Sep 17, 2009 4:37 pm
This may be a really dumb question, but the last two times we've built the whole process was different, and the site costs were a part of the house price IFYKWIM.
anyway, when the bank does the valuation for the loan, do they include the site costs, or do they factor those in as a seperate cost you have to pay??
It's not a problem for us to pay the site costs, I'm just trying to do the calculations so I know how much we will actually be getting a loan for.
Re: bank valuation and site works2
Sep 17, 2009 11:21 pm
It includes the site costs. It can also include some external things like a driveway and fences. Used to be some people loaded it up with costs for outdoor spas and the like. The banks don't allow that anymore. You might be able to sneak in a front landscaping allowance
Gravity. Its the law.
At lock-up stage(lock-up stage)
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