Building a new home is an exciting journey, but it’s essential to go through your building contract carefully to avoid unexpected costs. Many builders exclude certain items from their quotes, leaving homeowners to cover these expenses later. Knowing what to look for can save you time, money, and stress.
Here are some common exclusions that might not be included in your builder’s quote:
If these exclusions aren’t factored into your budget early, you could face unexpected costs at the end of your build. For example, properties in areas like Caboolture, Bellmere, or Morayfield often require landscaping to meet local standards, which can quickly add up.
Always ask your builder for a clear breakdown of what is and isn’t included in the contract. If you notice any of these common exclusions, plan ahead to cover these costs or discuss options to include them in your contract. Being prepared ensures your building journey is as smooth and stress-free as possible.
Building a home in Burpengary, Narangba, or North Lakes? Bribie Island Lending can help you secure the right construction loan to cover your project, including these often-overlooked extras. Our team provides guidance on budgeting and ensures you’re financially prepared for the journey ahead.
Email Mark at Mark@bribieislandlending.com.au to discuss your construction loan needs and start your building journey today!
We are based on the beautiful Queensland coast, between the Sunshine Coast & Brisbane and we offer a complimentary home loan broking service.
Make an appointment today for an obligation-free chat, to talk about what you need and how we can help.
*This article is general information only and does not constitute financial advice. Your personal circumstances will need to be assessed before any product or proposal is recommended. Mark Hind is an Authorised Credit Representative (ACR 519951) of Outsource Finance Pty Ltd, Australian Credit Licence 384324.
You've seen the ads a big, bold interest rate that looks incredibly competitive. But there's another number sitting quietly beside it that tells a very different story.
The RBA has lifted the cash rate to 4.35%, and most lenders are expected to pass it on. If you've got a mortgage in the Moreton Bay region, your repayments are likely going up.
When the Reserve Bank of Australia raises the cash rate, it can directly affect home loan interest rates and mortgage repayments.
Whether you're just starting to explore your options or ready to move Mark and the team are here to help. Get in touch for a no-obligation chat and find out what's possible for your situation.
