We believe our success is worth sharing and that our proven technology will advance how Britons buy and sell homes.
While we have launched with technology providing remortgaging support for UK lenders, lawyers, and conveyancers in England and Wales, we’ll extend the platform’s capabilities in 2025 with the release of our sale and purchase solution.
PEXA is approved by the Financial Conduct Authority (FCA) to be an Authorised Payment Institution (API). This allows PEXA to act as a Third Party Managed Account (“TPMA”) provider to UK conveyancers for Sale & Purchase transactions.
Regulatory approval follows the significant investment PEXA has made, working with the industry to build a bespoke and compelling solution for the UK property market, including the development of PEXA Pay, the seventh net settlement payment scheme to clear through the Bank of England. This is designed specifically to facilitate seamless property transactions.
PEXA ensures compliance with all Data Protection Legislation and holds ISO 27001 certification for its Information Security Management System (ISMS). This certification demonstrates PEXA’s commitment to protecting information assets and managing security risks.
Additionally, PEXA has achieved SOC 2 Attestation, confirming effective controls for security, availability, and confidentiality. The SOC 2 Type II report further validates these controls. PEXA is also registered with the ICO (ZB100560).
We’re busy building relationships that will meet the needs of lenders and homeowners across the UK housing market. And because those needs are constantly changing, we’ll continue to work collaboratively to enhance our platform wherever we can.
Through this unique approach (backed by our research and experience), we’re answering the call to help UK lenders, lawyers and conveyancers shift towards cheaper, quicker, simpler, more reliable property transactions.
And this is only the beginning.
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