4 minute read
The conveyancing process in Ireland varies in duration depending on the type of property, the complexity of the transaction and the efficiency of the parties involved. Unfortunately, sometimes luck (or lack of it) can even impact completion time.
Conveyancing is a service offered by a solicitor to facilitate the buying or selling of property. Legally, you cannot complete a property transaction without it.
Your conveyancing solicitor will act as your representative in dealings with the other party involved in the transaction.
To learn more about conveyancing in Ireland, read: What is conveyancing?
Irish property experts tend to indicate a standard timeframe of between 8 and 12 weeks from starting the process to completion, assuming there are no major complications.
According to the Institute of Professional Auctioneers and Valuers, it takes on average 10.4 weeks to complete the conveyance of a property in the Republic of Ireland. This figure is the national average, and it may take less time, or more time.
The conveyancing process can be delayed for a number of reasons, many of which are outside your solicitor’s control.
Common issues include missing or incomplete documents, delays in securing a mortgage offer, unresolved legal matters such as title defects and the complexities of being in a property chain where progress depends on other transactions completing in sequence.
Each of these can introduce uncertainty and add weeks to the process.
For commercial property transactions, the process is more complex and generally takes longer.
Commercial conveyancing usually takes 12 to 24 weeks to complete, with some straightforward freehold purchases possibly concluding in 10 to 12 weeks if there are no complications.
While some delays are unavoidable, there are several steps you can take to help your conveyancing run as efficiently as possible.
Don’t wait until after an offer is accepted. Engaging a solicitor at the earliest stage, ideally when you begin your property search or prepare to list your home, can shave weeks off the process.
Buyers should have proof of ID, mortgage approval in principle and proof of funds ready. Sellers should gather their title deeds, BER certificate, planning permissions and details of any alterations to the property.
Delays often arise when clients are slow to reply. Timely responses to your solicitor’s requests can prevent the file from sitting idle.
Opt for electronic communication and document sharing where acceptable. It’s usually faster than relying on post or phone calls.
Keeping communication open helps avoid misunderstandings and ensures you’re aware of any actions needed from your side.
For buyers, this may mean steering clear of long or fragile property chains where possible. For sellers, it helps to have your property in order, legally and practically, before going to market.
Many say that buying or selling property is one of the most stressful endeavours of our lives. The conveyancing solicitors at Augustus Cullen Law understand this and take active steps towards simplifying the process and getting you to completion as promptly as possible.
You can learn more about our services at Property & Conveyancing or Contact Us to arrange an initial consultation with a property expert.
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