Buying a Property?
Buying a property is an exciting time, but can also be stressful if you engage the wrong Lawyer.
To make life easier, we’ll take the legal distress out of the picture. We have a dedicated team of specialist property lawyers who deal solely with property matters. When you contact us there will always be somebody to deal with your queries. Our property lawyers are never tied up with Court commitments and are easily contactable. Once you engage us to act, we provide a full comprehensive guide of what you can expect to happen. We have strong relationships with all banks, brokers, mortgage providers and auctioneers, which means at Mullins and Treacy, your property transaction will be smooth, fast and effective.
We pride ourselves on making your transaction run as smoothly and as stress free as possible.
Our friendly conveyancing team are here to answer any questions that you may have. Unlike some law firms, we believe the personal service we offer is better for you. You should be able to speak to your Lawyer each time you contact us so that any questions you have can be answered straight away.
Legal Aspects to Consider when Buying a Property
Legal advice on buying a residential property:
- The Property Buying Process
- Property Searches
- Legal Considerations
- Tax Issues
The Property Buying Process
The day on which you pay the money and move into the property is called the “completion date”. To enable you to make the financial arrangements and arrange for moving at some time before completion, a deal is struck whereby the price and date and the machinery of completion are agreed.
This is done formally by document and is called “exchange of contracts”. Until that date either party is free to withdraw from the transaction with impunity.
And please note:
- The seller is obliged only to take reasonable care of the property.
- You have to pay part of the purchase price to the sellers’ solicitors. This “deposit” will probably be forfeited if you fail for whatever reason to complete. It is therefore vital that before we exchange you are confident that you will complete.