6 Steps Brochure

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Step 3

The Building Contract

The Tender

Your Part Before the meeting you should:

Our Part A member of our customer service team will be in touch to arrange a tender appointment at: Clarendon Homes Office 21 Solent Circuit, Norwest 2153 During the meeting we will confirm your site costs (based on the information received from the site inspections/surveys) and cover any changes and questions you might have. Once you’ve accepted your tender we’ll provide you with colour selection information and a sample copy of the HIA building agreement.

Your Part As you prepare for the meeting, you should: Make notes on any changes you might like to consider for your new home Make final decisions on your plans based on your budget At the meeting you will talk to one of our Construction Finance Managers who will tell you exactly which loan documents you require. You can also use this service for arranging your finance from start to finish Submit all final structural changes so we can prepare your architectural drawings

Our Part Now that your new home tender has been accepted we will... Prepare a full set of architectural drawings of your new home and prepare a building contract, which includes your contract tender, with accurate pricing on any variations you have made to your home. A member of our Customer Service team will be in touch to arrange your contract appointment.

Obtain a copy of your conditional approval from your lender or use one of our construction Finance Managers to organise your loan Gather ownership details of your land for the Council application Prepare to sign the building contract Ensure all signatories can attend the appointment At the meeting you will meet with one of our Construction Finance Managers to discuss the progress of your loan. At this stage, it’s important you’ve started the loan application process with your chosen lender.

Note: The tender appointment is approximately two hours long.

Note: The contract appointment is approximately two hours long.

Payments Required

Balance of $5,000 due as acceptance of your new home tender (balance less previous payment).

Don’t forget: This is your final chance to make any structural changes to your home. Any structural changes from the acceptance of your tender will unfortunately incur a re-draw fee.

Payments Required

5% deposit required for registered and unregistered land minus any deposit paid to date.

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