Costs/Fees
Valuer Fees/surveyor fees;
Lending Institutions require their own panel valuers report on the property, upon which they are lending. This is compulsory. We collect this fee and send it on to the valuer , when arranging the valuation with the vendor/selling agent. It costs €130.00 including vat. In certain circumstances, or particularly when the client is purchasing an older property it is prudent to commission an independent architect’s report on the property. This decision and the cost rests with the client, and generally costs between €300 and €800, depending on the property type, size, and condition.
Legal fees;
Legal fees can be broken down into three parts, A professional fee, the vat charged on this fee, and legal outlay. Legal outlay costs will be similar regardless of the solicitor that you choose, and are shaped more by the property that you buy. Outlays typically cover the Land Registry or Registry of Deeds fee, and other small costs in registering your ownership on the property. We generally suggest that first-time buyers put aside €2,000 in total for legal fees. People switching mortgage provider can budget for less, and people buying and selling need to budget for more.
Clients should always look for a full costing in advance in writing, when engaging the services of their solicitor.
Our fees;
The firms income is generated by disclosed commissions from industry product providers and in some situations client fees. Initial consultations are free and if a fee is deemed appropriate to a case, it is discussed and always agreed in writing with the client at that stage.
Frank Lenny Financial have a panel of solicitors that we are happy to recommend to our clients, who do not have a solicitor already.