Exchanging Contracts
- We will maintain close contact with you to arrange times to exchange and complete that suit you and all the other parties involved (through a chain if there is one)
- When contracts are exchanged, you and your seller become legally committed to the transaction and a date will be set for the legal completion to take place
- If you are taking a mortgage we will not normally exchange contracts before the formal mortgage offer is received
- It is important to remember that the day that the legal completion takes place is the day that you will actually move house
- Contracts are usually exchanged over the phone between the two parties' Lawyers then the signed contracts are sent by post
- We will then carry out any further searches required by your lender