Conveyancing and Property

Conveyancing and Property Solicitors

Buying your house will most likely be the most expensive purchase you ever make. Purchasing your home can be an amazing experience but it can also be complicated, particularly if you are buying your first house. That is why legal advice can save you both time and money.

Michael Monahan Solicitors Sligo know how crucial this transaction is to you. We will work to ensure that the legal issues do not ruin the excitement of buying your new home.

Our Solicitors Services for buying or selling your home include:

  • Sales and purchases of houses and apartments
  • Transfers of houses following relationship breakdown.   
  • Transfers of equity
  • Re-mortgages.
  • Gifts of Houses.
  • New home purchases and sales
  • Declarations of trusts

At Michael Monahan Solicitors, we pride ourselves on making your house sale or purchase as easy and stress free as possible. All you have to do is get in touch with us in our offices in Sligo at 071 912 9070 or contact us online and we will be happy to help.

What is conveyancing?

Conveyancing is the legal transfer of building (from the current home owner to the new house owner). How long it takes depends upon a number of things, such as the number of purchasers and sellers are involved in the process. Average time scale is 4-6 weeks.

A solicitor can assist you purchase your home by explaining the actions involved in buying your home and helping you to solve any legal concerns that might come up during the home purchasing process.

Do I need a solicitor when purchasing my home?

There are many legal issues that can take place when buying your house so can it be a risk to buy a home without legal aid from an experienced conveyancing solicitor.

Buying your home can be a very complex and time-consuming process, and there are a variety of documents that need to be filled out. Home mortgage banks and building societies typically require a conveyancing solicitor to perform the procedure.

Our experienced property solicitors will make conveyancing clear, basic and easy to understand.

For more information on how we can help you buy your home please phone our offices in Sligo at 071 912 9070 or contact us online.

Conveyancing Solicitors.

Picking the right property solicitor can help stop one of your most important purchases of your life from becoming a stressful experience.

Whether you buying your very first home or an experienced property investor, Michael Monahan Solicitors provide a friendly service from our skilled property experts.

We work to ensure that your property transaction runs efficiently and is completed on time. We handle all aspects of property conveyancing.

Our Conveyancing solicitors have had comprehensive experience in carrying out house sales and purchases, taking care of the very best interest of our customers and making sure that there are no hidden issues with your property purchase.

Why Choose Michael Monahan Solicitors when buying your home?

When buying your house, you will require a solicitor experienced in property law who knows all the problems that can emerge. Our Sligo based conveyancing solicitors know what questions to ask and advise you of any possible dangers. This means we can help you avoid future legal disagreements that could weaken the value of your home and avoid legal bills in the future.

For more information on how we can help you buy or sell your home please call our offices in Sligo at 071 912 9070 or contact us online.

Buying your first property FAQ

What are the first things we should look at when we are trying to buy our 1st home?

Whether a new one or 2nd hand you will need to save fair amount of money for a start .
If you purchase a 2nd hand property and deal with an auctioneer remember their job is to get the maximum price for their customer. That’s the seller not you.
Set a definite limit on what you can and can’t afford and be quite firm with the auctioneer as to your level of funding. Every situation is different. It may be a property is in demand in a particular area where the price will go beyond what is reasonable.

In other cases you have to look beyond the condition of the property to see what the potential is.

Better a bad house in a good area than a good house in a bad area.
The rules of house purchase have not changed. Location location location is the rule and the day you buy is the day you sell. Though you may think that you will be in a house forever circumstances can change career wise and health wise.

How much would the legal costs and outlays be in relation to any possible purchase?

How much would the legal costs and outlays be in relation to any possible purchase?

Answer: Again this depends on each particular property some properties are straightforward registered properties as part of housing estates. Some properties in built-up areas are unregistered property and some more time must be spent on ensuring the Title is in order.
Please use our conveyancing calculator on our website to give a quotation in relation any potential purchase you may consider.

Is it advisable to apply to a number of mortgage companies and banks rather to concentrate on one looking for finance?

Money is a commodity sold by financial institutions. For that reason depending on levels of competition you should apply to all who are offering loans. Yes it means completing 6 different applications providing 6 lots of documents to back up your application but you are looking at a potential relationship of 20 to 30 years therefore even 1/4% interest difference between 2 suppliers could save you a large sum of money over that time span. It pays to research the market well and make sensible decisions.

Brokers sometimes can assist but clarify who is paying their fees/ commission when you are dealing with them so they are totally transparent in relation to what they are advising you to do.

Finally all loans require life cover policy to be taken out. This is to cover if you die before the mortgage is paid off. Again you can shop around for the cheapest life policy .It is not necessary to take what is offered by the financial institution who are offering you funds.