Browse Forums Building A New House Re: advice please re increase in cost due to delay issuing t 3Nov 14, 2014 6:40 pm MrBee Was there a subject to finance clause on either contracts? Have your bank do a letter saying finance was denied? yes both were subject to finance but finance was approved. It will probably be declined if we have to find the extra $2k a month for god knows how many months though. I don't really want to lie and say its declined if its not and wouldnt that look bad on our credit rating? Maybe the lesser of the evils though. We would like to proceed with the build but I am scared about how much the cost might snowball. Fair Trading can issue orders to rectify and complete but once the matter goes to NCAT these orders are automatically vacated. You will have to terminate contract and sue… 21 29760 How are you doing Ben? Extremely interested in hearing what you are doing or plan to do! 12 15176 Hi, My home construction is complete, and the handover is scheduled next week. However the construction has been delayed and I have raised this to the builder. The… 0 5331 |