Completion is the day of the big move! Your solicitor will have arranged for any mortgage money to be ready to go, and all that is left to happen is for the balance of money to be paid from the buyer’s solicitor to the seller’s solicitor.
Historically, completion days were often on a Friday – but there is absolutely no reason for this other than convention.
Since exchange of contracts you will organised your removals company, arranged time off work, and perhaps sorted child care (if needed).
Once completion has taken place, your solicitor will give you a call to let you know that you can go to the estate agent and collect the keys to your new home!
There are some legal formalities for your solicitor to deal with after completion including: registering you as the new owner(s) at the Land Registry; paying any SDLT (Stamp Duty) on your behalf; and registering any mortgage with HMLR too on behalf of your mortgage lender. As a matter of convention, although the seller will have contracted the services of their estate agent directly (and not via their conveyancer), your property solicitor will generally pay the estate agent’s fee on your behalf on the day of completion.