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What does "transfer executed" mean?

consnmattsmom
consnmattsmom Posts: 308 Forumite
in Mortgages & endowments
Our solicitors have an online service where we can track the stage our house purchase and sale is at. On our sale it says that transfer executed today, what does it mean?

Also they have sent our contracts to sellers sols today. We are hoping to complete 23rd May so hoping to exchange soon.

Comments

  • Woby_Tide
    Woby_Tide Posts: 5,344 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    consnmattsmom wrote: »
    On our sale it says that transfer executed today.
    consnmattsmom wrote: »
    they have sent our contracts to sellers sols today.

    I'd imagine you've answered your own question
  • MegS
    MegS Posts: 234 Forumite
    Transfer executed just means the Transfer has been signed. The only reasons your contract would be sent to the sellers' solicitors would be if (1) the solicitor has approved it (agreed all the terms) and has sent it back to be signed by the sellers and (2) if it is your signed contract then you have exchanged with the completion date fixed. HTH
  • Dan_Collins_2
    Dan_Collins_2 Posts: 1,377 Forumite
    It means the transfer has been executed!

    Sorry in a silly mood!

    Ps. Why dont you call them and ask?? Oh I forgot we dont bother solicitors do we, they are soooo busy!
    :confused:
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