This is one of the most common questions we get from first time buyers. The complexity of the transaction, the parties’ responsiveness, and any complications that come up during the procedure are some of the variables that might affect how long conveyancing takes in Ireland. In Ireland, the conveyancing process typically takes a few weeks to several months to complete.
Below is a general timeline for the various steps in buying a property:
- Pre-contract stage: At this stage, which usually lasts between two and four weeks, the parties involved negotiate the price of the property pay a booking deposit to an estate agent.
- Contracts: Contracts and documents, such as map planning, are sent to your solicitor. Your mortgage pack is also sent to your solicitor from your bank. Your solicitor will look through these and give you a detailed summary of these documents. At this stage, your solicitor will recommend you get a survey done on the property.
- Exchange of contracts: After your solicitor is satisfied everything is in order, you will sign contracts.
- Finalization: Although this can differ based on the requirements of the parties concerned, the completion date is often set for 2-4 weeks following the exchange of contracts.
- After completion: The ownership transfer will be recorded with the Land Registry (Property Registration Authority)
If you have any questions our specialized Conveyancing/ Buying and Selling Property team is here to help.
You can contact Mc Cormack Solicitors on
Email: info@carolmccormacksolicitors.ie
Phone: 071 9621846
www.carolmccormacksolicitors.ie
Disclaimer:
The contents of these pages are provided as an information guide only. While every effort is made in preparing material for publication no responsibility is accepted by or on behalf of McCormack Solicitors for any errors, omissions or misleading statements on these pages or any site to which these pages connect.
