Is the property price register being used?

L

landlord

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I thought there was a legal requirement for a solicitor to register the sale of a property?
I’m noticing more and more properties in Swords that are sold and not being registered. I was told recently by an estate agent that to monitor properties that are sold he uses the website proper.ie and sure enough I find many more properties that have been sold recently in swords on that website than the property price register.
There have been many times over the last few years when I know a property has sold in Swords and it has never turned up on the property price register. I even tried emailing them once but they never replied. Has anybody else noticed this?
 
landlord said:
I thought there was a legal requirement for a solicitor to register the sale of a property?
I’m noticing more and more properties in Swords that are sold and not being registered. I was told recently by an estate agent that to monitor properties that are sold he uses the website proper.ie and sure enough I find many more properties that have been sold recently in swords on that website than the property price register.
There have been many times over the last few years when I know a property has sold in Swords and it has never turned up on the property price register. I even tried emailing them once but they never replied. Has anybody else noticed this?
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The register is a bit tardy but I found it ok to use, sales do take time to complete for example 2 houses in our place sold last Autumn but only appeared in January, however another sold in March and appeared in April and as I know the buyer and he told me the timeline the register was accurate.

Houses are taking 3 months to go from sale agreed to being legally sold then they go onto the register.

Of course this is a Government site and " things take time " .

Another poster said " priceregister.com " was a better site .
 
The property price register is updated from the information Revenue has when the stamp duty is paid after a sale.
Solicitors dont update the register. They pay the stamp duty within a few months of the sale completing. As they dont have to pay immediately there will be a timelag before the sale is on the registers.

Proper.ie clearly states that it’s information comes from the property price register so there can’t be properties on itif they aren’t on the register .

The problem is that the register is difficult to search and addresses are inconsistent and sometimes badly spelt so it can be difficult to find a house,
 
huskerdu said:
The problem is that the register is difficult to search and addresses are inconsistent and sometimes badly spelt so it can be difficult to find a house,
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I've always found it easier to download all relevant records as a CSV file and then import them into Excel/LibreOffice Calc and filter/search/massage the data there rather than directly on the website.
 
The best way to browse is via: https://propertypriceregisterireland.com/ - some third party downloads and sorts it. It's a very nice interface.

landlord said:
I’m noticing more and more properties in Swords that are sold and not being registered.
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The issue is with conveyancing, not with the register. A property can be "sale agreed" and a sale not finally close for six or nine months if there are issues with title, maps, mortgage finance, etc.

Once the sale is registered with Revenue it generally only takes a month to appear.
 
NoRegretsCoyote said:
The best way to browse is via: https://propertypriceregisterireland.com/ - some third party downloads and sorts it. It's a very nice interface.


The issue is with conveyancing, not with the register. A property can be "sale agreed" and a sale not finally close for six or nine months if there are issues with title, maps, mortgage finance, etc.

Once the sale is registered with Revenue it generally only takes a month to appear.
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That's the one I tried to remember it's very good
 
The issue is with conveyancing, not with the register. A property can be "sale agreed" and a sale not finally close for six or nine months if there are issues with title, maps, mortgage finance, etc.
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Conveyancing is very, very slow in this country and can be very frustrating. I'd also add something i've noticed recently where some purchasers are now getting their own pre purchase surveys done where the person doing it treats it more like a snag list than a structural survey, and they then find that the bank wont lend to them until all the issues are resolved or dismissed after they pay for a proper survery to clear them and focus on the structural issues. I'm not sure if the surveryor or architect think they are adding value by providing a massive list of items, but they end up delaying the sale by months and causing buyers serious headaches.
Another thing I noticed is that a lot of solicitors still use snail mail for 'all' correspondance, which might be necessary for some but definitely not for all
 
Rasputin said:
I'm not sure if the surveryor or architect think they are adding value by providing a massive list of items, but they end up delaying the sale by months and causing buyers serious headaches.
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They act on behalf of the purchasers, so will provide what was asked for. Of course they feel they have to account for every little blemish on the fear that the purchaser will sue them if they don't. That said, I haven't found banks to be fussy on superficial defects, they are to be expected in every property, they do however get picky on compliance or significant defects that some purchasers desperate to move would prefer they ignore.
 
landlord said:
I thought there was a legal requirement for a solicitor to register the sale of a property?
I’m noticing more and more properties in Swords that are sold and not being registered. I was told recently by an estate agent that to monitor properties that are sold he uses the website proper.ie and sure enough I find many more properties that have been sold recently in swords on that website than the property price register.
There have been many times over the last few years when I know a property has sold in Swords and it has never turned up on the property price register. I even tried emailing them once but they never replied. Has anybody else noticed this?
Click to expand...
I have only ever seen of one property that was sold here but didn't appear on the register.
 
In Swords - there was an apartment beside me definitely changed hands about 5 years ago, but mysteriously never appeared on the register.
 
Could it somehow be classed as non-residential?
How do you know that it changed hands?
 
lff12 said:
In Swords - there was an apartment beside me definitely changed hands about 5 years ago, but mysteriously never appeared on the register.
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Why is it mysterious? Does a property sale have to appear on the prop price reg? Is it a legal or regulatory compliance obligation?

If not, then its hardly mysterious or unexpected that loads wont make theyre way onto it for a few reasons but probably mainly due to laziness on part of solicitors/buyers/sellers.
 
ArthurMcB said:
Why is it mysterious? Does a property sale have to appear on the prop price reg? Is it a legal or regulatory compliance obligation?

If not, then its hardly mysterious or unexpected that loads wont make theyre way onto it for a few reasons but probably mainly due to laziness on part of solicitors/buyers/sellers.
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Once the stamp duty is paid, the information is automatically updated in the register., Solicitors and sellers dont have to do anything, other than pay the stamp duty.
 
I have checked all sites listed and can’t find my current house. I paid my solicitors bill including stamp duty in Jan 2015. I have checked all properties listed from 2014 to 2015 and also checked the map feature.

Should I be worried? Next step is a call to my solicitor.
 
-Gal1 said:
I have checked all sites listed and can’t find my current house. I paid my solicitors bill including stamp duty in Jan 2015. I have checked all properties listed from 2014 to 2015 and also checked the map feature.

Should I be worried? Next step is a call to my solicitor.
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First check the current status of the folio on landdirect.ie. It'll cost you €5.
 
-Gal1 said:
I have checked all sites listed and can’t find my current house.
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Check variations in spelling, common typos. The search function is pretty limited, for instance, an address submitted as 'Main St.' will not be returned if you search on 'main street'.
 
huskerdu said:
Once the stamp duty is paid, the information is automatically updated in the register
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How does this work? If you think about it, practically, you pay stamp duty to your solicitor and thats the end of it from the buyers perspective.

What system is it automatically updated from and to? From Revenue to the PPR? How do you know this happens.

If this is in fact what happens then I wouldnt have much confidence in this automated data flow happening on a complete and accurate basis. And susprise surprise the register is missing rakes of stuff.
 
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