After all the enquiry forms and contracts have been signed and returned, this is the point at which it is time to exchange.
The buyer and the seller will agree a date for completion, i.e. the date that the seller will need to move out of the property. This is the stage at which the sale becomes legal and binding.
The date of moving will have been agreed by both parties.
On completion day the funds will be exchanged between solicitors and the keys should be left with the estate agent for collection by the buyer.