Blog

With interest rates staying low and expected to remain low all year there is going to be a few unexpected casualties. The most important is the cost to build a home is set to rise. This is going to happen for a few reasons; The Australian dollar is becoming weaker. This directly...

It is a well known fact that building a home during a construction boom time costs you more than if you were to build during a recession. The reason is fairly simple …. supply and demand! When interest rates are at the lowest levels ever then of course this stimulates the...

It is that time of year again. Builders are frantically trying to finish off projects. Owners trying to get them finished so they can take advantage of holidays to put on the finishing touches. You know the drill… 2014 has been a real turn around for both domestic and...

If you think getting finance to be an owner builder will be simple then you had better think again. If you already have good equity in an existing home and you can use this as security then you will probably qualify for a loan to owner build. Too many would-be owner builders I...

If you are planning your building project then don’t fall into the trap of thinking that getting your plans drawn is all the planning you need to do. WRONG! Building a home has many pitfalls. The biggest trap I see is when owners get really excited about designing and then...

Owner Builder Loans are difficult to get approved because banks see owner builders as a big risk. Banks have very good reasons for regarding owner builders as high risk because of the well documented history of failures. Owner Builders generally don’t have construction...

How to get an Owner Builder Loan I have had many clients come to me after unsuccessfully trying to get an owner builder loan from their bank or lending institution. The bad news is that lenders regard owner builders as high risk as the finished home is used as the security whilst...