Скачать или смотреть Exchange of Contracts Explained: What It Really Means in a Property Sale

What is "exchange of contracts" and why is it such a big deal in the UK property buying and selling process?

In this quick and simple video, we break down what happens at the exchange of contracts stage in a property transaction. This is the point where the deal becomes legally binding, a deposit is paid, and both the buyer and seller are fully committed.

It’s important to note, exchange is not when you get the keys or transfer full payment. That happens later at completion.

Whether you're a first-time buyer, property investor or selling your home, understanding this step is essential.

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