Browse Forums Building A New House Re: Agents Selling House & Land - Construction Commenced 2Jan 20, 2012 7:28 am Slab Down: 2/6/11 Moved in 13/3/2012 Current Status : Waiting for the garden to grow. My build thread : viewtopic.php?f=31&t=47031 Re: Agents Selling House & Land - Construction Commenced 4Jan 20, 2012 10:25 am Slab Down: 2/6/11 Moved in 13/3/2012 Current Status : Waiting for the garden to grow. My build thread : viewtopic.php?f=31&t=47031 Re: Agents Selling House & Land - Construction Commenced 5Jan 21, 2012 9:10 pm With the style of purchase you are suggesting most of the time you will get little to no say on colours, options etc. You will also need to be happy with the floorplan. If you have not started the purchasing process yet my best suggestion would be: * Work out the builder you would like to build with an the H&L cost * Find out the companies construction timeframe, they will have a set time ie 26 weeks. If they don't deliver by that date then they will generally pay you a penalty fee for each day/week they are late (make sure this is your rent cost or higher) * When you know this timeframe, wait to start the process until you have funds to cover the mortgage for that period (or your rent) in the bank. You can then just sit back and get what you want. My process is slightly different as I will have 2 mortgages but have set aside enough savings to cover my current homes mortgage until after construction is completed. there is a few calculators you can use if you just google it 7 7480 13 6602 We are about to commence a new build I and Iām reading about defects along the way. My question is should we employ a independent building inspector to come in and… 0 5235 |