhall Group expressed enthusiasm for the partnership, highlighting its potential to drive improvements and efficiencies for their members.
Hinckley & Rugby and PEXA’s partnership marks a significant step towards enhanced remortgage experiences through digital innovation.
