Contracts and Completion

  1. Review contract with conveyancer (A contract will be sent to you for signing, together with the Transfer, Mortgage Deed (where applicable) and any other required documents).
  2. Exchange contracts (Once you have exchanged contracts, both you and the seller are legally committed to the transaction and your deposit will be paid).
  3. Negotiate a completion date.
  4. Obtain building insurance.
  5. Completion and final steps (Your mortgage money is received by your conveyancer and purchase funds are transferred to the seller’s conveyancer, keys are then handed over to the estate agent, your conveyancer will submit the stamp duty land tax and they will register purchase and mortgage with the land registry).