What does "transfer executed" mean?

Options
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
    First Post Combo Breaker First Anniversary
    Options
    On our sale it says that transfer executed today.
    they have sent our contracts to sellers sols today.

    I'd imagine you've answered your own question
  • MegS
    MegS Posts: 234 Forumite
    Options
    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
    Options
    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:
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 343.4K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.8K Spending & Discounts
  • 235.5K Work, Benefits & Business
  • 608.4K Mortgages, Homes & Bills
  • 173.2K Life & Family
  • 248.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards