Buying a Home in Ireland Amid Rising Prices – What Buyers Need to Know
With Irish house prices at their highest in nearly a decade, understanding the conveyancing process is essential. Here’s what every homebuyer should know in 2025 — and how your solicitor ensures a secure purchase.
Buying a Home in Ireland Amid Rising Prices
The Irish property market remains under intense pressure. Reports from The Irish Times (March 2025) confirm that residential property prices rose by over 11% in early 2025, with supply reaching record lows. For many buyers, speed is essential — but so is legal certainty.
Your solicitor plays a crucial role in ensuring that your purchase proceeds smoothly, your title is clear, and all taxes and registrations are completed correctly.
The Conveyancing Process Explained
Your solicitor will:
- Investigate title: Ensure the seller legally owns the property and that it is free from encumbrances.
- Review contracts: Check that the terms of the sale are fair and that all planning permissions and Building Energy Rating (BER) certificates are in order.
- Coordinate with your lender: Handle mortgage documentation and ensure that all loan conditions are met.
- Oversee completion: Arrange final payment, keys, and registration of ownership in the Land Registry.
In a fast-moving market, taking shortcuts or signing too soon can lead to costly issues later — something your solicitor works to prevent.
Planning, Compliance, and New Developments
Many modern developments involve management companies, shared ownership, and service charge obligations. Your solicitor will ensure you fully understand your rights and obligations before committing to a contract.
Stamp Duty and Tax Considerations
Stamp Duty applies at 1% for homes under €1 million and 2% for amounts above that. Eligible first-time buyers may also benefit from the Help to Buy Scheme, reclaiming up to €30,000 in tax.
Conclusion and Call to Action
In today’s competitive property market, having an experienced conveyancing solicitor is not a luxury — it is a necessity.
Contact our property law team today to discuss your purchase and ensure your investment is protected from start to finish.