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Any tips on choosing a good & reasonably priced solicitor?

22-02-2005 10:09pm

#1

JDxtra

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Hi,

I’m looking at purchasing a property soon (in Leixlip). Any tips on choosing a good & reasonably priced solicitor?

Regards,
Jonathan.

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#2 22-02-2005 10:15pm

Fr Dougal

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I'm also purchasing a new house in north county dublin. I don't have a solicitor yet.

We just put the deposit on today. The sales agents reccomended a solicitor off their panel and said it would cost approx €1900 in solicitors fees.

Does this sound reasonable for a new property, value €240K?

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#3 23-02-2005 12:31am

babaduck

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A new home is the most straightforward of transactions - you're looking at an outlay of about €700 & the rest is professional fees & VAT. Some solicitors try to charge 1% of the price of the house - that's just thievery IMHO

Try to bargain them to a rate of outlay plus a fixed fee - €500 incl VAT would be my suggestion. The Credit Union have a deal for members on legals, as do Prima Finance if you need a mortgage.

Shop around, don't use the auctioneers solicitor unless they're giving you a sensational deal on the price and ask friends/family for recommendations. Some of the best "big firms" are ****e at conveyancing and hungry local solicitors can be your best bet.

I deal with them every day & have a list of goodies & baddies!!!

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#4 23-02-2005 12:38am

therecklessone

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babaduck wrote:

Try to bargain them to a rate of outlay plus a fixed fee - €500 incl VAT would be my suggestion. The Credit Union have a deal for members on legals, as do Prima Finance if you need a mortgage.

Credit Union deal

Also, if you get your mortgage through PrimaFinance they'll give you another €500 off the cost of the legal fees, so you pay €499+vat+outlay.

I used both, and on a €310,000 house (€285,000 mortgage) I paid €1778. Most of the outlay was accounted for by stamp duty on the mortgage (1% of mortgage if over €254,000, so I paid €285)and Land Registry fees of €725.

Hope that helps.

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#5 23-02-2005 2:17am

Victor

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Shop around and ask them what the costs would be under the various headings. If a local solicitor is doing a lot of the transactions on one estate, they might give you a good deal.

Take a look here to see what someone paid.

http://www.boards.ie/vbulletin/showthread.php?t=228016

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