Navigating the journey of constructing your dream home can be both exciting and overwhelming. As an experienced mortgage adviser, I am here to guide you through every step of the finance and building phases, ensuring a smooth and successful experience. Whether you're considering construction lending or a turn-key purchase, I provide personalised assistance tailored to your unique needs and goals.
Construction Lending
Construction lending involves financing the building process through progress payments. This type of loan requires a higher deposit and more investment upfront from clients, as funds are released in stages according to the progress of the construction. While this approach can provide greater control over the building process and potentially save costs, it comes with higher risks and financial commitments. I am here to help you navigate these complexities, offering expert advice and support to ensure you are well-prepared and confident in your decisions.
Turn-Key Purchase
A turn-key purchase offers a more straightforward and lower-risk option for new builds. With a turn-key agreement, you purchase a completed home at a fixed price, often requiring a lower deposit compared to construction lending. This option provides the convenience of moving into a finished home without the stress of managing the construction process. However, it’s important to note that the purchase price may be higher to account for the convenience and reduced risk. I will help you evaluate this option, ensuring you understand the benefits and trade-offs, and secure the best terms to suit your financial situation.
Comprehensive Support
Throughout the finance and building phases, my duty of care is to provide you with comprehensive support, highlighting all the risks and benefits of each option. I am committed to helping you make informed lending decisions that align with your long-term goals. Let me handle the complexities of the lending process, so you can focus on the exciting journey of building your new home.