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What happens on day of completion?

22 replies

SmileAndNod · 15/03/2018 05:28

I'm trying to work out if I need to take the day off work. Is there anything to sign? Or by that stage will the solicitors already have everything they need? Is completion day just the day that the mortgage funds are released? Can this happen at any point that day?

Clueless (old), apprehensive FTB here!

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athingthateveryoneneeds · 15/03/2018 05:44

Completion day was literally just waiting for the call. I heard from the solicitors at 10am that all funds were released and I was able to collect the keys from the agents about midday. I waited to collect them after the school run, so had time to leisurely pack our overnight bags and a few boxes. We were FTB and renting so didn't need to pack and move all in one day.

All the paperwork was signed previously so there was nothing more to do.

Littlejayx · 15/03/2018 05:55

It was a let down for me to be honest.

We were told that the house was completely ours and keys dropped off by 10. We took the day off to move in but the old owners didn’t leave until 7 as they were ‘saying goodbye to the house’ taking pictures and having drinks in the garden Angry. I was 8 months pregnant and setting up the bed at 10pm

SmileAndNod · 15/03/2018 06:33

Thank you. . Well as I can't take phone calls at work maybe a day off is in order Smile

We don't have to physically move in on day of completion and is a new build so hopefully no one will be hanging around taking pictures!

It does sound an awful anti climax after all the stress and worry!

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wowfudge · 15/03/2018 06:52

You need to go and check everything is as you expect it to be then OP. An anti-climax, the most expensive purchase you'll probably ever make Confused?

NoChella · 15/03/2018 07:01

I took the day off but DP didn't. Got the call at around 1pm from solicitors to say all money had gone through and could collect keys. Luckily for us we got on really well with the people selling and we'd gone round there the night before to collect the keys. We have them a bottle of wine and they showed us how everything worked. So glad we did this as the (PITA) estate agents phoned me at 5:30pm on moving day to kindly inform me that the keys were ready to pick up!! I laughed and said thanks but by that time we had built three beds and unpacked a suitcase!!

If you have the annual leave to take, have the day off OP. As a FTB it's an exciting day!! Congratulations and good luck with the move!

SmileAndNod · 15/03/2018 07:02

We will be dping that a few days before when we have a site visit wowfudge. I'm not sure what I thought would happen but I think I'm feeling a bit nervous after years if renting it all feels a bit strangeConfused

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SecondaryConfusion · 15/03/2018 07:14

You’d be better saving the day off for a day after completion so you can use it up unpack / sort stuff out in the new home. How long is the overlap with renting?

TammyWhyNot · 15/03/2018 07:17

“We were told that the house was completely ours and keys dropped off by 10. We took the day off to move in but the old owners didn’t leave until 7 as they were ‘saying goodbye to the house’ taking pictures and having drinks in the garden”

The previous owners had absolutely no business doing that and should have had themselves and all possessions out of the house and keys handed over on completion, usually about lunchtime.

Imagine if you had had a full van and a team of removal men? If people are still in situ call the. EA and your solicitor immediately!

Completion is more complicated if you are selling as well as buying. You have to have your house emptied and ready for Vacant Posession by the agreed time, so there is a period where all your stuff is in a van and you are on your way to collect your new keys, because completion on all houses in a chain takes place simultaneously.

Creasey31 · 15/03/2018 07:20

We did new build, went up on my lunch break at 1, had a brief walkthrough of the house with the agent. Got the keys. Went back to work and then after work moved just the beds and a few bits in. Then sorted it at weekend. All new build moves on my estate are done on a Friday and as long as no problems with money should be done by lunch time so maybe take half day unless you have to pack etc.

eurochick · 15/03/2018 07:37

Little they had no right to do that. The purchase contract should have had a time in it. It's often early to mid afternoon. At that point the house is yours. Physically getting them to shift might be another matter (I've had this issue) but you can make very clear that they are in your house after this point.

Bluntness100 · 15/03/2018 07:50

I wouldn't take a day off for completion either. Ask the solicitor to text you if you can't take calls, or you slip out and call him, or have your husband do it.

All it is is, yes it's done you can collect the keys. You should agree a time for the keys to be dropped to the agent ie twelve noon.

Effectively once it completes the previous owners have no right to be there and are uninsured. They are at that point alone in your home or you are in someone else's.

Bluntness100 · 15/03/2018 07:56

Oops sorry new build!

SmileAndNod · 15/03/2018 08:04

Only 2 days overlap with the property we're in. Though we're renting through friends and they've already said they'd be flexible - we can stay here as long as needed, have a rolling contract. I would like to be able to come back and clean through properly once we've emptied it.

I have leave over easter anyway as children off school so can do lots of unpacking etc then. Our tenancy on our last rental only ended 2 weeks ago so we still have lots in boxes.

I think beds up first and the rest will get done as and when we get to go shopping. Literally starting from scratch😮

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Littlejayx · 15/03/2018 08:16

It was horrendous. The old owners had left the house in a disgusting state too. I’m talking bath full of hairs and still wet muddy footprints all over the carpets.

I would love to know why you don’t have to pay for a deep clean of s house before you sell it/leave.

SmileAndNod · 15/03/2018 08:41

Yes because you do in a rental Hmm

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Feezles · 15/03/2018 09:57

It's much more chilled if you're an FTB, or you don't have to move in on completion date. Then you literally just wait around for a phone call. I would strongly suggest picking up the keys ASAP and going into the house to check for nasty surprises, even if you're not moving in that day - I've heard stories of gaining access to find all the lightbulbs and door handles had been taken!

If, on the other hand, you're in a chain and completing on both sale and purchase, it can be very fraught. Exhibit A - our most recent move. We completed on the sale at 10 am and moved out - only to hear from the solicitor that our purchase had stalled because the vendor (a property developer) had gone on holiday without signing a critical bit of paperwork, and unless something could be done to rectify that, we wouldn't be able to complete on the purchase that day. So we sat in the car, with all our belongings in a moving van, for 5 hours, technically homeless, wondering what the hell we were going to do, because it was the Friday before a bank holiday weekend, so if it wasn't sorted that day, it wasn't going to get sorted until the following week - and all we had with us was the kettle, some teabags and the clothes on our backs.

In the end, the estate agent managed to get the vendor on his mobile, and then with his consent the solicitors agreed that the selling solicitor could sign the paperwork on his behalf. We then got the keys, after 6 of the most stressful hours of my life.

Of course, had we failed to complete, we would have been entitled to both punitive interest payments and compensation for out of pocket expenses from the vendor - but at the time, that didn't feel like much of a silver lining!

thecatsthecats · 15/03/2018 10:04

Well, with chain completion and lots of people moving on the same day in and out, I guess it could be quite hard to coordinate deep cleans for every house.

I wouldn't take a day off for completion as long as you can pick up the keys. Ours didn't authorise key release until 4pm, and we were already all packed up (in a rental with a big overlap). I'd just have been twiddling my thumbs.

specialsubject · 15/03/2018 11:33

if you aren't moving in, don't waste a day's leave. Ask solicitor to leave a message confirming completion. With no-one to move out your only risk is that the house isn't actually ready.

you also need to know where the keys will be.

MaggieFS · 15/03/2018 14:15

If you don't have to move stuff in that day and it's a new build I wouldn't take a day off, save the leave. Do get in and check it's all ok ASAP e.g. after work that day though.

SmileAndNod · 15/03/2018 15:44

Yes thank you. We will be having a look a couple of days before and then we are planning on going later on completion day without children for a detailed look.

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PNGirl · 18/03/2018 10:00

In your situation you probably don't need a day off. If you are the top of a chain like we were, it's like Challenge Anneka. In our case, the bottom of the chain paid first thing, so the woman buying ours was on her way from Wales by 9am with all her worldly possessions, and we had the movers out and the house clean by 10am. I got the call to say we'd completed on our new build just as I pulled into our new drive at about 10.30. We drove past our old house later that day and she was just unlocking our old front door.

SmileAndNod · 18/03/2018 16:33

It would be special paid leave so I think we're both taking the day off, waiting for the money to go through and the phone call before we go and complete the handover.
Have lots of packing to be doing while we wait!

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