We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

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!

What time are keys ready on day of completion

We complete today - first time buyers buying a no chain property. What time should we get the keys at, solicitor is saying 2pm as stated in the contract - I thought it was lunch time?
«1

Comments

  • lisyloo
    lisyloo Posts: 30,094 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Keys won't be released until money it is confirmed that money has been paid.
    When we did it, the person with the keys (builder in this case) had to call the office who checked the money had come over.


    I don't think you'll get an exact time in advance as it's probably a manual checking process.
  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    2pm is kinda lunchtime, surely? They'll be released whenever completion happens. Bank transfers need to be done and solicitors need to make phone calls. Have patience.
  • hb2
    hb2 Posts: 1,399 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    You won't get the keys until the transaction is complete. Once your solicitor has told you that everything is done, you can go and get the keys ( as long as your vendors have made them available, ours didn't!).
    It's not difficult!
    'Wander' - to walk or move in a leisurely manner.
    'Wonder' - to feel curious.
  • Paully28
    Paully28 Posts: 291 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    Ours were released by the EA at just before lunchtime when they had confirmed that our money had been transferred to the seller and both solicitors were happy with the transaction.
  • Surrey_EA
    Surrey_EA Posts: 2,048 Forumite
    Tenth Anniversary 1,000 Posts
    2:00pm is lunchtime for some people!

    The time stated in the contract is usually 2:00pm.

    The money may clear earlier than this, but the vendors (if they're still occupying the property) may not have vacated. Or the money may arrive later.
  • bigisi
    bigisi Posts: 925 Forumite
    marcmc84 wrote: »
    I thought it was lunch time?

    What time is that, then?
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    It varies.
    In my case there was a long chain so money had to be passed by bank transfer from seller to seller.
    Keys were released at 5.45.


    Removals men were annoyed but used to this.
  • marcmc84
    marcmc84 Posts: 49 Forumite
    Fifth Anniversary 10 Posts Name Dropper Combo Breaker
    bigisi wrote: »
    What time is that, then?

    I class lunch time as 12pm :rotfl:
  • worried_jim
    worried_jim Posts: 11,631 Forumite
    10,000 Posts Combo Breaker
    marcmc84 wrote: »
    I class lunch time as 12pm :rotfl:

    3pm for me today.

    I remember getting the call from the E.A. inviting me to collect the keys approx mid day. There were presented on a velvet cushion! Putting YOUR keys in YOUR front door for the first time is an amazing milestone. OP enjoy the moment and congratulations and your first purchased property.
  • lena_halo
    lena_halo Posts: 164 Forumite
    Sixth Anniversary 100 Posts
    We got ours at 4pm after waiting two hours outside our new house, which was thankfully empty at that point!

    It takes as long as it takes for the money to proceed up the chain. Patience is key :D
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.8K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.