Legal help concerning
Buying a Property is an exciting time, but can also be stressful if you engage the wrong Lawyer. Thankfully, we are here to take the legal distress out of the picture. We have a dedicated team of specialist property lawyers who deal solely with property matters. We’re here to help so, let’s get the process started. Get in touch today.
Solicitors serving Waterford, Kilkenny and Tipperary
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 advice on buying a residential property:
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:
In order to protect you and your lender, we are required to carry out searches on the property you are proposing to buy.
The time of buying a house is probably the time to re-consider your Will and Inheritance Tax issues generally. We have a dedicated team who can advise you on these matters and this could save you problems later on.
If, should you eventually sell the property, it has risen in value, you may have to pay Capital Gains Tax on the difference between what you receive for the property and what the property cost to acquire, improve and sell, after allowing for inflation. If the house is your main residence then no Capital Gains tax is chargeable at all, but you should bear in mind that you are only entitled to have one main residence.
For honest, expert and practical advice about Buying a Property, please get in touch with Mullins & Treacy LLP today on 051 391488. Alternatively, use can use our Personal Injury Enquiry Form or our Book a Call form and one of our team will get in touch at a time to suit you.
For honest, expert and practical advice about Buying a Property, please get in touch with Mullins & Treacy LLP today on 051 391488. Alternatively, use can use our Personal Injury Enquiry Form or our Book a Call form and one of our team will get in touch at a time to suit you.
Solicitors serving you in your time of need
“The staff at Mullins and Treacy are very professional, efficient and responsive. We found them excellent to deal with and they looked after us extremely well in relation to the sale of our old home and purchase of our new house. We were delighted with how smoothly the whole process went and would certainly recommend the firm to friends and wouldn’t hesitate to return to the firm for any future business.”
“Recently had Mullins & Treacy LLP Solicitors look after the purchase of a property for me. First class service from start to finish, very responsive and always on hand with great advice.”
“Absolutely excellent service from Mullins and Treacy Solicitors, who helped me deal with a rather complex and stressful first purchase of a property due to the Covid-19 uncertainties. Their staff very professional and accessible from start to finish always on hand with any queries I had or updates regarding the purchase.”
Yes. In Ireland, a solicitor is required to handle the legal aspects of a property purchase. At Mullins & Treacy LLP, our dedicated property team deals solely with property matters, ensuring your transaction is smooth, fast and effective.
Exchange of contracts is the formal stage where the purchase price, completion date, and terms are agreed in writing. Until this point, either party can withdraw from the transaction. Once contracts are exchanged, you are legally committed to the purchase.
To protect both you and your lender, your solicitor is required to carry out a series of searches on the property you are proposing to buy. These searches identify any legal issues, charges, or planning matters that could affect the property.
The time of buying a house is an important moment to reconsider your Will and Inheritance Tax position generally. Mullins & Treacy LLP has a dedicated team who can advise you on these matters at the same time as handling your property purchase.
If the property has risen in value by the time you sell, you may be liable for Capital Gains Tax on the gain. However, if the property is your main residence, no Capital Gains Tax is chargeable. You are only entitled to one main residence for this purpose.
Contact Mullins & Treacy LLP on 051 391488 for honest, expert and practical advice about buying a property in Waterford, Kilkenny or Tipperary. You can also book a callback or complete our property enquiry form on this page.
To get your property purchase underway contact Mullins & Treacy LLP today on 051 391488. Alternatively, use our call back form and one of our team will get in touch at a time that suits you.
To get your property purchase underway contact Mullins & Treacy LLP today on 051 391488. Alternatively, use our call back form and one of our team will get in touch at a time that suits you.
