What is a date of entry?

What is a date of entry? The date of entry is the point at which the keys to the property are handed over to the new buyers. Ownership and risk pass from the seller to the purchaser on the date of entry. On the date of entry the purchaser’s solicitor will send the funds to the seller’s solicitor who will carry out any final checks and settle the transaction on their client’s behalf. The seller’s solicitor will make arrangements to discharge and repay any existing mortgage and pay out the sale p