How conveyancing works
Here are the six steps to conveyancing when remortgaging.
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📝 1. Sign up
The first thing is to tell us about you and the place you’re remortgaging, and do your ID checks. With Juno you can do all this online.
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📖 2. Land Registry records
We’ll obtain the Land Registry records for the property and check the details. This is an important step for your new mortgage lender — you know the property well, but for your new lender, it’s a new property.
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📊 3. Management pack
If your property has a service charge, you’ll need to ask your management company to provide a pack of information and documents to show that the property is properly managed. This is another check we run for your new lender.
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🧾 4. Mortgage statements
If you’ve got a mortgage or loan secured on the property, we’ll get hold of repayment statements.
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🏦 5. Mortgage offer
You’ll need an offer from your new lender, and they’ll often require a valuation survey too. We might need to ask you some questions to make sure you’ve met all the conditions in the offer, particularly if the property is owned by a company.
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🎉 6. Completion
When completion day arrives, we make sure we’ve received all the money, and after paying off any mortgages or loans, we transfer any money left over to you.