The moment your property purchase is finalised is called ‘completion’, and usually comes a week or two after exchange. Your mortgage lender and solicitor will transfer the outstanding balance to the seller’s solicitor.
When the money has cleared their account, your solicitor will be in touch with you and us or the agent you are buying through will be told that they can release the keys to you. This is the legal point when the property is actually in your ownership (or in your care until you have paid the mortgage off!).
Congratulations. You’ll still have a lot of work to do to unload your belongings but this is the point at which you get to open the champagne, or make a nice cuppa, if that’s more your style!
Don’t forget to read those meters once you have entered and if things change and you need to move, don’t forget to call us as we’d love to have the chance to market.