Agree a transfer date your bank can meet

A transfer date depends on several parties working in sequence. If you are financing, the bank needs to complete its valuation, issue the final offer and prepare its payment arrangements. If the seller has a mortgage, their bank must also prepare the release. When a date is set before these steps are understood, it often has to move, and the change unsettles everyone involved, including the seller's own plans. Before you agree a date, ask your bank how long each remaining step usually takes, and ask the seller's side for their bank's timeline too. Add a buffer of a few working days, then confirm the date in writing with the seller, both banks and your agent. A date everyone can meet is worth more than an early one. Prepared by Masterpiece Property. AI-generated illustration, not a photograph of an actual property or project.