Browse Forums Building A New House Re: VMIA insurance claim 6Jun 11, 2023 8:01 am Thanks, I guess we'll just have to wait and see. In the mean time, I'll be contacting HSC and fair trading, because these builders are not being transparent, they have two business one in liquidation and other still running which we're under, but worried that will go into liquidation too. I have no faith in the builders because they didn't inform us about the first business going under, we found out by the private assessors. Its so devastating that this happens to people, we've put 10 years of savings, and now interest rates are at 7% in NSW. I don't know if our builder will finish our home or if we have to get another builder which I heard is difficult. We've been waiting for house to complete 12 months now and they only at frame stage. Its so depressive. Re: VMIA insurance claim 7Jun 11, 2023 4:40 pm ![]() Thanks, I guess we'll just have to wait and see. In the mean time, I'll be contacting HSC and fair trading, because these builders are not being transparent, they have two business one in liquidation and other still running which we're under, but worried that will go into liquidation too. I have no faith in the builders because they didn't inform us about the first business going under, we found out by the private assessors. Its so devastating that this happens to people, we've put 10 years of savings, and now interest rates are at 7% in NSW. I don't know if our builder will finish our home or if we have to get another builder which I heard is difficult. We've been waiting for house to complete 12 months now and they only at frame stage. Its so depressive. I am sorry to hear of your situation, I can suggest to engage your Federal MP? ACCC should be looking to contract parts and ASIC to the building company's behaviour. DIY, Home Maintenance & Repair The workmanship is lifetime guarantee by "the insurer", not the builder. They will of course ask the initial builder to rectify and if they don't they will appoint… 7 19181 thanks emmab the home is an extension and renovation and it was less than 10 years ago 4 9910 On the day liquidated damages kicked in, I texted my SS "Good morning and happy "Today liquidated damages begins today day!" We had a little over 3 weeks claim and no… 1 11869 |