Residential Property Conveyancing
Brian Larkin Solicitor offers guidance on the sale and purchase of residential property to contain the acquisition of sites, mortgages, re-financing, advising on co-ownership, lettings, Residential Tenancies Act, stamp duty and management businesses.
Purchasing a home is a thrilling thing but can also be nerve-racking. Brian Larkin Solicitor aim to make the buying process as easy as possible and the client is continuously intricate to the process.
When acquiring a house, the initial phase is to discuss the amount with the auctioneer. The client must pay a booking deposit to the auctioneer and that will reserve the house. This deposit is refundable, up until point of contract signing, if you decide not to go ahead with the purchase.
At the point of sale agreed, the auctioneer will notify the selling solicitor to send the draft contracts for sale with supporting documents including title, planning and building regulations documents to the purchasing solicitor for examination. If you are buying the house with a mortgage you must notify the bank who your solicitor is. The bank will then forward the loan offer and conditions of the loan offer to your solicitor. It is imperative that you review all of the loan conditions to guarantee that you comprehend them and that you can realise your duties under the loan.
Phases in a conveyancing purchase:
- Attendance and taking directions
- Inspection of Contracts for Sale title documents and planning permission
- Raising of pre-contract enquiries, counselling on title and contract
- Brian Larkin Solicitor counsel you on any problems
- We mediate with your bank regarding your mortgage, which we register as part of the whole property purchase process
- Appraise all facets of the property management business for you
- Drafting and completion of security and ancillary papers for completion
- Closing of purchase to include putting in place of searches
- Undertakings given to Bank to effect drawdown of loan facilities
- Completion of assurance documents
- Completion of Stamp Duty return with Revenue, payment of any stamp duty liability arising and obtaining Stamp Certificate
- Completion of Form 17 and lodging documents in the Land Registry to effect registration
- Completion of Certificate of Title and sending on relevant documents of title to the Bank as security as per term of loan agreement
Phases in a conveyancing sale
- Presence, taking directions and guidance given
- Gaining pertinent documents to title and ancillary closing papers
- Completion and forwarding of Contracts for Sale
- Replying to Demands on Title
- Drafting and implementation completion and execution of transfer and closing documentation
- Forwarding of all title documents to the purchaser’s solicitors
- Certifying explanations on searches furnished