Return to the Mortgage Glossary Home to view explanations for all mortgage terms. What follows is the definition for the term Completion as it relates to mortgages in the UK. Completion Completion is the final stage in the purchase of the property. At the point of completion, the legal documentation is all completed and the mortgage provider has sent the mortgage funds to the purchaser's solicitor. Once the purchaser's solicitor forwards the moeny from the mortgage provider on to the seller's solicitor the transaction is deemed to be completed and the property now belongs to the purchaser Previous 10 terms < Charge Certificate < Charge < Capped Rate Mortgages < Capital and Interest Mortgage < Buildings Insurance < Building Society < Booking Fee and Arrangement Fee < Base Rate < Bankrupt < Arrears Next 10 terms Conditional Insurances  > Contract Race  > Conveyancing  > Conveyancing Fee  > County Court Judgements  > Credit File  > Default  > Deferred Interest Mortgage  > Discounted Mortgages  > Draw Down Facility  >