We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
When did you find out your completion date?
jd1000
Posts: 76 Forumite
Did you get your completion date when you exchanged, or after it?
0
Comments
-
You don't exchange until everyone in the chain has agreed a date - so you'll know before you exchange
0 -
From my understanding, most people organise the date of completion after exchange of contracts. I presume the contracts would need to be verified and filed first.
Having said that, when I went to see the property I'm purchasing last night with some trades workers about the survey, the vendor (who has been moved out for a while) asked "do I give you the keys now?"! Completion prior to exchange eh?!Please respond to mine and others' posts with courtesy and kindness- and I will not deliberately disrespect you. Down with the trolls!0 -
You agree a completion date before exchange of contracts.0
-
I'm in Scotland, and the last time I bought, I knew the Entry Date for the property I was buying when I had my offer accepted.
Standard practice up here is for an offer to specify the desired entry date as part of the offer, and, barring extreme circumstances, that's the date your solicitor transfers the money and you move in.0 -
As others have said it will be need to be arranged before you exchange.0
-
I stated when I wanted to complete on. When the contracts were exchange, the completion date was set.0
-
It's agreed by all parties before exchange0
-
AFAIK only newbuilds exchange without a completion date. They complete "on notice," once the building work has finished.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
-
We'd discussed our wishes with our solicitor prior to signing the contracts and they called us prior to exchange to confirm completion date that they had agreed with the other sol based on our needs + vendors needs.0
-
Completely wrong.From my understanding, most people organise the date of completion after exchange of contracts. I presume the contracts would need to be verified and filed first.
Exchange of contracts cannot be done until completion date is agreed (as it's part of exchange to agree that date so that measures can be taken if it doesn't happen ).
You may need to do a little more reading before you actually get to this point with the house you are buying...0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.4K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.4K Work, Benefits & Business
- 599.6K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards