Is the builder NHBRC registered ? As a purchaser is your responsibility to ensure that your builder contractor is registered with NHBRC. The bank requires a valid National Home Builders Registration Council certificate to finance the build.
What is the schedule of finishes? You must provide an itemized document detailing exactly what materials, fixtures, and appliances will be used.
Are your building plans approved? You will need the approved plans from the local municipality.
Do you have a signed building contract? The bank needs a formal contract between you and the builder outlining costs and timelines.
Are the municipal services available? Does the land currently have access to water, sewerage, and electricity connections?
