Can you exchange and complete on the same day?
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We know waiting for completion day can be a pain, especially if you’re a part of a long property chain. It could take months before you get the keys.
Exchanging and completing on the same day is possible, but it takes serious coordination. More can go wrong as the turnaround time is so short.
You likely won’t know you’re going to be moving into your new home until the day. This can make planning for removals or securing temporary accommodation (if needed) tough.
Getting mortgage funds released quickly is another hurdle. Some lenders can do it on the day, but others might require 5 working days to complete the transfer.
While same-day exchange and completion are quite common, it’s risky and can become stressful.
For chain-free sales, it’s more doable but can still be a challenge. Sometimes simultaneous exchanges and completions are unavoidable, but we will always be as proactive as possible to make sure everything is aligned as it can be.
The conveyancing process has many moving parts. Allowing time between exchange and completion helps ensure they align properly.
We're committed to delivering the best.
We're an award-winning conveyancer that will always aim to deliver
the best possible service to our clients.
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