Browse Forums Building A New House 1 May 08, 2020 6:14 pm Hi There, We entered into a contract with a builder, standard NSW HIA contract and paid $12k in deposits. It has now been 6 months and all the builder has done is floor plans and a 3D facade. We cant even agree on it as this is not we asked for. Now we asked to terminate the contract and the builder is demanding 10% of contract price. No equipment hire, surveying or earthworks. No cdc approval or anything of that sort. Can he demand 10% just for floor plans ? Re: NSW HIA Contract termination by owner 2May 08, 2020 7:21 pm There is proper procedure for terminating building contract. If you don't follow it you may be liable for the profit builder would have made had the build gone ahead. Foremost Building Expert in Australia,assisting with building problems/disputes, building stage inspections,pre-contract review advice for peace of mind 200 blogs http://www.buildingexpert.net.au/blog Re: NSW HIA Contract termination by owner 3May 08, 2020 7:33 pm ![]() There is proper procedure for terminating building contract. If you don't follow it you may be liable for the profit builder would have made had the build gone ahead. Ok, thank you. What in your opinion should be our next steps. As we are not happy to proceed with the builder. Re: NSW HIA Contract termination by owner 4May 08, 2020 7:47 pm Consult a lawyer Foremost Building Expert in Australia,assisting with building problems/disputes, building stage inspections,pre-contract review advice for peace of mind 200 blogs http://www.buildingexpert.net.au/blog I have owner supplied a number of items (face bricks; tiles; bath; door hardware; heated towel rails). I have also managed to secure a number of 'after handover' items… 5 1278 Hi Bep what insurance did you end up getting? Im in the same boat as you, in NSW about to start a small extension value around $25K. I've just got an online quote but… 7 8427 Hey Bimbob welcome to the forum Hmm. $5k is a fair price for clients to pay where they 1. Own copyright of the design 2. In 1 above you can select 3 builders and have… 5 2309 ![]() |