If you’re buying a home and can’t wait to pop the champagne, you’ll have to put celebrations on hold until completion and exchange.
Before contracts are exchanged, the seller or buyer can pull out of the deal at any time.
You might already have booked the removals van and planned the décor for every room but you need to take a step back and make sure everything is in place before you go out buying paint.
A closer look at episode 8
On episode 8 of the Move iQ property podcast, co-host Chris Ducker, quizzes property expert, Phil Spencer, on what it really means to exchange and complete on a property.
You’ll learn what needs to happen before you can exchange and find out what you can do to help ensure the process runs as smoothly as possible.
Why should you listen?
Listen in to find out:
- What ‘exchange and completion’ actually means
- What happens between exchange and completion
- What to think about when it comes to building insurance
- Why you shouldn’t book a removal company until the exchange of contracts is complete
- How to prepare for exchange and completion
- What causes delays on completion and how to overcome them
- What happens on the day of completion
Listen to all of season 1
Thank you for listening to the Move iQ property podcast!
This is the last episode of season one of the Move iQ property podcast with your host Phil Spencer and co-host, Chris Ducker. We hope you enjoyed the show so far and are excited to join us for another season of the podcast very soon!
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We’re here help you through the property minefield
Buying a property can be tough – there’s no doubt about it. But, the right advice is key to helping things go as smoothly as possible.
We’ve got tips and tricks to help you every step of the way – from start to finish. When it comes to property, the more you know, the better!
Also, why not subscribe to our YouTube channel? Here you’ll find all Phil Spencer’s advice in video format – uploaded on a weekly basis!