Browse Forums Building A New House Re: Who is building with Beechwood 14520Mar 07, 2017 9:47 pm Grace33 tapasr_Lexia4 Just a quick Q to anyone who can answer me please. When your construction started does your construction loan on interest only? Our loan was split into land loan then construction loan. Also, we've been emailed by our broker that our unconditional loan has been approved (after so many papers being asked not in one batch but we felt like one after another which became so annoying)... Just waiting for some more papers for us to sign which we hope was the last (according to our broker) Just want to ask as well once the bank gives us the green light, what's your experience, did you start straight away...How did you inform Beechwood that it's construction time Sorry guys if you find these questions abit stupid lol Ours is interest only for the duration of the build. We just email the invoice to our broker and she sorts it all out. Cool. Thanks Grace33. We were told by our broker that we need to use our money first then after our deposit for the build is exhausted then that's when the bank comes in. So does that mean that we can call Beechwood now to start construction lol... buildingourhumblehome.blogspot.com.au go upvc window frames ensure insulation under colorbond. not just sarking, lighter color roof also not sure if you have seen this viewtopic.php?t=5823 last couple of pages… 4 110574 Even if it's not being sub-divided and you want to keep it as Torrens title, you will still need to talk to a town planner or Council themselves, to see if they will allow… 1 11039 |