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The Completion Process: What to Expect – A Comprehensive Guide by Pilkington Estates

The home buying process can be an exciting yet daunting journey, especially when it comes to the completion process. As a leading UK-based estate agent, Pilkington Estates is here to demystify the completion process and guide you through what to expect.

The completion process, also known as conveyancing, is the final step in the home buying journey. It’s the point where the ownership of the property is legally transferred from the seller to the buyer. This process can be complex, but with the right guidance and understanding, it can be navigated smoothly.

Understanding the Completion Process

The completion process begins once an offer on a property has been accepted. The buyer’s solicitor or conveyancer will then start the necessary legal work, which includes:

  • Conducting searches on the property to check for any potential problems, such as planning restrictions or environmental issues.
  • Reviewing the contract prepared by the seller’s solicitor to make sure that it’s in the buyer’s best interests.
  • Arranging for the transfer of funds from the buyer’s bank account to the seller’s bank account.

During this time, the buyer should also arrange for a survey to identify any potential issues with the property. This survey can influence the final price of the property or even the decision to proceed with the purchase.

Exchange of Contracts

Once all the legal work is completed, and both parties are satisfied, the next step is the exchange of contracts. This is when the buyer and seller sign the final paperwork, which legally binds them to the sale. The buyer will also typically pay a holding deposit, usually around 10% of the purchase price.

Completion Day

Completion day is the big day! This is when the remaining balance of the purchase price is transferred from the buyer’s solicitor to the seller’s solicitor. Once the funds are received, the seller’s solicitor will confirm that the set of keys can be released to the new owner. This is the day when the buyer officially becomes the homeowner.


After completion, the buyer’s solicitor will register the new owner with the HM Land Registry. They will also ensure that the seller has paid any outstanding mortgage on the property.

Navigating the Completion Process with Pilkington Estates

At Pilkington Estates, we understand that the completion process can be overwhelming. That’s why we’re committed to providing our clients with the support and guidance they need every step of the way. Our experienced team of professionals are always ready to answer any questions and address any concerns you may have.

We believe that buying a home should be an exciting and rewarding experience. With Pilkington Estates, you can rest assured that you’re in capable hands. We’re not just here to sell houses; we’re here to help you find your dream home and make the process as seamless as possible.

Are you ready to embark on your home buying journey? Trust Pilkington Estates to guide you through the completion process and beyond. Contact us today to find out how we can make your home buying experience a smooth and enjoyable one. Remember, at Pilkington Estates, your dream home is our mission.

In conclusion, the completion process is a crucial part of the home buying journey. It requires careful navigation and understanding. With the right guidance and support, it can be a smooth and rewarding experience. Trust Pilkington Estates to be your guide in this journey. We’re more than just a estate agent; we’re your partner in making your dream home a reality.

Here are some additional things to keep in mind during the completion process:

  • Makeup sure you have all the necessary paperwork, such as your proof of identity, proof of address, and mortgage documents.
  • Be prepared to answer any questions your solicitor may have.
  • Have a plan for what you’re going to do with your old home.
  • Be patient and don’t hesitate to ask for help if you need it.

The completion process can be a bit daunting, but it’s important to remember that it’s a necessary step in the home buying journey. With the right guidance and support, you can make it through the process smoothly and get on with enjoying your new home.

I hope this is helpful!