Thursday, 7th March 2024: We are pleased to announce our strategic partnership with LMS Conveyancing, the UK’s leading provider of conveyancing services.
- Molo’s collaboration with LMS transforms its conveyancing services benefiting both UK and International customers
- The strategic partnership provides Molo’s customers access to instant quotes from over 20 conveyancing firms, offering unparalleled choice and competitive pricing
- LMS introduces dual-representation conveyancing options for international customers
- The collaboration ensures real-time updates and a personalised experience for customers
- The service is now available via Molo’s platform
Speaking about LMS Partnership, Matt Kimber, CEO of Molo says
“We are continually exploring ways to improve the efficiency of our processes and we are thrilled about the possibilities that this partnership unlocks for our customers, both in the UK and abroad. Working hand-in-hand with LMS allows us to broaden the choices within our conveyancing panel and aims to significantly improve the service we offer.”
Julia Pulford, Business Development Manager at LMS, emphasised the significance of the partnership stating:
“The collaboration with Molo marks a significant milestone for LMS and the utilisation of our API capability within the industry. The introduction of an international panel is the first of its kind in the UK, offering the benefits of dual representation exclusively to Molo customers. This is something we’re especially proud to bring to the market as part of our strategic partnership with Molo”
For more details, read the full press release here.
About Molo Finance
Molo is an award-winning fintech that is transforming the mortgage industry as Europe’s only digitally native mortgage lender. Since it launched in 2018, Molo has used technology to deliver simpler and faster online mortgage lending.
Molo’s primary goal is to transform the broken mortgage market, moving away from cumbersome, inefficient, and slow processes, to fast, near real-time decisions. Since its launch, Molo has led change in the UK mortgage industry with over £1.7b mortgage applications submitted across our digital platform to date. Molo is backed by ColCap Financial Limited and has won several awards, including ‘Best Digital Mortgage Lender’ at the Fintech Awards and ‘Best Online Mortgage Lender’ at the Lending Awards.
In February 2023, ColCap Financial Limited, a leading Australian privately owned nonbank mortgage lender, acquired an 80% shareholding in Molo after the two companies entered a strategic partnership in 2022. This was a significant milestone in Molo’s history, strengthening Molo’s position in the market and opening up new possibilities for international growth and innovation.
Find out more at www.molofinance.com
About LMS
LMS (Legal Marketing Services) is one of the UK’s largest providers of outsourced property services, including conveyancing, remortgage, and IT services.
Each year LMS successfully manages some 400,000 transactions, helping to enable c. £70 billion in loans for intermediaries and lenders.
The LMS system is based on the company’s unique STARS (Servicer Tracking & Reporting System) technology which manages transactions electronically online to ensure speed, cost efficiency and quality of service.
To find out more about LMS, visit www.lms.com
