Completion: it’s the end goal every buyer and seller is aiming for. This is the day when the conveyancing solicitors involved orchestrate the final phase. Once the seller’s solicitor confirms they are in receipt of the buyer’s mortgage funds, the new ownership of the property is ratified by the dating and transfer of the title deeds. It is only then that the keys to the property are released to the new owner.
The date of completion, however, can be a cause of concern for some sellers - especially if there are lots of people in a chain to accommodate. Here at Open Property Group, we help a number of movers who need greater control of when they complete. Our aim is to give sellers different options that best suit their predicament and in that respect, we let our customers choose their own completion timetable.
If you need to complete quickly
There are usually between two and four weeks between exchange and completion when involved in an open market transaction but we appreciate that this timeframe may be too long for some sellers. When you need to complete at speed, sellers can use our ‘sell house fast’ service. We can buy your house within 24 hours using this approach and can offer you a completion date in just seven working days.
If you need to delay completion
While many sellers want to complete as quickly as possible, Open Property Group understands that delaying completion is sometimes essential. If you’re selling and in a chain, stalling completion will not go down well with the others involved and may, in fact, be impossible or cause the chain to collapse. As there is no chain involved when you sell to Open Property Group, you tell us when you need to complete and we’ll work to your schedule.
If you don’t want to move out on completion day
If you have found a buyer, they will put pressure on you to move out of your property on the completion date and by 1pm, but it’s a myth that sellers must vacate on the same day. Open Property Group offers a delayed completion option giving the seller the luxury of time, or we can set up a rent-free license to occupy (if you live in the property). This allows sellers to stay in the property rent-free for an agreed timescale, until they are ready to move.
Control when you complete
You can learn about Open Property Group’s cash-buying process here. As professional property buyers with immediate funds to make a purchase, we offer the ultimate in completion flexibility – it’s a degree of control you won’t find on the High Street as we don’t let estate agents, solicitors or others in a chain call the shots.
Start with a cash offer
All our completions start with a free, no-obligation cash offer. In as little as seven working days your home will be sold and the proceeds will be in your bank account. Don’t forget – you tell us when you need to complete and we’ll put your chosen date in the diary
Watch the video below which explains more about selling your property fast or click here to continue reading this article