What can you expect on the date of completion?

Year Published: 2019

On the completion date, the following will occur:

  • The purchase price is completely paid off to the seller’s conveyancer;
  • If there is a mortgage, the mortgage lender sends the mortgage money;
  • If you are the seller, your mortgage is paid off from the money received from the buyer’s solicitor;
  • When the monetary transaction is complete, the buyer collects the keys to the property from the estate agent (or seller directly, if no estate agent is used).

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