Pexa has added sales and purchase functions to its existing remortgage option on its digital property exchange platform.
The move follows the completion of its first digital sale and purchase transaction with Hinckley & Rugby and Muve earlier this year.
The firm says: “Combining the capabilities of both solutions, Pexa can now facilitate 70% of all property transactions in the UK.”
The business is about to host a series of six UK roadshows to give conveyancers, lenders and other stakeholders a view of the upgraded platform.
This starts in Leeds on 9 September, and covers Manchester, Birmingham, Cardiff and Exeter before finishing in London on 23 September.
Pexa adds it has processed over £200m in UK remortgage transactions through its platform since the option was added in 2022. It hit its £100m milestone in January.
In January, the firm also began onboarding its first top ten UK lender, NatWest, onto the remortgage function. The bank expects to start transactions early next year.
Pexa UK chief executive Joe Pepper says: “Our agreement with NatWest was a critical juncture in our journey, and this is just the beginning.
“The success of the remortgage solution stands us in good stead as we broaden our offering to include sale and purchase, with our regional roadshows kicking off this week, launching the full Pexa platform to the UK, especially as there is increasing focus from the government on the market to address the issues and get itself moving to aid economic growth.”
