This legal document details your ownership or title to a property.
Delayed Completion Date
A completion usually takes place within 28 days but can occur any time after exchange of contracts. If this process takes longer than 28 days, it is regarded as delayed.
Money paid by the buyer upon exchange of contracts.
Upon the completion of a surveyor’s report, if the property is not worth the sum requested, the mortgage lender restricts the amount you can borrow on a property.