Browse Forums Building A New House Re: Post Construction Valuations 2Sep 25, 2020 2:15 pm KameGame Hello Members For anyone who has completed their construction recently, have the Lenders done a valuation at completion. If so, how have the outcomes been ? Did anyone of you see a drop is values given the slowdown in the property market ? Might be best to ask in the Home Finance section of the forum. However, my broker advised me the final valuation was just to determine whether the house built was the house that was approved by the bank. It seems very clear to me that your contract states that a security account does NOT need to be established so the answer to the builder is NO. If in doubt find a contract… 1 8473 2 31283 If there have been changes, variations, during construction then the drawings should be revised, the building permit amended and the current, as built drawings given to… 2 4444 |