Browse Forums Building A New House 1 May 24, 2018 5:41 pm Hey guys Long story short, We signed up with Aussie living after providing our financial info and they said we were eligible for finance. We paid a 2k deposit, signed contracts, did our pre Start, ect...and now they are saying we're no longer eligible for finance due to change in financial circumstance which is completely incorrect. Absolutely nothing about our finances has change in anyway, Shape or form. We believe the broker they provided has miscalculated our eligible borrowing amount from the beginning and no one wants to take ownership. We have asked for our 2k deposit to be refunded as we can't go ahead with the build and of Course they're saying its non refundable. Any one with any advice on this type of situation would be greatly appreciated. Re: Building deposit Refund 3May 24, 2018 5:51 pm icat2000 Try and organise some new finance. Otherwise you might have to cut your losses as they will be entitled to recover reasonable costs for what they have spent to date. Ask them for a breakdown. In NSW the maximum deposit for building work is 5% until the builder provides HBCF insurance 1 3273 I’m curious about how you went with this. We are planning a KDRB and considering Plantation Homes as a builder. I’m aware that after the demolition another soil test… 1 6321 i wouldn't be worried, you'll definitely miss something, no matter how many times you review. we've spent close to 5 months ensuring everything got reflected in the… 5 9439 |