Currently buying/selling a house? How is it going? READ MOD NOTE POST #1

Drimnagh is awful for asking price vs selling price. Everything is minimum 70K over asking.

Tbf, that's what changes an area that has had issues. Good home owners who understand civic responsibility.

Hi everyone,

We are about to close on a new build. I'm not sure how to proceed regards snagging etc.

When I google it, most advice says just snagging for small cosmetic stuff is required. Or do most people who purchase a new build get a structural engineer review done to make sure all the major stuff is up to scratch?

Any help kindly appreciated.

Get a professional snagger to do atleast 2 rounds of snags, someone who has good reputation and has done similar house types as yours within the same estate. Issues like floor level, door alignments, paint finish, locks/switches not working. There would be good bit of issues which will come out which other wise we would miss out even the cosmetic stuff. Can recommend one if based in Dublin

Hi all, how long does an estate agent normally wait for a chain to be completed before they move onto the next interested buyer (with no chain)

My partner and I are trying to buy a new build. We're AIP and have all our ducks in a row too.

The estate agent informed us that there was someone ahead of us and they were waiting for them to sell their previous house first.

They were given until the end of this month but, it looks like they've been given more time.

Is there any hope in waiting to hear back from them?

Went Sale Agreed on a house we're buying at the end of Feb. The whole process since has been relatively straight forward until now: Mortgage Protection.

Applied with Zurich and while I was accepted for cover, my wife was not. She has a congenital issue with her liver but is not considered medically high-risk. A letter from her consultant confirms as much; stated that it's benign, no symptoms in over two years, nothing to worry about etc. etc. It still wasn't enough.

So pivoted to Laya. Same story, denied.

Royal London have now come back to say they also won't cover.

We're going to go to the lender with these denials and request a deferral, but I'm starting to worry. I believe Pulse/OneLife is an option but I've no idea yet of what the premiums will be (I've heard they are quite high, as well as admin fees amounting to a few hundred). On top of this, the seller is getting impatient. The initial process to get to the Denied stage took 5 weeks due to delays in our GPs getting info to the providers. I doubt they'll wait another 5 before we even sign the contracts.

But anyway, just wondering if anyone on here has gone through similar, and how'd ye make it through? Oh, and we're being evicted in October as the landlord is selling 🎉

I have indeed and I do get the impression he's trying everything he can for us. Even looked at bringing in a second broker in tandem but they didn't want to be stepping on anyone's toes. Just got to let him cook, I guess. But I'm open to options that we can pursue ourselves.

Can you get cover which excludes the particular existing condition? Some additional risk for you if something does go wrong for your partner with that, but at least it would get the sale over the line

Hi, 2 years ago myself and my partner had bought a property using the Local Authority Home loan. 
my question is can we sell the property? Is there any penalties? Has anyone tried selling after buying using Local Authority Home Loan from the county council. 
Thanks in advance

Just a quick update on our experience with this in case anyone finds themselves in a similar position.

Apply to everyone.

It was surprising how different different providers' processes are (me english good): in documentation requirements, assessment, and customer management. Getting denied by one does not guarantee getting denied by another. Some may take weeks to assess, some may take a few hours. Some may look into your complete medical history, others may be satisfied with the latest updates from your GP/consultants.

Also, you have to hound them. Constantly looking for updates. Some providers have a FastTrack process, though I don't know what the requirements are here. Maybe they could smell the desperation off us.

We were told of a few times people getting cover from UK-based providers when denied by those based in Ireland. In our experience, these were only for short-term mortgages. The longest protection term offered to us was 10 years, which obviously doesn't cut it for a FTB. This appears to be a last-resort option.

But yeah, basically don't despair until all options are exhausted. And start early! We got confirmation of coverage this morning when realistically it looked to be slipping away (whoop! There'll be a financial advisor in Galway getting a superbly OK bottle of wine in the post). Now on to the business of sinking all of our money into making this shoebox a home.

Dear god, what have I done…

Thanks having spoken to a number of people the consensus is that 15-30k was the margin for a no chain buyer at 800k+ property. The view was that 35% of properties fall through on sale agreed so no chain is an edge.