The Costs and Outlays in buying a house are as follows:
Solicitor’s fees for buying a house
Our standard professional fee for the purchase of a dwelling is €1,400.00 (plus VAT). This would apply to a property where the purchase price does not exceed €300,000.00. We have set out below our Price List for conveyaning transactions.
|Purchase Price||Conveyancing Fee|
|€50,000 to €300,000||
€1,400 plus VAT
|€300,000 to €400,000||
€1,550 plus VAT
|€400,000 to €500,000||
€1,700 plus VAT
|€500,000 to €600,000||
€1,850 plus VAT
|€600,000 to €700,000||
€2,000 plus VAT
|€700,000 to €800,000||
€2,400 plus VAT
|€800,000 to €900,000||
€2,800 plus VAT
|€900,000 to €1,000,000||
€3,200 plus VAT
|€1,000,000 or more||
To be agreed
Please contact Mulroy and Company Solicitors Galway for a full competitive quotation.
As well as solicitor’s fees payable for the house purchase there will be other outlays payable such as the following:
Stamp Duty on buying a house
This is a tax payable by you to the State on the completion of the purchase of a house. On completion of the purchase of the property, Mulroy and Company Solicitors Galway will stamp the deed transferring the property into your name.
The stamp duty payable is currently 1% of the purchase price where the consideration is less than €1,000,000. If it is over this amount, the stamp duty is 2%. You can read more about stamp duty here.
Property Registration Authority fees
On the stamping of the Deed transferring the property into your name, Mulroy and Company Solicitors Galway will make an application to the Land Registry or Registry of Deeds to register the property in your name.
The Land Registry fees payable on the buying of a house depend on the value of the property.
- Properties valued from €1 – €50,000.00 have a fee of €400.
- Properties valued from €50,001 – €200,000 have a fee of €600.
- Properties valued from €200,001 to €400,000 have a fee of €700.
- Properties in excess of €400,000 have a fee of €800.
In addition to the above if you are obtaining a mortgage, the Land Registry fee for registering a mortgage is €175.00. If the property you are buying is a Registry of Deeds property but is now to be registered in the Land Registry the fee will €130.00. You can read more about the Land Registry fees here.
Law Searchers fees
On completing the purchase of the property Mulroy and Company Solicitors Galway employ a Law Searcher to carry out searches against the property you are buying and the vendors to ensure that there are no judgements or burdens registered on the property or against the vendors which affect your title. The Law Searches firm have a relevant insurance policy in place.
The approximate fees for employing a Law Searcher in a house purchase are in the region of €90.00.
Commissioner for Oaths fees
On the purchase of a property and if you are getting a mortgage, various documents will have to be sworn by the purchaser, in particular the Family Home Declaration.
The cost of swearing of these documents is €15.00 – €20.00.
This will include postage, stationery etc. Our standard cost for these is €50.00 (inclusive of VAT).
There may be other Costs and Outlays involved in the buying of a house. We are here to help.
If you are considering buying property, please feel free to request a detailed quote by completing the form below. Mulroy and Company Conveyancing Solicitors Galway will contact you as soon as possible with a quotation.
Alternatively please do not hesitate to telephone us at 091 – 586760 or email us to discuss the sale of your property and the fees involved.
Do you have questions regarding your house purchase? You can read more here.