We've partnered with Smoove to drive efficiency at front end of mortgage process

Smoove, a leading software provider in the conveyancing comparison space and a PEXA Group business, today announces that Nottingham Building Society has chosen it as its partner for panel management services.

Through the partnership, Nottingham Building Society, one of the UK’s largest mutual building societies, will benefit from Smoove’s lender panel management. The service streamlines the process for the lender, enhancing the overall customer experience, and improves the Society’s risk management.

The news further cements the existing relationship between Nottingham Building Society and PEXA Group businesses. The work builds on the existing partnership Optima Legal, the conveyancing firm also owned by PEXA, does for the lender with its 100% Fees Assisted Mortgage service.

With 175 years of history, Nottingham Building Society is England’s longest-standing mortgage and savings mutual. The organisation is on a mission to make home ownership accessible to everyone and to tackle the limitations of traditional finance, a Society that is representative of how people earn and save.

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, said: “We wanted to find a partner that helped us deliver 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.”