Hinckley & Rugby for Intermediaries is expanding its partnership with PEXA and Optima Legal, launching its fee-assisted remortgage service to the whole of market.
All brokers will now have access to Hinckley & Rugby for Intermediaries’ 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 their remortgage Following its initial adoption at the end of last year, Hinckley & Rugby is now extending broker access to this service, supporting smoother transactions and improved consumer outcomes.
PEXA is a provider of digital property exchange solutions. It has been a long-standing partner of Hinckley & Rugby, with the lender becoming one of the first to adopt PEXA Pay – the active payment system designed specifically for property transactions.
In 2022, Hinckley & Rugby became the first UK lender to complete an entirely digital remortgage through PEXA’s platform.
Laura Sneddon (pictured), head of mortgage sales & distribution at Hinckley & Rugby for Intermediaries, said: “At Hinckley & Rugby, 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.”
Joe Pepper, UK CEO for PEXA, 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.”
Duncan Wadsworth, client director at Optima Legal, said: “We know brokers and borrowers are looking for greater certainty in the remortgage process, particularly with so many deals maturing in the coming months. Expanding this service to the whole of market ensures that more customers can benefit from a smoother, faster, and more transparent experience.
“At Optima Legal, we are committed to transforming remortgage services through best practice governance and operational excellence. This partnership supports our mission to provide lenders and brokers with scalable, compliant, and highly efficient solutions that improve both speed and customer outcomes.”
