Optima Legal
PEXA has acquired one of the UK’s largest conveyancers focused on remortgages, Optima Legal. The firm is a trusted and tech-enabled specialist property law firm that plays a critical role in enabling the UK’s remortgage market.
Enabling frictionless remortgages and faster property settlements.
Optima Legal is a conveyancer of choice for eight out of 10 major banks and lenders in the UK, and has more than 300 UK-based employees who deal with thousands of conveyancing transactions between them every day. The team is led by a group of experienced, specialist solicitors who are equipped to handle the most complex of mortgage transactions.
PEXA is investing heavily to implement new transformative technology, and we are excited to work closely with Optima Legal to deliver a seamless and efficient digital remortgaging process for customers and clients.
Optima Legal is one of the largest remortgage processing firms in the UK, with approximately 20% share1 of the remortgage market.
More on Optima Legal
Optima Legal is a high-volume remortgage processing firm headquartered in Leeds that provides legal services in the UK remortgage market. It is one of the largest mortgage processing firms in the UK and has direct relationships with six of the UK’s top eight lenders. Understand how PEXA continued its UK expansion through this acquisition.
1. Ordinary market share. PEXA Group annual report, 2023.