Legal jargon can just go over your head sometimes. So, have you ever wondered what the difference between exchange and completion is? 

Exchange
Or, exchange of contracts needs to happen before completion. Once the contracts have been signed and exchanged between each parties solicitor, it's legally binding. 

Completion
It's the date both parties agree to physically move and transfer the legal ownership of the home. In short, it's the happy ending! 

Did this answer your question?