New-Build Property Purchase in Lusk, Co. Dublin

Case Study: Property Purchase

Fast Tracked Transaction - 3 weeks

CASE DETAILS

*As the property purchase price was over €500,000, the clients were unable to benefit from any schemes.

INTRODUCTION & CLIENT BACKGROUND

Our client recently purchased a new-build semi-detached house in Lusk, Co. Dublin, which will be their family home.

The clients had no previous experience using an online property solicitor.

Jacob Law LLP was recommended to them by their broker.

JACOB LAW LLP ROLE

INSTRUCTION: We were instructed by the client to handle the legal transaction for the purchase of a new-build property.

ONBOARDING: Once the client was onboarded, we created a client portal profile, verified their identity and address, and assigned a case manager to support the client while the solicitor handled the legal aspects of the purchase.

REVIEW OF SALES ADVISE NOTICE AN AND LOAN APPROVAL: We reviewed the Sales Advice Notice and the client’s loan approval to ensure there were no onerous conditions.

RECEVING CONTRACTS: We received and reviewed the contracts and title to the property, raising pre-contract enquiries.

CONTRACTS EXCHANGE, SIGNING, CLOSING DATE: Once the contract was in order, we arranged for the client to sign it, agreed a tentative closing date with the vendor, and received the signed contracts. We then returned the contracts to the vendor’s solicitors and submitted the loan documents to the lender for drawdown.

FINAL INSPECTION, FINAL SEARCHES AND COMPLETION: After the client’s final inspection confirmed everything was in order, we completed the final searches and transferred the funds to complete the purchase.

KEYS RECEIVED: Once we received the closing documents, the client received the keys.

COMPLETION: Although the client’s part was complete, we still have post-completion steps: stamping the deed, registering him with the PRA, notifying him once registration is complete, returning the title deeds to the lender, and closing the file.

TIMELINE

*dealing with queries on title

RESULT

A new build property transaction was completed in just three weeks, showcasing our efficiency and streamlined processes. Using digital tools and proactive management, we significantly reduced the usual conveyancing timeline. This rapid completion highlights our ability to handle property transactions quickly without compromising on accuracy or compliance.

CLIENT FEEDBACK:

Google Review

⭐ ⭐ ⭐ ⭐ ⭐

“Ciaran and the team at Jacob Law were so wonderful to work with. They ensured that we were able to close on our home in a timely fashion. Nothing but praise to the team and can’t recommend them enough.”