Important Note on Planning as Part of Your Refinancing
Case Study: New Build House Purchase
Fast Tracked Transaction - From Onboarding to Completion in 6 Weeks
| Case: | New-Build Property Purchase – House |
| Location: | Gorey, Co. Wexford |
| Client(s): | Single buyer |
| Referral Source: | Mortgage Broker |
| Gifted funds: | Yes |
| Receiving a mortgage: | Yes |
| Help-to-Buy | Yes |
| First Time Buyer | Yes |
| Property purchase price: | up to €500,000 |
Our client recently purchased a new-build house in Gorey, Co. Wexford. The client was referred to us by their mortgage broker, and this was their first property purchase and their first experience using an online property solicitor. They used the Help to Buy scheme and received a gift.
INSTRUCTION: We were instructed by the client to handle the legal transaction for the purchase of a new build house.
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 AND LOAN APPROVAL: We reviewed the Sales Advice Notice and the client’s loan approval to ensure there were no onerous conditions.
RECEIVING 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 on a tentative closing date with the vendor, and received the signed contracts. We then returned the contracts to the developer’s solicitors and submitted the loan documents to the lender for drawdown.
FINAL INSPECTION, FINAL SEARCHES, AND COMPLETION: After the client completed the final inspection of the property and confirmed everything was in order, we transferred the funds to complete the purchase.
KEYS RECEIVED: Once we received the closing documents and transferred the closing funds, 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, and other actions.
AIP: The broker assessed the client’s financial position and successfully secured an Approval in Principle from the lender, confirming client’s borrowing capacity at an early stage.
BACKGROUND CHECK: The broker coordinated the submission of the required documentation and worked with the lender to complete all background and affordability checks efficiently.
LOAN OFFER: The broker liaised with the lender throughout the application process, ensuring all conditions were satisfied, resulting in the issuance of a formal loan offer to our client.
DRAWDOWN: By maintaining close communication with all parties, the broker ensured that mortgage conditions were met, facilitating the timely release of funds for completion.
✅ 12/08/2025 – Case opened
✅ 12/08/2025 – Sales Advice Notice received and contracts requested
✅ 12/08/2025 – Loan Offer received
✅ 15/08/2025 – Contracts received
✅ 18/08/2025 – Pre-contract enquiries raised*
✅ 22/08/2025 – First snagging completed
*dealing with queries on title
✅ 28/08/2025 – Contracts sent to client
✅ 28/08/2025 – Contracts signed by client
✅ 11/09/2025 – Letter of Offer received
✅ 27/09/2025 – Final inspection completed
✅ 29/09/2025 – Mortgage drawdown funds received
✅ 01/10/2025 – Transaction Completed
By working closely with the broker and our client, we delivered the new build property purchase in just 6 weeks – demonstrating the speed, efficiency, and precision of our modern, technology-driven approach.
With secure online document exchange through both client and broker portals, combined with digital signatures and advanced ID verification with facial recognition, we streamlined the entire process and significantly reduced the traditional conveyancing timeline, without compromising on compliance or accuracy.
The buyers successfully purchased their new build property purchase in Gorey for up to €500,000, achieving a smooth and efficient transaction from start to finish.
Jacob Law LLP managed all legal aspects of the purchase, acting exclusively in the clients’ best interests and completing the transaction in just 6 weeks.
Working in close collaboration with the broker, who worked closely with the lender to secure the mortgage for the client, we ensured a streamlined and coordinated process throughout.
The clients were delighted with the service provided by both, us as their solicitors and their mortgage broker.
Jacob Law LLP, 24 April 2026
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