Remortgaging with Juno — how it works

Whether you’ve got a mortgage offer or you’re just doing your research, Juno makes remortgaging as simple as possible.

We also have guides to buying and selling.

How much will it cost?

To find out how much it’ll cost, get a quote — it takes seconds and you can sign up right away.

How long will it take?

According to Mojo (a mortgage broker), it typically takes 6 weeks to complete a remortgage. Juno’s average is faster, at 4 weeks.

Freehold and chain-free properties are usually faster than leaseholds and chains. (Houses are usually freehold, and flats are almost always leasehold).

My lender’s offering free legals. Should I take it?

Make sure you read the small print. Free legals are often not free(!) – you’ll get charged for ‘extras’ – and the service is usually better when you pay for it. If you’ve got at least a couple of months until you need to complete, free legals are still probably the cheapest option.

How conveyancing works

Here are the six steps to conveyancing when remortgaging.

📝 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.

📖 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.

📊 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.

🧾 4. Mortgage statements

If you’ve got a mortgage or loan secured on the property, we’ll get hold of repayment statements.

🏦 5. Mortgage offer

You’ll need an offer from your new letter, 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.

🎉 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.

What next?

Choose Juno for conveyancing that’s simpler, clearer and faster.