How we can help...

At Colm O’Cochlain & Co, we pride ourselves on providing an efficient and cost effective service for buyers and sellers. Our skilled team can advise you on all aspects of a sale and purchase including mortgaging and remortgaging. We know that buying or selling a house is both an exciting time and a stressful time in your life. With all of various decisions you need to make, your choice of solicitor shouldn’t be a stressful one. Traditionally, in order to get an idea of the most competitive price for the purchase or sale of your house, you needed to ring around all the solicitors in your area and compare the quotes received.

Our Costs

All in purchase price:
€3,175.00 – €3,400.00

includes legal fee of €1,750.00 + vat. outlays will vary depending on purchase price. legal fee applies to properties of €400k and less. legal fee applies to properties of €400k and less.

All in sale price:
€2,300.00 – €2,500.00

includes legal fee of €1,750.00 + vat. outlays will vary depending on property details. legal fee applies to properties of €400k and less.

House or Apartment sale or purchase:
landlord & tenant law
commercial conveyancing
please contact us for a competitive quote.

 

Buying a House Q&As

Below you will find all the information you need when buying a property. If you need more information please do feel free to contact us

You have paid your deposit, what happens next?

Once you have paid your deposit the Auctioneer will send a sales advice confirming the details of the purchase to the Vendor’s solicitor and your solicitor. The Vendors solicitor will draft Contracts (contracts specify the Purchase price, closing date, matters relating to title such as Planning ownership, taxes and the description of the property) and forward them to us.

What can delay this process?

Once we receive the sales advice we wait 7 days for the contracts to arrive. If we do not get them Jasmine in our office will chase them and email you with an update. Contracts can be delayed if the Vendor’s Solicitor is getting deeds from a Bank (this takes between 10 and 14 days normally) or if they are missing documents such as Certificates for an extension.

What happens when we get contracts?

Once we have contracts and your loan pack we read them and advise you about the property. We also raise queries with the Vendor’s solicitor regarding the title. We will send you a copy of our letter. We wait until we have the loan offer as we don’t want you to incur any cost in the event that your loan is declined.

What happens after you get the advice letter?

You make sure that you are happy with the advice given and we will chase replies to our queries. If we don’t get them within 7 days we chase the other solicitor. Once they reply and if the replies are ok, we call you to arrange an appointment to go through the contracts and sign them if appropriate.

What do you need when you sign?

You need to pay the balance of the 10% or 8% deposit on signing contracts and the cheque is payable to the Vendor’s solicitor. If you have not given us a copy of your driving licence or utility bills then please bring these in with you. We will go through the contracts and loan offer and if you are happy then you sign the contracts. We will also have a definite idea as to the closing date.

Are you committed once you sign?

Once you sign the contracts they are sent to the Vendor’s solicitor for signing. The contract is not binding until they (the Vendor’s) sign and return one copy.

When do you close and when do you pay?

Once we have a copy of the contract back and know the closing date, we will email you details of what balance is required to close. You also need to make sure that all the documents necessary to drawdown your loan cheque are with your mortgage provider. Once we have all the monies we will arrange to close. The Vendor’s solicitor send us all the Title documents and we transfer monies to them and carry out searches to make sure there are no last minute judgements against the property or Vendors. If everything is ok and you confirm that the house is vacant and cleared out we will release the monies and you can collect keys from the Auctioneer.

What happens after closing?

We arrange to stamp the deed and register the property. If you have a mortgage we send your deeds to the Bank. If you do not have a mortgage we will write to you to collect your deeds when they are registered.

We hope this answers some questions but if you have any more please call us. We are here to help you.

Selling a House Q&As

Below you will find all the information you need when selling a property. If you need more information please do feel free to contact us

You have put your property on the market what next?

Once the property has been placed on the market it’s a good idea to give your solicitor the deeds if you have them (so they can make sure they have what they need) or arrange to get the deeds from your mortgage provider. We will need an authority from you to go to your bank to get the deeds and we need you to sign and return it to us so we can request the deeds. It normally takes 10 days from the request and means that we will be ready to draft contracts once you go sale agreed. If you decide not to sell we will return them to you or your bank.

What happens once we go sale agreed?

Once the purchaser has paid a booking deposit to your Auctioneer, the Auctioneer will send us a sales advice and we will draft contracts and send them to the purchaser’s solicitor.

What can delay this process?

The purchasers solicitor will need the purchasers loan offer before proceeding. This takes at least two weeks from the deposit being paid. Once they have it they will read the contracts and raise queries. The purchasers may be selling another property and this could delay them signing contracts.

What happens when we get contracts back?

Once we have signed contracts back we will get you in to sign and exchange the contract with the purchaser. If you are buying on we look to liaise both the sale and purchase. We will look to agree a closing date but it may vary as even though agreed a purchaser may get delayed in drawing down funds or if there is a chain of purchases and sales this may further delay matters.

Are you committed once you sign?

Once the contract goes back you are bound to complete or risk being sued.

When do you close and when do you pay?

Once we have sent the contract back and know the closing date, we will email you details of what is required to close and a closing statement. LPT and Service charges need to be paid for the year and we get a reimbursement from the Purchaser for the period they will be in the house from. Once we have all the monies from the purchaser we will arrange to close. We send all the Title documents and the purchasers solicitor transfer monies to us and they carry out searches to make sure there are no last-minute judgements against the property or you. If everything is ok and you confirm that the house is vacant and cleared out the purchaser’s solicitor will release the monies and the purchaser can collect keys from the Auctioneer once we confirm the closing is complete.

What happens after closing?

Any mortgages against the property will be paid and we transfer the balance monies to you and send any other outstanding documents to the purchaser’s solicitor.

We hope this answers some questions but if you have any more please call us. We are here to help you.