Settle Easy enters administration, conveyancing pipeline faces referral shock

Settle Easy, one of Australia’s larger technology-enabled conveyancing operators, has entered voluntary administration after anticipated financing reportedly failed to materialise, creating a live continuity issue for customers, brokers and property transaction counterparties with settlements in progress.

Sule Arnautovic of SALEA was appointed voluntary administrator on 21 May 2026. Arnautovic is now seeking to stabilise the business, preserve settlement services and engage with approximately 85 staff, while also dealing with critical suppliers and platform counterparties, including title search providers, government agencies and IT providers. Mortgage Professional Australia reported that Settle Easy was one of Australia’s largest conveyancing operators by settlements on the Property Exchange Australia (PEXA) platform.

The appointment places pressure on a business whose value is closely tied to referral relationships and embedded distribution channels. Settle Easy was founded in 2019 and built itself around simplifying the conveyancing process for buyers and sellers, including through partnerships with real estate and mortgage distribution groups. Its co-founder, Sam Almaliki, who is reported to hold a 33% stake in parent company Convex Holdings, said the administration was not the outcome shareholders or staff wanted, but that the company was working to support employees and customers.

Aussie Home Loans, one of Settle Easy’s key distribution partners, has paused all new conveyancing referrals to Settle Easy and moved to Bond Property Lawyers as a replacement conveyancing partner. Lendi, Aussie’s parent company, said it had been in contact with the administrators and that, based on information currently available, existing in-flight settlement matters were expected to continue progressing with minimal disruption. The referral pause is significant because Settle Easy’s business model depended on converting home loan, real estate and platform relationships into conveyancing work.

Settle Easy had also reportedly been expecting financing that did not arrive and had been in disagreement with some providers over pricing structures.