If your new lender does not require searches to be carried out, the actual remortgaging conveyancing process can be dealt with relatively quickly. You may find that the lender takes several weeks to deal with your application however, and you should make sure that you apply for the new loan in plenty of time if you are approaching the end of a discounted period, otherwise you could find yourself paying your lender’s standard variable rate which could be substantially more expensive. Lenders can be particularly slow to process applications if they have an especially attractive and popular offer.
You should also check whether your existing lender will impose any penalties if you redeem their loan before a certain date.
If there are no delays, you can generally expect to remortgage within two to three months.