TIDMSMV

Smoove PLC

10 August 2022

RNS Reach

Smoove plc

(The "Group", or the "Company")

eConveyancer Update

New contracts further enhance reach

Smoove plc (AIM: SMV), the customer focused technology and services business aiming to revolutionise home moving and ownership, announces that eConveyancer has won a number of new contracts.

TMA Club

This partnership gives Directly Authorised (DA) brokers, who are members of TMA Club, which supports advisers to deliver the best and most suited advice to their customers, access to eConveyancer's platform and a panel of over 70 audited and benchmarked conveyancing firms.

The TMA Club will utilise other features on the eConveyancer platform including DigitalMove, which brings together key stakeholders in the homebuying and selling process in a digital journey that improves communication and reduces transaction times. Also included is Rapid Remortgage, which has been designed to make remortgaging just as quick and convenient as a product transfer.

Just Mortgages

Facilitated by Openwork Conveyancing, Just Mortgages will have access to the full breadth of the benefits offered by eConveyancer's feature rich platform.

Just Mortgages is one of the largest mortgage brokerages in the UK with more than 580 mortgage advisers working on either an employed or self-employed basis.

Wesleyan Financial Services

This agreement gives Wesleyan advisers access to eConveyancer's panel of more than 70 audited and benchmarked conveyancing firms through its platform.

Wesleyan Financial Services, which will also have access to the wider platform services, offers specialist advice for clients working as hospital doctors, dentists, GPs and teachers.

L&C Mortgages

The Company has also strengthened its partnership with online mortgage broker L&C Mortgages, launching a new software integration with the firm, using the eConveyancer platform to provide improved flexibility for the firm in managing its conveyancing relationships and capacity.

The integration will enable L&C to instruct approved conveyancers from eConveyancer's bespoke panel of audited and benchmarked conveyancing firms from within their existing systems.

Karen Rodrigues, Sales Director at eConveyancer, commented: "We are delighted with the succession of new client wins - highlighting the strength of our brand and proposition.

"Conveyancing is such an important part of the mortgage process and can play a crucial role in a client's experience, which is why we are continuing to invest in the ongoing development of eConveyancer and cutting edge services like DigitalMove and Rapid remortgage.

"We also take a rigorous approach to upholding the quality of the eConveyancer panel, which is closely monitored to ensure unwavering high standards. We are delighted with the growing traction and look forward to simplifying and speeding up the conveyancing process for a growing audience."

Enquiries:

 
Smoove plc                                         Via Walbrook PR 
 Jesper With-Fogstrup, CEO 
 Michael Cress, CFO 
 
Panmure Gordon (UK) Limited (NOMAD 
 and Broker) 
 Dominic Morley 
 Erik Anderson                                 +44 (0)20 7886 2500 
 
Walbrook PR Limited                  smoove@walbrookpr.com or Tel: 
 Tom Cooper/ Nick Rome                               020 7933 8780

About Smoove:

Smoove's (hellosmoove.com) mission is to revolutionise the home moving and owning process for everyone involved. The Company's cornerstone cloud-based platforms provide significant leverage for growth with strong, established client bases and routes to market - including mortgage brokers, conveyancers, estate agents and lenders.

eConveyancer (https://econveyancer.com/) is one of the leading distribution channels for conveyancing in the UK, bringing consumers and legal professionals together via comparison services, which provide solutions for home movers and the re-mortgage market.

The Company's growing digital focus including the DigitalMove platform, which has been absorbed into the eConveyancer offering and Smoove brand, is focused on supporting the whole home moving and ownership experience.

The Company's existing platforms have been designed with a view to adding services and reach and the Company is well placed to create exponential returns as functionality increases.

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August 10, 2022 02:00 ET (06:00 GMT)

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