If you want to sell your house quickly, there are a number of items you can prepare, prior to going sale agreed, which will speed matters up substantially.
If you want to sell your house quickly, you need to do more than just engaging a real estate agent. There are a number of items you can prepare, prior to going sale agreed, which will speed matters up substantially.
Here are 5 steps to take to speed up the sale of your property as a vendor:
1. Appoint a solicitor before going sale agreed.
This may sound standard but a lot of vendors do not think of the legals until they are actually sale agreed which slows matters down. If you appoint your solicitor early, they will be able to take up your title deeds from the bank, confirm if there are any items required and prepare contracts so that once you are sale agreed, they can issue immediately. This process in itself can save 2/ 3 weeks of a delay.
2. Building Energy Rating Certificate
You are legally required to present a BER certificate before you start the selling process. Again ordering this in good time saves on any delay.
3. NPPR Discharge or Exemption Certificate
The government introduced a €200 yearly charge on non-principal private residences to be paid to the local authorities for the years 2009 - 2013. on the sale of every residential property, a certificate of exemption or discharge is required. Again it is worth applying for this certificate early so that it does not cause a delay. A purchasers solicitor will always insist on this certificate as the tax is a charge on the property .
4. Local property tax
This tax is charged based on the market value of your property. Again as LPT is a charge on a property, a purchasers solicitor will insist on viewing an LPT printout to show the tax has been paid for all of the relevant years. This printout will also should that the household charge (a tax that preceded LPT) is also paid.
5. Planning documentation
To sell a house, you need to prove that it was built in compliance with planning permission and building regulations. Generally speaking, the planning documentation relating to the construction of your property should be held with the title deeds. However if you have carried out any alterations since purchasing the property, you will need to obtain architects certificates to confirm these works were exempt or in compliance with the planning permission issued.
Check out our property solicitor blog.
Check out our new video on setting up a fintech company in Ireland! Do you know what fintech laws you need to abide by? Need a fintech solicitor? Our video has all the fintech answers you need.
Text LinkCrypto regulations Ireland and the EU - update. The law around cryptocurrency may change again, with a set of compromises to the original MiCA legislation announced by the European Union on the 28th of February 2022.
Text LinkCosgrove Gaynard Solicitors were delighted to be involved in a recent case for a private client in the High Court, in which we sought a Norwich Pharmacal Order to direct Coinbase Europe Limited to hand over details of an account/account holder who may be connected with stolen bitcoin.
Text LinkAwards: Fintech Law firm of the year in Ireland 2022
Text LinkIf you’re buying or selling a property, changing mortgages, or investing, it's going to be absolutely vital that you have the services of an expert property solicitor in your corner.
Text Link