Completion Statement

This is a financial statement sent from the buyers conveyancing solicitor to the buyer.

It is a breakdown of the amount of money already paid (deposit), the amount of money required to complete the property purchase and any other sums that have passed through the solicitor’s hands in relation to the purchase.

The completion statement will be sent soon after exchange of contracts, typically a week in advance of the completion date.

Gaynor Haliday, Legal researcher

Author:
Gaynor Haliday, Legal researcher