Browse Forums Building A New House Re: Builder credits and how they are received 2Jul 15, 2014 10:45 pm Second Build, this time with Carlisle 2016, can't wait! Beckham: viewtopic.php?f=31&t=67280 Canterbury: viewtopic.php?f=31&t=81175 Re: Builder credits and how they are received 3Jul 15, 2014 11:25 pm Land settled 07-NOV-2013 Colour Selection 18-FEB-2014 Tender 04-MAR-2014 Contract 11-MAR-2014 Building permit 02-APR-2014 Soil Scrape 07-MAY-2014 Slab Poured 02-JUN-2014 Frame complete 12-JUN-2014 Re: Builder credits and how they are received 4Jul 16, 2014 3:22 pm sands_13 Thanks Pearz I think I get it now. Your the first to really explain it. so if I write surplus funds on the final progress payment the bank will still draw down the funds to the complete the full loan and then the builder will write a cheque for the difference they owe? Am I on the right track? Yep, that's how it worked for me! Second Build, this time with Carlisle 2016, can't wait! Beckham: viewtopic.php?f=31&t=67280 Canterbury: viewtopic.php?f=31&t=81175 Hi Mofflepop, I would recommend finding a building designer to prepare plans, they should design to your specified budget. The benefit is you can tender the project out… 9 20355 Ask the council if there is a chance of getting build over easement exemption. Sometimes easements are unused and 24cm is not all that much. Good luck. And yes any builder… 2 13746 |