5. Post Completion
Although the purchasers will have already moved into the new property, their solicitor will still have important formalities to action. After completion has taken place, the seller’s solicitor will send to the purchaser’s solicitor the signed transfer, any original deeds, and any guarantees they may hold.
Once the purchaser’s solicitor receives the seller’s signed transfer, they will need to submit their application to HMLR to register the title in the purchaser’s name. They will also need to submit a property tax return form (England’s Stamp Duty Land Tax, Wales’ Land Transaction Tax). The purchaser’s solicitor will then have 30 days to submit the return, otherwise they will incur a penalty.