Getting Your Legals Sorted
When do you need a solicitor?
When you have had your offer accepted and have it valued you will need to get a property solicitor also known as a conveyancer on board.
Although technically you only need them when the property has been valued and you are due to receive your loan offer, it’s best to sign one up early so it doesn’t delay the process.
How much does a solicitor cost?
For a new property after totting up registration fees etc.. usual costs come in around €3,000 all in. Solicitors can charge all inclusive once off, excluding fees and even by the hour, so it’s important that you make sure you compare charges like for like.
The fee is usually only due when the mortgage completes, but only some solicitors will waive their fee if the transaction doesn’t complete. If possible get a solicitor who will do an all inclusive fixed price deal and will waive their charges to protect yourself from any surprises.
Why do you need a solicitor?
Under the law you must have legal advice when completing a property transaction and signing up to a mortgage. Your solicitor will walk you through the loan conditions and answer any questions you have, as well as conducting due diligence on your property.
How do I get a solicitor?
Traditionally you would talk to your local solicitor, if you do it’s important that you get someone who regularly does conveyancing. Technically any solicitor is able to do this, but an experienced conveyancer can weeks off your time to completion and reduce the chance of something going wrong.
Recently online nationwide conveyancing has become available, giving everyone access to better, faster and lower cost legal options, with an all-in price of just €2,400.
You can book an introductory meeting with our recommended online conveyancer here.