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Any tips on choosing a good & reasonably priced solicitor?

  • 22-02-2005 9:09pm
    #1
    JDxtra
    Registered Users, Registered Users 2 Posts: 5,965 ✭✭✭


    Hi,

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

    Regards,
    Jonathan.


Comments

  • #2
    Fr Dougal
    Registered Users, Registered Users 2 Posts: 412 ✭✭Fr Dougal


    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?


  • #3
    babaduck
    Registered Users, Registered Users 2 Posts: 488 ✭✭babaduck


    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!!!


  • #4
    therecklessone
    Registered Users, Registered Users 2 Posts: 17,213 ✭✭✭✭therecklessone


    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.


  • #5
    Victor
    Registered Users, Registered Users 2 Posts: 78,574 ✭✭✭✭Victor


    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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