Masterton Homes - The next thread 4.0

Gibson · Jun 14, 2016 3:25 pm

Thanks everyone. We were meant to get stairs from the alfresco down to the yard which didn't happen either. We have a growing list of issues to discuss with M

GillyM · Jun 14, 2016 4:38 pm

Our stairs were done later - not part of the slab. Maybe yours will be too?

S-VE · Jun 14, 2016 5:29 pm

Gibson - sounds like it's going to get done later

Our main roof was completed today and they installed or whirley round things. I assume the lower roof doesn't get installed until after the scaffolding comes down. I don't understand how they get to lock up without the garage roof being installed ?

I've noticed some of the 2 story houses here the scaffolding doesn't come down until forwards the end.

Saltwater71 · Jun 15, 2016 10:44 am

Hi all,

I haven't read our contract properly but I'm pretty sure that M don't do driveway/landscaping, and almost definite they don't do fences and blinds. For those doing these things after handover - how are you funding it? I thought you could provide quotes to the bank and they'd add it to your mortgage?

sachapman1084 · Jun 15, 2016 11:00 am

Saltwater71

Hi all,

I haven't read our contract properly but I'm pretty sure that M don't do driveway/landscaping, and almost definite they don't do fences and blinds. For those doing these things after handover - how are you funding it? I thought you could provide quotes to the bank and they'd add it to your mortgage?

Hey saltwater. We are getting our driveway done through m. Had the option to do landscaping but said no to that. We are hoping to get blinds through them, but it all depends on how much more expensive they are in comparison to the other quotes.
I was at our mortgage broker this morning, and she said that if there are any other things you want to add to the mortgage they needed to be added prior to the final valuation, as they wont add them to it afterwards (unless of course you've got enough equity in it all)...

Saltwater71 · Jun 15, 2016 11:05 am

sachapman1084

Saltwater71

Hi all,

I haven't read our contract properly but I'm pretty sure that M don't do driveway/landscaping, and almost definite they don't do fences and blinds. For those doing these things after handover - how are you funding it? I thought you could provide quotes to the bank and they'd add it to your mortgage?

Hey saltwater. We are getting our driveway done through m. Had the option to do landscaping but said no to that. We are hoping to get blinds through them, but it all depends on how much more expensive they are in comparison to the other quotes.
I was at our mortgage broker this morning, and she said that if there are any other things you want to add to the mortgage they needed to be added prior to the final valuation, as they wont add them to it afterwards (unless of course you've got enough equity in it all)...

Thanks sachapman, are their prices reasonable for driveway? when does it come up as an option?
so if u want add things from external vendors you can just add the quotes into the valuation for the bank?
I'm surprised by all this tbh...I had planned to add on those costs to the mortgage (I expecting it all to be approx. $40k) and we def can't afford that if it's not on the mortgage :/

Gibson · Jun 15, 2016 11:07 am

Saltwater , everything that M do is cost plus 27%, so we are getting driveways, retaining walls etc done after handover. Funding it out of pocket.

S-VE, sounds like your build is progressing well.

sachapman1084 · Jun 15, 2016 11:21 am

Saltwater. We had a package so the driveway was always included..
With most things there are increases in prices, but we've weighed up each one and decided the difference in price was worth just having it done. And the more they do, the more falls in that insurance period. We've had a lenient budget so have been able to just go with the increased prices. And through it was easier with the bank if they all came under the 'house price'.. But it def needs to be added in before final valuation. This can also depend on the bank. As to how they value the house. We've gone with anz for this reason alone....

MartinsHarmony · Jun 15, 2016 12:46 pm

Hey Gibson, did your plans look like this?
We are only just out of council, so we are waiting on final Construction plans where I will obviously double check this ... but the missing portico slab on our architectural plans has concerned me, front pillars look like eerie floating columns!
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jol0 · Jun 15, 2016 1:10 pm

Hi al, with payment schedule changes requested by the bank, did you have to be go between or did the bank dictate the terms directly to masterton?

aaron_online · Jun 15, 2016 4:48 pm

jol0

Hi al, with payment schedule changes requested by the bank, did you have to be go between or did the bank dictate the terms directly to masterton?

Just forward what the bank requested to M. It happened to us too and M adjusted the payment schedules. Not exactly as what the bank requested but it's been approved by the bank anyway.

S-VE · Jun 15, 2016 5:23 pm

jol0

Hi al, with payment schedule changes requested by the bank, did you have to be go between or did the bank dictate the terms directly to masterton?

Our bank negotiated directly with M.

S-VE · Jun 15, 2016 5:30 pm

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I'm having one of my first 'opps I think I picked the wrong colour' moment. The roof looks a lot darker then what we thought it would. Hubby likes it, I'm on the fence. I think it will look okay with the surfmist garage door and surfmist from parapet.

jol0 · Jun 15, 2016 5:47 pm

S-VE

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I'm having one of my first 'opps I think I picked the wrong colour' moment. The roof looks a lot darker then what we thought it would. Hubby likes it, I'm on the fence. I think it will look okay with the surfmist garage door and surfmist from parapet.

I like it! Which colour is it?

Gibson · Jun 15, 2016 7:43 pm

MartinsHarmony

Hey Gibson, did your plans look like this?
We are only just out of council, so we are waiting on final Construction plans where I will obviously double check this ... but the missing portico slab on our architectural plans has concerned me, front pillars look like eerie floating columns!

That column doesn't look right!
Here's the best view of my porch on the plans
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Edmondss · Jun 15, 2016 8:15 pm

In terms of finances, we worked out what we needed for all the extras post build and included it in the requested loan amount. As long as the LVR and serviceability are still good, it shouldn't be a problem. We needed to submit a budget showing what the additional funds were for and they wanted quotes for as much as we could get.

S-VE · Jun 15, 2016 8:27 pm

jol0

S-VE

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I'm having one of my first 'opps I think I picked the wrong colour' moment. The roof looks a lot darker then what we thought it would. Hubby likes it, I'm on the fence. I think it will look okay with the surfmist garage door and surfmist from parapet.

I like it! Which colour is it?

It's monument roof and gutters. Roof looks much darker in the large quantity. Oh well I'm sure I'll get used to it

Saltwater71 · Jun 16, 2016 10:51 am

Hi all,

I am after quotes for the following:
- driveway
- blinds
- fencing
- landscaping

I'm in the Hills District in Sydney.

Any recommendations for companies are appreciated!

MartinsHarmony · Jun 16, 2016 4:34 pm

MGardz ... how is that kitchen splashback going?
I'm pretty sure we have picked the same tile, can't wait for pics.

NJC · Jun 16, 2016 6:46 pm

Apologies in advance as I know this questions been asked a lot but we got our construction plans today and I don't want to miss anything - what are some things I really need to look for and check?
I don't want to miss anything after reading what has happened to some people but I want to get them signed and back to M!
We also sign off on our electrical tomorrow so then we just wait for our final go ahead from the bank which should three days!
I'm hoping the estimating department is on the ball ?