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What is PEXA?

Property Exchange Australia (PEXA) is an electronic lodgement and network operator that operates an electronic settlement platform. You pay them a small fee for the service of hosting the settlement on their platform. Due to recent cascading law changes in a several states, settlements being complete on PEXA is now mandatory in states like Victoria, New South Wales and Western Australia.The benefits of using PEXA to complete the settlement though far outweighs the perceived added cost. In addition to the efficiency of instantaneous disbursement of funds electronically and the real time lodgement and registration of transfers, the fees associated with the registration of documents is also less than that of a paper lodgement. You can refer to the property and land titles website on fees and charges for further information: https://www.propertyandlandtitles.vic.gov.au/forms-guides-and-fees/fees

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Our Recent Reviews

Leonie Huddy Avatar
Leonie Huddy
11 Mar 2024
We used LEAD conveyancing to buy a new apartment and sell our existing property. They were a pleasure to work with. They communicated with us in a clear and timely manner via email. Obstacles were removed with alacrity. And all of our communications with staff were pleasant and efficient. I highly recommend their services.
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Michael Ciciulla Avatar
Michael Ciciulla
11 Mar 2024
Jessie and the team at Lead conveyancing were professional and extremely helpful throughout the pre settlement/ settlement period. They took care of everything while being transparent and upfront about any issues or concerns we might face through the process. I believe they were thorough in their due diligence and worked with us to ensure our contract was favourable and all conditions were met. Jessie was attentive and took all my calls when I had questions and was always helpful. While they may not be the cheapest option in the conveyancing space they are certainly worth it.
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Cheryl C Avatar
Cheryl C
11 Mar 2024
As a first home buyer, I wasn’t familiar with buying a house. Nicholas was always available to answer any questions I had. He was lovely to deal with.
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