Browse Forums Home Finance Re: Finance not approved - preliminary deposit 3Oct 15, 2017 4:10 am I agree with @lovisa . It will also depends on the time gap between the disapproval and initial deposit. If it takes a couple of months then you already been receiving updates or progress from the builders. In NSW the maximum deposit for building work is 5% until the builder provides HBCF insurance 1 4821 If your patio is going to be 35 sqm then that's going to need Council Approval. The fact that they previously approved your 25sqm patio will be irelevant 1 5506 you were just referred to get advice from your solicitor. This is a legal matter. Separately, why would you use a buyers agent for a house and land package? 3 56285 |