18/10/2026
🏡 EXCHANGE VS COMPLETION: WHAT’S THE DIFFERENCE? 🔑
Buying a home can come with plenty of unfamiliar terms, but exchange and completion are two of the most important dates to understand.
📄 Exchange of contracts
This is when contracts are formally exchanged between the buyer and seller. Once contracts are exchanged, the agreement becomes legally binding and your completion date is confirmed.
🔑 Completion
This is the big day! Completion is when the purchase money is transferred, the transaction is legally completed and you can collect the keys to your new home. 🎉
Think of it simply:
Exchange = legally committed
Completion = you get the keys! 🔑
Whether you’re buying, selling or navigating shared ownership conveyancing, having an experienced conveyancer by your side can make the process feel much less daunting.
At JM Conveyancing, we combine 30 years of experience with a friendly, jargon free approach, putting you and your move first.
👉 Need conveyancing support? Visit our website today to find out how JM Conveyancing can help. https://bit.ly/4wSfpW8