Property Conveyancing
Over 20 years experience in the property market
… “the biggest financial investment you will ever make.”
Buying or selling a property can be a daunting task especially if you are a first time buyer …
… but whether you are a first timer, seasoned buyer or serial investor we at J.A. Canny & Co., can guide you through the legal process. We are very experienced in this area and we have vast experience of starter homes in housing estates from Cork to Dublin and from Galway to Wexford and all locations in between. We have acted for developers and for thousands of apartment purchasers and vendors, penthouse suites to duplex’s, period homes, development land for builders, agricultural lands for farmers and quarries for sand and gravel men and women, and all manner of real estate.
We can assist you and ease the stress of what’s often a significant investment, indeed possibly the biggest investment you ever will make.
Financing
Financing and arranging the financing of the proposal will often be the most difficult element of any purchase or sale. The financial element of the project may often be the most onerous aspect from a purchasers point of view and if your of mind to do so having an early consultation can be instructive and once you have agreed a term with a Bank or Building Society Local Authority or Credit Union they will typically issue their letter of loan offer to you, whereupon we will be able to deal with all aspects of the placing of security by way of mortgage, collateral mortgage or re-mortgage.
What abut tax?
You may wish to speak to us about the tax aspect of the project including the Capital Acquisition Tax (shorthand CAT) (otherwise known as ‘gift tax’ or ‘inheritance tax’). In addition there may be Capital Gains Tax consequences to a sale for vendor.
It is vital for resident and non- resident vendors alike to understand the tax implications of a sale or disposal of Irish real estate and assets and in particular for non- resident vendors to understand the complication and time frames involved in obtaining the necessary tax clearances so that net proceeds of sales can be remitted to a vendor. Therefore early consideration and planning of a transaction can set realistic expectations and allow a vendor to plan accordingly. Knowledge is power.
If you’re giving or getting a site to/from a family member or friend for free or for a reduced consideration or price relative to the open market value you should contact us early in the discussions so that we can advise you on the tax consequences and how best to proceed to make the transaction as tax efficient as possible.
General advice - if you are considering any property deal, particularly a sale of property nowadays with the recent introduction of taxes and charges and increased attention to planning & development matters please speak with us at an early stage so that we can make the necessary advanced arrangements to allow us efficiently issue a comprehensive suite of papers with Contracts for Sale on your behalf.
Where to start?
We can assist you with contact details for all allied personnel that will be needed, whether that be architects or engineers, surveyors, accountants, tax specialists, town planners, property management specialists estate agents auctioneers, caretakers.
When it comes of property there is no question or difficulty that we will shy away from.
If you need to acquire a right of way or a right for water or wish to establish as of right, easement for rights to pass and re-pass, rights of light of shelter please instruct us immediately.
We will provide a FREE initial telephone conversation to establish how we can assist you.
Contact us now on 00353 56 7771977 or tony@jacanny.com