After you and the seller have agreed on the offer for the house, you will need to get your solicitor to transfer the legal ownership of the property to you. You Solicitor will also need to survey the property to give a valuation to the band for assurance it’s worth lending against. At this point the exchange contracts will be ready for both parties to sign, at which point the seller is obligated to the sale. The final steps towards owning the house are discussing any small issues such as furniture removal. When the exchange contracts are signed and the money has been transferred, the sale will be complete.