Oireachtas Joint and Select Committees

Wednesday, 11 March 2015

Joint Oireachtas Committee on Justice, Defence and Equality

Conveyancing Survey Results January 2015: Institute of Professional Auctioneers and Valuers

9:30 am

Photo of Gabrielle McFaddenGabrielle McFadden (Longford-Westmeath, Fine Gael) | Oireachtas source

I am relieved to know that someone would not have to do that for a family home. It is hard enough on a buyer buying a family home. I would love to see this brought down from four and a half months to two. Quite often, I meet families and young couples who are in the process of trying to buy. They always have the dilemma of whether to pay next month's rent. They worry the sale will come through when they have just paid the month's rent. It is a very hard time for couples trying to balance their finances.

In 2009, Revenue brought in the electronic stamping system. It seems that has worked. Can the witnesses tell me how it worked so well, in their opinion? Would the same effect be achieved for conveyancing if e-conveyancing came in as quickly?

Comments

No comments

Log in or join to post a public comment.