Helpful Tips from Property Solicitors in Cork When Purchasing a Property in Ireland

It’s a dream among many non-residents or foreigners to buy a dream home in Ireland. While some choose to settle with family, others look for a place to invest, and the rest hunt for a place to go on a vacation. But the question is: can people from outside this country purchase real estate within the boundaries of Ireland? The great news is that it is possible! As long as you understand the local system and are aware of certain things, you are most welcome.

Today, this article to dedicated to all interested parties looking to buy a property in Ireland. Coming next are tips from popular property solicitors in Cork, including those from Breen Walsh that will help you settle with your family or simply alone without facing issues.

Advice from Property Solicitors in Cork to Foreigners Buying a House in Ireland

Before disclosing the tips, let’s share with you the name of the legal firm where you can hire conveyancing solicitors in Cork. It’s Breen Walsh Solicitors, and the team of solicitors here are strong and experienced and advises on various property-related matters. This includes the sale and purchase of property, landlord and tenant matters, mortgaging, re-mortgaging and site or land purchase and sale. Now that you know where to seek legal help, let’s go through the tips without further ado:

• Start by getting your Social Security number

Also known as the PPS number, it denotes that one is registered in Ireland with Revenue and other services provided by the Irish State. Irish citizens have one by default, but non-residents must register for one by filling up an application form available on the website of the Department of Social Protection.

• Next, decide on a budget

After procuring your PPS number, make your mind up on the amount you are ready to part. Currently, cash is king in the country as interest rates have shot up and loan packs have slowed down. Whether potential sellers assist you or auctioneers do so, both parties will prioritise you if you have cash in possession. It’s also a better option as delays are much less during the completion of the purchase.

• Browse properties on web pages to arrive at the best ones

Today, auctioneers prefer listing their properties online with photos, mentioning all about the locations, types and costs involved. Therefore, it’s a good idea to check property sites while hunting down the best properties. You can also connect with auctioneers specialising in local areas to track down the ideal estates. However, one must know that there is a shortage of housing in Ireland as the population is exploding due to the incoming migrants from Ukraine.

• Save money by hiring property solicitors in Cork

Simply proceeding with a favourable property is not recommended. Instead, discussing the matter with a legal expert is incredibly vital as the person is Irish and has general knowledge about the estate. The legal advisor can carry out the checks on behalf of the non-resident and guide the negotiation process while finalising the contract.

• Make sure you pay a booking deposit

Every party, when buying a property in Ireland, must pay a booking deposit to the auctioneer. It may not be legally binding, but guarantees fee recovery from the vendor.

• Get a surveyor or engineer to inspect your property

This is to ensure that the property is structurally sound. Ensure you issue no other contracts unless the property is surveyed, and the engineer’s report is satisfactory.

• Run a check to see if you have received all pending documents from the seller

Once the survey outcomes are positive and the legal costs are cleared, you will find matters to proceed quickly. In that rush, you may oversee documents outstanding from the seller. Make sure you attain them before the property matter closes down.

At the outset, property purchase for a non-Irish citizen may appear seamless, but a lot goes behind the scene. Having conveyancing solicitors in Cork can settle the matters sooner than later and take the troubles out of the process. If you can follow all the tips above and allow a property solicitor to handle everything on your behalf, you can successfully settle down in Ireland and ultimately, be a proud possessor of Irish property.

Author Bio: It has been over five years since the author has been writing engaging articles for conveyancing solicitors in Cork. She has gained a lot in terms of legal knowledge, and the same help her pen down insightful guides for all her avid readers.