Hinckley & Rugby for Intermediaries has expanded its partnership with PEXA and Optima Legal by launching its fee-assisted remortgage service.

The partnership will allow brokers to access Hinckley & Rugby's fee-assisted remortgage service, delivered by Optima Legal and powered by PEXA’s technology.

Through an online case tracking portal, borrowers can stay informed about the progress of the remortgage, with the aim of enhancing transparency and confidence in the process.

The update comes following the initial adoption of the technology at the end of last year, and the firm is now extending broker access to this service to support smoother transactions and improved consumer outcomes.

PEXA is a provider of digital property exchange solutions. Since launching its remortgaging platform in 2022, the firm has expanded its capabilities to streamline property transactions by reducing manual processes, enhancing data connectivity and improving transaction certainty.

The firm has been a longstanding partner of Hinckley & Rugby, with the lender becoming one of the first to adopt PEXA Pay.

Head of mortgage sales and distribution at Hinckley & Rugby for Intermediaries, Laura Sneddon, said: "We understand the challenges brokers face when navigating the remortgage market, especially during peak periods.

"By expanding our remortgage proposition, in partnership with PEXA and Optima Legal, to the whole of market, we are offering a streamlined process ensuring their clients receive a faster, more transparent, and more reliable service. Our focus is on empowering brokers with the right tools to support their customers effectively, ensuring a more refined remortgage experience."

UK chief executive officer at PEXA, Joe Pepper, added: "The expansion of the remortgage service, in collaboration with Optima Legal, enhances connectivity between brokers, lenders, and borrowers by leveraging PEXA’s advanced digital infrastructure. This not only expedites key processes such as title checks and charge registration but also ensures greater certainty and efficiency in completions.

"Since launching our remortgaging platform in 2022, PEXA has continued to grow in the UK, helping lenders and law firms digitise property transactions at scale. Our strengthened partnership with Hinckley & Rugby demonstrates how digital transformation can deliver real-world improvements for brokers, lenders, and homeowners alike."

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