Nottingham Building Society has chosen Smoove, conveyancing software provider and part of PEXA Group, as its partner for panel management services.
Through the partnership, Nottingham Building Society will benefit from Smoove’s lender panel management to streamlines the process and improve the Society’s risk management.
The news further cements the existing relationship between Nottingham Building Society and PEXA Group businesses, building on the existing partnership Optima Legal, the conveyancing firm also owned by PEXA, does for the lender with its 100% fees assisted mortgage service.
The new partnership follows a successful 2024 for Smoove in which it continued to provide assistance to property market stakeholders, enabling them to provide a seamless, professional and
Paul Saunders, director of lender services at Smoove, commented: “Our panel management service is designed to help lenders improve their risk profile and facilitate the transmission of documents to conveyancers securely through Smoove’s Connect Portal. Everything we do is aimed at making the property process better and more efficient for all and we look forward to delivering this vision for Nottingham and hope to keep building on our important work with them.”
Praven Subbramoney, chief lending officer at Nottingham Building Society, added: “We wanted to find a partner that helped us execute a much smoother, seamless process for our panel firms and brokers – our mission is always to deliver the best possible process for our borrowers. Smoove works closely with Optima Legal, who we already work with, so they were always an option, but the reality is we chose them because our visions for the property market align so closely. We have already seen the positive benefits and look forward to seeing what’s to come in 2025.”
