Firstly, a massive nod to Ciaran Mulqueen for his insightful book, *How to Buy a Home in Ireland*.
This book is the guide I wish I had penned myself! It’s packed with up-to-date, practical advice crucial for anyone looking to purchase property in Ireland, whether they are locals or moving here. With over two decades of experience in property transactions, it’s always beneficial to refresh our knowledge to better serve you as a buyer.
Included in Mulqueen’s book are vital resources like the Competition and Consumer Protection Commission (CCPC) Questionnaire and tips on selecting the right solicitor. To give you a clear idea of how we measure up, I’ve answered these questions below, allowing you to compare our services with others you might be considering.
1. How much do you charge for conveyancing?
There’s no one-size-fits-all answer in conveyancing since every property and its transaction are unique. Although, for a relatively straightforward process, expect legal fees between €1,500 – €2,000 plus VAT at 23%. This fee is in addition to various disbursements primarily composed of government levies.
2. What does the fee not cover?
The fee covers all the standard legal tasks from agreeing on a sale to key handover. It doesn’t include property inspections or negotiations over financial difficulties, which may incur additional costs.
3. Do you provide a fixed fee or an estimate?
Our website features a Conveyancing Cost Calculator, offering a detailed breakdown of all potential fees and taxes based on the property price. This quote stands firm barring any unforeseen complications.
4. Are there any additional fees for administrative costs?
No, our quoted fee includes all administrative costs related to the transaction.
5. Could the fee change and why?
Our fees are stable unless unexpected issues arise. Any changes in fees due to additional work will be communicated through a Section 150 letter, as required by law.
6. What’s your policy on no-sale, no-fee?
We generally do not charge if financing hasn’t commenced or if a cash buyer retracts before significant legal work. Charges apply only for the time spent on your file.
7. Will I be informed about any additional costs upfront?
Yes, any potential extra charges during the transaction will be promptly communicated to you in writing.
8. What is the maximum I could expect to pay?
The total cost largely depends on the specifics of your transaction. You will receive a comprehensive three-page quote detailing everything involved in your purchase.
9. Which parts of the process will you manage?
Our services cover everything from inspecting contracts and handling legal documentation to finalising your property’s registration and dealing with financial institutions.
10. What is the typical duration for the conveyancing process?
The process generally takes 4-6 weeks, depending on the efficiency of all parties involved and seasonal workloads.
11. How will you keep me updated?
With the use of emails, texts, and even Zoom calls, we ensure you’re kept in the loop throughout the transaction.
12. What needs to be done before closing?
Key actions include finalising your budget, securing life and property insurance, and transferring the necessary funds as detailed in our Conveyancing Cost Calculator.
13. Are you a registered member of the Incorporated Law Society of Ireland?
Absolutely, as required by law. Our registration ensures your protection and confidence in our services.
If you need further assistance or have more questions, please don’t hesitate to get in touch via email or through our website. We’re here to guide you through every step of your property journey!