Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

New Development Building Agreement - Contract Price

Options
  • 04-09-2023 7:57pm
    #1
    ReddererMist
    Registered Users Posts: 8 ✭


    Hi All,

    Buying in a new development, Phase 1. When I spoke to EA originally they gave me price of X. I have loan offer and have had valuation

    my solicitor received the Building agreement and the contract price stated in it is €20k less….

    Am I missing something really obvious? I’ve worked up VAT calculations etc but can’t reconcile the two numbers

    Questioning this with solicitor but in the meantime, if anyone has a reality check for me before I get excited about a unicorn house with a unicorn contract!!

    Thanks



Comments

  • Options
    #2
    Galwayhurl
    Registered Users Posts: 273 ✭✭Galwayhurl


    Think the balance is in relation to the land.


    I.e. Pay x amount for buildings and y amount for the land it's situated on.


    Similar in our contracts. We're also buying new build.


    Your solicitor should surely know this.



Advertisement