How to find the best conveyancing solicitor in Cork for you?

How to find the best conveyancing solicitor in Cork for you

When buying and selling a home, you will need a conveyancing solicitor.

In simple terms, conveyancing is the legal transfer of a property from one owner to another. All admin work involved in the transaction is deemed part of conveyancing work.

From when the offer is accepted on a house to the moment the keys are in your hand, it’s an important process that must be done correctly.

If you are currently about to embark on a buying or selling transaction in Cork, you will need a conveyancing solicitor.

It is often time-consuming and complicated. One mistake will set you back and it can be difficult to get on track once more.

So how do you find the best conveyancing solicitor in Cork for you?

Find a solicitor you can work with.

When searching for the best conveyancing solicitor in Cork for you, make sure you feel you can work with them. You will be conversing, meeting and exchanging information for a long time, not clicking with the person on the other side of the desk will be problematic.

Listen to your gut

When you meet your preferred conveyancing solicitor in Cork, you will know immediately that the partnership is right. Listen to your gut and instinct – it’s a powerful tool.

Ask for recommendations

Always ask around when looking for the best conveyancing solicitor in Cork. Ask friends, family, colleagues and neighbours for their previous experiences with conveyancing solicitors. Knowing that a solicitor has completed the job adequately with previous clients is a major plus and will give you confidence in the overall conveyancing process.

Talk about costs

From the offset with any potential conveyancing solicitors in Cork, ask about money. Be transparent about your budget and needs and the solicitor will do the same for you. A firm will be as open as possible about any extra fees that may be incurred along the line and will set these prices down in writing.

If you are in need of a property conveyancing solicitor in Cork or have any questions or queries, contact Ronan Enright Solicitors on (021) 235 5443 or email info@ronanenright.com

First Time Buyer? Here is Why You Need a Property Solicitor

First-time buyer? Here is why you need a property solicitor

If you are planning on purchasing a home in the rebel county, then chances are, you will need a property solicitor in Cork.

Buying a home is one of life’s major decisions. Whether you are a first-time buyer, investing in property in Cork, or sizing up, it is rarely a straightforward process. There are many stages involve and often the number of legal requirements to be undertaken is unexpected.

From the beginning of the process, a property solicitor will work alongside you. His or her role is essential from the first step to the last.

So, what exactly is their role in the journey?

Conveyancing

Conveyancing is the legal term for transferring the deeds of a property and the paperwork involved in the actual transaction. It’s important to contact a conveyancing solicitor Cork as early as possible in the process as the fee for conveyancing includes introductory advice.

Once a selling price has been agreed between the seller and you (the buyer), the seller’s solicitor will draw up a contract which will then be sent to your solicitor. From there, he or she will draft a purchase deed and raise any queries.

Your property solicitor will then carry out checks to make sure the house is legitimate for purchase. These checks include a planning search, ensuring the property was built in accordance with regulations, that there are no outstanding mortgages or debts (e.g. bills) against the property, and many more assurances to help secure peace of mind before purchase.

Deed transferring

Following the sufficient checks being answered, your solicitor will draft a deed transferring title in the property to you. If the seller is happy with this, he or she will also sign it.

Next, your property solicitor (if applicable) will check whether capital gains tax (CGT) has been paid by the seller and calculate the amount of stamp duty to be paid to Revenue. He or she will also register ownership details with the Property Registration Authority (PRA).

Other matters with which a property solicitor can help

In addition to the above a solicitor Cork will also advise you in the following areas:

• If you can’t make loan repayments, what will happen?
• Should the house be purchased in one name or joint?
• The contents that will be left on the property
• Co-ownership agreements
• Estimating the total cost of the transaction

If you are looking for an experienced property solicitor in Cork, contact Ronan Enright by calling (021) 235 5443 or emailing info@ronanenright.com

How to Prepare to Buy Your New Home – General Advice from a Conveyancing Solicitor inCork

How to Prepare to Buy your New Home – General Advice from a Conveyancing Solicitor in Cork

Step 1 – Budgeting

  • With help from a mortgage advisor, you can determine how much you plan to invest in your ideal home.
  • You can review your personal savings, decide what type of property you would like, and get an idea of the location you wish to live in can enable you to plan the best route to getting your new home.
  • You may discover that your deposit amount ought to be several thousand more than you had envisioned at this stage. Having this information at the outset could save you unnecessary stress, wasted efforts, and anxiety in searching for your ideal property.

Step 2 – Apply for a Mortgage.

  • Engaging an independent mortgage broker as early as possible in the process will help to make the overall process smoother. Mortgage brokers are invaluable in their knowledge and understanding of lending criteria and current market conditions. They will guide you towards a realistic goal and advise you on steps to take to ensure you are more likely to be granted the loan you apply for.
  • At this stage, you should have an idea of market values in your desired location and its surrounding areas. Your advisor should be able to advise whether you need to save more prior to your application for pre-approval.
  • When your broker feels that you are mortgage-ready, you can apply to your lender. Your lender will give you a rough idea of a range of funding you can expect based on your personal finances.

Step 3 – Choosing your Location.

  • Finding your ideal location is worth putting time into. You should consider your social connections, family requirements, lifestyle, your budget, and the future potential for change while choosing your location.
  • You may find that you are compromised by what you can afford but with careful consideration, you might find that choosing a home outside of your ideal location may be better suited to your needs – ie a new development with mod cons outside of your ideal location may be more financially logical than a second-hand home with work needing to be carried out within your ideal location. It is worth weighing up these options.
  • Conventionally, it is wise to choose a house with the potential to sell, renovate or expand in the future. Although that may not seem relevant in the present, these are important factors to consider. A conveyancing solicitor Cork may have some insight into any potential issues in a particular location too. You can always ask them if they know of any structural issues within the area.

Step 4 – Hidden Costs

  • Becoming familiar with the additional costs of a conveyance strongly recommend. “Hidden Costs” consist of Stamp Duty, Land Registry Fees, Engineering Fees, Legal Fees, etc. These are all a part of buying a property and does not cover by your mortgage. A good conveyancing solicitor in Cork should always advise you of these costs prior to starting the conveyance process. If not, you should always ask.