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Halpin and Co mentioned in New York Times about Buying Property

Halpin & Co. Solicitors in Cork are delighted that Sarah Halpin was quoted by the New York Times in an article about buying property in Cork:

Foreigners can buy property in Ireland with no restrictions, although they should hire a solicitor. “I don’t think a layperson would be capable of drafting a deed or reviewing the title,” said Sarah Halpin, who heads Halpin & Co., Solicitors, in Cork City. “Some of them date back to the feudal system.” Before making a commitment, the buyer customarily hires an engineer to survey a property, ensuring that it is structurally sound and matches its description on paper. Among the major banks, Allied Irish Banks will lend to foreigners seeking financing on a case-by-case basis. Bank of Ireland will consider lending to foreigners who pay taxes in Ireland. Ms. Halpin noted that it could be difficult to get financing for commercial purchases — a designation that includes buying a house to rent out. “But if you were actually moving here and it was a home loan,” she said, “that is achievable.”

Read the full article: ‘Real Estate in Ireland’

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