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Increase customer satisfaction by transacting electronically

About e-Conveyancing

What is e-Conveyancing? 

e-Conveyancing digitalises the manual processes and paperwork associated with property exchange by enabling financial institutions, lawyers and conveyancers and others to transact together online.

It improves efficiency and transparency by enabling property settlements to be completed electronically with pre-populated data, real-time lodgement and streamlined processes.

The origins of e-Conveyancing

e-Conveyancing is an initiative championed by the property industry to simplify and digitise the complex process of property exchange. Instigated by the Council of Australian Governments (COAG), it’s built around an online network of members supported by PEXA.

To ensure the integrity of the network, the Australian Registrars’ National Electronic Conveyancing Council (ARNECC) has developed a regulatory framework, under which PEXA operates. Industry safeguards include the Participation Agreement, Verification of Identity (VOI) and Digital Certificates.

e-Conveyancing is currently live in five states and is a collaboration between many industry participants, including financial institutions, Land Registries and the Reserve Bank of Australia (RBA).

Digital Transformation

PEXA is committed to supporting the property industry as it transitions towards a 100% digital future. Land Use Victoria and Landgate’s reforms requiring certain land registry instruments to be lodged electronically from 1 August 2016, marked the first phase of digital transformation for property instruments nationally. Our dedicated team is committed to working with all organisations to assist with the implementation of online conveyancing transactions.

  1. Land Registy Services (LRS) New South Wales is following Land Use Victoria and Landgate’s lead and bringing further property transactions online. 

    From 1 July 2019, Authorised Deposit-taking Institutions (ADI) or their Representatives are required to lodge all combinations of discharge, transfer and mortgage in PEXA. If you need to lodge electronically in New South Wales, you can learn more below, or contact our dedicated Support Centre for assistance. 

    The LRS changes are available here.

  2. To realise the full benefits of e-lodgment the Registrar, in consultation with the property industry, requires certain Instruments to be lodged electronically, with the aim of 100% e-lodgment at the Land Registry.

    The latest version of the Registrar’s Requirements for Paper Conveyancing Transactions stipulates that all Instruments available in an ELN from 1 August 2019, must be lodged using an ELN.

    You can learn more here, or contact our dedicated Support Centre for assistance. 

  3. As of 1 December 2018, all new eligible, stand-alone transfers, caveats and withdrawal of caveats and any lodgement case consisting of eligible discharges, transfers, mortgages, caveats and withdrawal of caveats must be lodged electronically.

    You can learn more here, or contact our dedicated Support Centre for assistance

  4. As of 12 February 2018, standalone discharges of mortgages, mortgages and refinances are required to be lodged electronically as mandated by Land Services SA.

    You can learn more here, or contact our dedicated Support Centre for assistance.

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    Speed

    Real-time lodgement of Land Registry documents.

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    Accuracy

    Pre-lodgement verification and direct access to Land Registry data.

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    Visibility

    Tracking of all parties’ progress through each stage of the transaction.

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    Convenience

    Geographical barriers removed with settlement completed online.

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    Efficiency

    Online completion of settlement and fast access to proceeds of sale.

Electronic Transactions

Lodgement only

  • Mortgage and Discharge of Mortgage

    Mortgage and Discharge of Mortgage

    Lodge your mortgage or discharge of mortgage in real-time.

  • Lodgement and Withdrawal of Caveat

    Lodgement and Withdrawal of Caveat

    Electronically lodge or withdraw caveats efficiently and in real time.

Lodgement and Financial Settlement

  • Refinances

    Refinances

    Complete refinances within 15 days, with instant lodgement and financial settlement.

  • Transfers

    Transfers

    Lodge and settle electronically - no need to physically attend settlement.

  • Linked Settlements

    Linked Settlements

    Ability to easily complete Linked Settlements electronically.

Network Members

Thousands of members ready to transact

PEXA continues to grow, with members including many financial institutions, including the four major banks and over 8,800 lawyers and conveyancers. PEXA has activated 150+ financial institutions and panel firms.

Hear from your network

Martyn Norman, Head of Lending at Bank Australia describes his experiences with e-Conveyancing.

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    Watch Martyn's story

    Hear from Martyn Norman, Head of Lending at Bank Australia.

Help & Community

Keep up to date with the network

Visit the e-Conveyancing Community to read the latest industry agreed refinance and transfer guidelines, the latest announcments and new features in PEXA, and to follow discussion threads between members of the PEXA network.

Visit the Community 

Pricing

How much does it cost?

PEXA-registered financial institutions pay only per successful transaction. PEXA does not charge up-front registration fees or ongoing subscription fees.

Charges are based on the type of transaction (e.g. mortgage, discharge of mortgage). This fee is separate from the statutory lodgement fees, which are set by each jurisdiction’s Land Registry.

For security, PEXA uses Digital Certificates to encrypt the data of documents signed online. This maintains the security of the network. When you register, you’ll receive your first Digital Certificate free of charge. The price of additional Digital Certificates can be found on our Pricing page.

Pricing 2021 - Conveyancing Transactions - Financial Institutions
Mortgage Processing Single Title Multiple Title *
Lodgement of Mortgage $43.78 $60.61
Discharge Mortgage $21.12 $33.44
Discharge with Financial Settlement $43.12 $55.22
Mortgage with Caveat Withdrawal $43.78 $60.61
Mortgage with Financial Settlement $58.41 $75.24

*Related to multiple titles on the same registry instrument.

Click through to view the full pricing schedule and further pricing information. 

View Pricing

Operating Models

Flexibility to suit your current and future needs

PEXA currently has two different operating models available for financial institutions.

Principal Subscriber
You can perform your own transactions and/or use panel Representative Subscribers (lawyers and conveyancers) to act on your behalf. You may also use a third-party processor (sub-contractor) to act on your behalf.

In order to be eligible to be a Principal Subscriber, you will need to meet the Eligibility Criteria in the Model Participation Rules. This includes the Insurance Rules which set out requirements in relation to insurance. ADIs are deemed to comply with the insurance requirements, while non- ADIs are required to hold the prescribed insurance. 

Non-Transacting Panel Master
Financial institutions who utilise this model do not need to meet the Eligibility Criteria in the Model Participation Rules. 

Representative Subscribers (lawyers and/or conveyancers) act on your behalf. You will not be able to perform your own transactions, however you will be visible on the PEXA network.

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PEXA caters for three different lender types.

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    Authorised Deposit taking Institutions (ADI)

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    Non-ADIs

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    Mortgage Managers

Events

Throughout the year PEXA presents at a number of events across the country including those run by the ABA, COBA and AB+F.

PEXA is often asked to speak on digital innovations within the banking & finance and property sectors and welcomes your attendance at these sessions.

Hear from PEXA and your peers on how e-Conveyancing is creating digital efficiencies across the entire property settlement process.

View Events

Sign up with PEXA

Starting with PEXA

PEXA’s dedicated Financial Services Team is here to support you in the transition to electronic property transactions. Register your interest in joining the e-Conveyancing network and a member of the team will contact you and walk you through the process.

Email PEXA

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    Commercial readiness

    Building your business case and completing paperwork.

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    Operational readiness

    Understanding your processes and integrating with PEXA.

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    Technical readiness

    Setting up user groups and sourcing funding solutions.