If you have successfully bidded on a property and agreed on a sale, it is important to instruct your solicitor early, so that you are fully aware of the process from the outset.

On agreeing a sale, a booking deposit is generally paid to an auctioneer. Following this, the contract for sale is sent by the vendor’s solicitor to your solicitor who will ensure that everything in respect of the title to the property is in order.

It is important that you are clear as to whether contents are included in the purchase price if you want certain contents included. These should be itemised precisely to avoid a situation where items you do not want are left on the property for you to dispose of.

You should engage with an architect or an engineer to carry out a full structural survey on the property. You should look out for obvious extensions built on the property.

A planning search should be carried out to ensure that nothing exists on the planning file in the Local Authority office which could in any way affect the value of the property in the future.

When your solicitor is satisfied with the title to the property, you may sign contracts and pay the balance of the 10% deposit. Once the contracts are signed by the vendor’s solicitor and returned to your solicitor, a binding contract exists. Depending on the agreement reached between the parties, the sale generally closes within a few weeks of contracts being signed. Your solicitor will liaise with your mortgage provider in respect of drawing down your mortgage.

Your solicitor can advise on the amount payable in respect of Stamp Duty and Property Registration Authority fees depending on the circumstances.

If you have any queries in relation to property transactions please do not hesitate to contact a member of our property department.

09 March 2015

    Gillian and all at Augustus Cullen Law, A million thanks for a great job done. Justice for our son at last!!

    Catherine, Liam & William

    Dear Michael, A great result was achieved because of your efforts and we were truly blessed to have you on our side.

    Kathleen, Medical Negligence Client

    Dear Joice…you are and have been very professional, sympathetic and dignified in all of your dealings with us and I put that down to one simple fact. You listened.

    James, Medical Negligence Client

    Geraldine, Thank you most sincerely for all your hard work and commitment to these children.

    Freda McKittrick, Head of Barnardos Beacon Guardian Ad Litem service

    Neil is an absolute gentleman to deal with – kind, tactful and very efficient. We could not praise him highly enough. He brought us through a horrible time.

    Sean, Medical Negligence Client

    Many thanks again for a job well done. We really appreciate all your hard work and practical advice.

    Corporate client in a commercial litigation matter

    Dear Jamie, You and your team in ACL were so professional, diligent and prompt. I have recommended you and the firm, and will continue to do so

    Lorraine McCarthy

    Gus Cullen and the firm’s approach to addressing the key issues was professional, yet personal, efficient yet attentive.

    BB

    The process is a difficult one and when you deal with people who are so professional and yet genuine/real people, it makes it so much easier... so thanks a million.

    Julie

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