Since surpassing 200,000 online property transactions earlier this year, Westpac has announced they are ‘open for business’ via PEXA Projects.
Together with the many benefits of settling online, PEXA Projects helps streamline the processes involved in the coordination and execution of settlements for multi-lot developments.
Westpac initially piloted the solution in August 2017, staying ahead of market initiatives and new technologies that help them best serve their customers.
Satisfied with the benefits experienced during the pilot, the Westpac group are now welcoming invitations for multi-lot transactions through PEXA Projects.
Westpac’s Sharon Cosgrove, Program Director of Strategy & Change - Home Ownership Services, speaks of the benefits: “PEXA Projects not only brings in process efficiencies by allowing us to create documents in bulk but also provides a single view for effectively monitoring the many settlements involved in large Property Development deals processed by our Business Banking Teams”.
PEXA Projects training in Concord
Westpac, known for its collaborative efforts within the e-Conveyancing network, was sure to highlight how this solution will benefit both their team and all involved:
David Healey, Relationship Manager – Westpac Business Banking Services, says “It was great to have Avina, Emily, and Nichola at Westpac Business Lending the other week. Our team members were really excited to see what PEXA Projects could deliver for them. We are really keen to use this functionality and make large, multi-lot transactions easier for all concerned.”
WBC Business Banking in Melbourne
Congratulations to Westpac for embracing this new technology – we’re glad to hear you’re reaping the rewards!
If Westpac is the Mortgagee on Title (MoT) for any of your multi-lot development matters, you can use the bulk-invite functionality in PEXA Projects to invite them as MoT to multiple Workspaces at the click of a button.
New to PEXA Projects? Contact your Account Manager or PEXA Direct Specialist for information on how to get started.
Warm regards, Avina
FI team, PEXA
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