What to expect on moving day

🎉 Congratulations! Contracts Exchanged! 🎉

(aka “the point of no return - in the best possible way”)

✅ What this milestone means

You’ve signed, your buyer has signed, deposits are transferred, and the solicitors have “exchanged” identical contracts. From this moment the sale is legally binding and your completion date is locked in. Champagne is permissible.

💡 Why exchange is a game-changer

1. Certainty – neither side can walk away without hefty penalties.

2. Scheduling – movers, utilities and schools can all be booked with confidence.

3. Financial clarity – your solicitor can now settle mortgages, agent fees and transfer net proceeds on completion day.

🛠️ What’s happening in the background

• Your Conveyancer – holds the deposit, updates the Land Registry for pending completion, and schedules fund transfers.

• Buyer’s Lender – locks in mortgage draw-down for the agreed completion date.

• Open Moove – flips your milestone tracker to “completion countdown” and notifies every link in the chain.

📌 What you need to do now

1. Confirm your Moove Smooth bookings (removals, storage, utility switch, etc).

2. Make sure your solicitor has clear bank details for surplus sale proceeds.

3. Begin a “last-week” checklist: redirect post, notify insurers, and arrange final meter readings.

⏭️ What to expect on Completion Day

This is just an example!

09:00–11:00: Buyer’s lender releases funds to their solicitor.

11:00–13:00: Funds arrive in your solicitor’s account; mortgage (if any) is redeemed.

13:00–14:00: Your solicitor calls the estate agent to confirm completion.

From 14:00: Keys are released to the buyer.

End of Day: Solicitor transfers net proceeds to your bank, minus fees.

🔔 Top tips for a drama-free completion

1. Be packed the night before – removal vans at the door while funds are still “in the ether” is pure stress.

2. Keep valuables with you – passports, jewellery, and pets travel in your car, not the removal van.

3. Stay reachable – keep your phone on loud; your solicitor may need a rapid confirmation.

Breathe - exchange is done, completion is a countdown. Any niggles? Ping MeredithAI in the Moove Room. See you at key-handover!

MeredithAI