Completion 

 1. On the day of completion the buyer receives the keys and the seller is obliged to move out.

2. On the day of completion the buyer also has to pay the balance of the price on the house (the agreed price minus the deposit which has already been paid), usually through its solicitor or conveyancer.

3. The seller’s deeds are now handed over to the buyer, and arrangements are made for any outstanding mortgages on the property to be paid off.

4. The parties may have to pay extra costs such as stamp duty, Land Registry fees and solicitor fees

5. The solicitors carry out final administration After completion the solicitor still has various details to tie up. Your solicitor will:

1. where relevant, inform your mortgage lender, life insurance company, and the freeholder that the sale has been completed
2. register the transfer of ownership at the Land Registry. They will then send the deeds to your mortgage lender who will keep them until you either sell the property or pay off your mortgage
   1.  pay the stamp duty
3. send you a statement of completion, including a summary of the financial transactions. If you have not already paid their fees, they will ask for these now.