Once your conveyancing solicitor has sorted out any issues and finished all the local area searches required a completion date will be agreed by all parties.
When the completion date comes around your solicitor will receive the money you’re owed from your buyer.
You will need to vacate your property and your solicitor will then send over the signed documents of ownership to your buyer’s solicitor. At this point, your solicitor will pay off any remaining mortgage you may have, cover any estate agent fees, and deduct their own payment. You will then receive the remaining balance.
Our FAQ and articles are correct at the time of writing.
These have been created for marketing purposes only and should not be considered as legal advice.