If you’re paying with your own funds For customers self-funding all or part of their build
If you are funding your build with your own money, the finance process involves fewer steps. Prior to construction commencing, we will issue your final reconciliation and progress payment schedule. These documents confirm your total build cost and outline the new total for each payment.
What we need from you Before we can begin construction, you will need to provide proof that you have sufficient funds to cover the total build cost. This can be shown with: → A current Australian bank statement or screenshot (no older than 30 days). The account must be in the name of at least one Building Contract signatory but cannot be in anyone’s name that is not a signatory. → For term deposits, the funds must be accessible before maturity to ensure prompt payment. → If using funds from a redraw account, you must provide a bank statement confirming the required funds are available. Please note, we cannot accept share portfolios and other investments as proof of funds.
Made with FlippingBook Publishing Software