Your home buying or selling journey most likely starts online – with website searches, mortgage calculators and other online tools. So does the settlement of your property.
PEXA was created to streamline the property settlement process, making it fast, safe and more efficient. Used by the majority of all Australian financial institutions and +10,000 conveyancers and property lawyers nationally, we’re proud to help more than 20,000 families a week settle safely on their homes.
PEXA is the mostly likely platform your lawyer or conveyancer will use to transfer the ownership of a property in to or from your name. In the past property had to be exchanged manually using paper, PEXA’s digital technology revolutionised this process lessening the processing time and allowing your property to be settled sooner.
Your lawyer or conveyancer will manage your property sale or purchase in a digital PEXA workspace. As a buyer or seller, you can track your settlement using the free PEXA key app.
PEXA Key is a free app that brings you peace of mind at every step of your property settlement. The app protects property sellers and buyers against phishing and fraud (backed by our Secure Communications Guarantee) and features a moving checklist with a high-level guide on what happens during settlement. Ask your property lawyer or conveyancer to give you access today.
In a world of increasing fraud and phishing scams, PEXA Key offers a secure way to share and receive bank details with your lawyer or conveyancer, keeping your details and your settlement safe. Keeping your property settlement secure is our number one priority, which is why we have a number of features and guarantees in place to protect you in life’s biggest transaction.
Instead of phone, text or email which are vulnerable to errors and hacking attempts, PEXA Key delivers bank details directly to and from your lawyer or conveyancer’s PEXA workspace. All information sent using PEXA Key is protected by secure digital encryption.
PEXA Key is backed by a Secure Communication Guarantee that provides protection to buyers and sellers to ensure secure communication of bank account details between buyer, seller and conveyancer.
The app features helpful articles and tips on what each stage of the settlement process means, plus checklists to help you take care of everything.
PEXA also offers a Residential Seller Guarantee (PRSG), which provides protection to sellers in the event of certain kinds of fraud. Where the PRSG applies, the seller has the option to make a claim against PEXA, rather than seeking to recover the loss by an alternative means