Pre-construction FAQs
Congratulations on starting your building journey! You’ve found your dream home and now it’s time for the fun to begin as you move through pre-construction.
During this busy time there is a lot to think about, and it’s important to start planning ahead. There are some things you need to do to prepare, and some things we’ll need your help with to make sure your build stays on track. Regardless of how far along you are in your pre-construction journey, keep reading for some advice to get construction ready and keep your job on track.
Get finance ready
Whether you’re ready to apply now or in a few months’ time, it pays to stay in regular contact with your finance broker. Make sure you know what’s required to get your finances in order and what the timeframe is. Ask questions about when you’ll be ready to apply for finance, how that aligns with your settlement date and ensure you’ve got a clear outline of anything you need to do in the meantime. From paying off debts to gathering pay slips, make sure you’ve got everything in time to ensure your build isn’t delayed unnecessarily.
TOP FINANCE TIPS TO STAY ON TRACK FOR APPROVAL
Don't take on any extra debt
It’s important that you keep your debts in order throughout your finance application process. Don’t take on any new car finance or credit card debts that might compromise your finance eligibility.
Don't touch your deposit
You’ve worked hard for it, resist the temptation to eat in to your savings and dwindle your deposit. Keep reminding yourself of how great you’ll feel when you get the keys to your new home and saving will all pay off!
Don't change jobs
Changing jobs and re-entering a probationary period can compromise your eligibility to apply for a home loan. It’s best to stay in the job you’re in if possible and keep your job record in line with your pre-approval.
Drawings and contracts
Drafts, drafts, drafts. Now that we’ve nailed your design, it’s important that you sign and return any drawings or contracts we send you as soon as possible once they’re issued to you. This means you’ll stay on track and we can get working on the next step.
Your home of online sections
Your Selections Consult is one of the highlights in your pre-construction journey! The best way to prepare is through My Building Hub, you should have already received an email to register.
Here you can view and select all the colours and finishes that will make your home a little more you (all from the comfort of your couch!) Click below to explore.
Know your land timeline
Did you purchase titled land? Waiting on land titles? Have a chat to your sales consultant to make sure you understand exactly when they’re expected. This will help you understand your overall build timeframe and any potential delays. Speak to your finance broker too, there might be some things you can do together to make sure you’re finance ready as soon as your land is titled!
Not sure where to start?
Stay in contact with your New Homes Consultant and Customer Experience Co-ordinator during this time. Ask questions, and don’t forget we’re here to guide you through the process. Pick up the phone or send an email if you have questions. There’s often lots happening in the background so they can provide updates and help you identify ways to get finance ready or prepare for your Selections Consult.
Have questions? Check out our handy FAQs for the facts on all things pre-construction