Browse Forums Home Finance 1 Nov 01, 2013 11:08 am Hi I have done a search but couldn't find the answer. Sorry if it has been answered many times before. How long did your first progress payment take to get paid to your builder? Re: First Progress Payment 2Nov 01, 2013 11:34 am Mine was processed about 2-3 days after I sent the invoice to my broker (my bank is CBA) Re: First Progress Payment 3Nov 01, 2013 11:55 am Yep, 2-3 days sounds about right after the lender receives the invoice. Cheers Tom Re: First Progress Payment 4Nov 01, 2013 1:30 pm Oh wow, I haven't heard anything and it has been 3 weeks today. Might follow it up. regardless, your contract stipulates a payments schedule and SOPA doesn't give provision to that scenario. Your contractual terms appear to stand. Hence get a lawyer, it… 4 11959 There is no reason why building contract reconciliation cannot be done prior to handover, if the builder won't do it get someone to do it for you. Why would you pay for… 3 6740 1) I had requested R6 ceiling insualtion batts, however I noticed that on some areas there are huge gaps which will allow hot air to sweep in, and also noticed black/grey… 0 4146 |