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Where am I? |
Sunset Hill DEV002 |
| On signature of building contract a Deposit of | 20% of agreed contract price i.e. unit price plus cost of agreed additional works |
| Upon completion of foundations | 10% |
| Upon completion to wall height | 10% |
| Upon completion of roof | 20% |
| House "lockable" i.e. windows and doors installed | 20% |
| Completed | 15% |
| Handover and occupation (maximum one month after occupation) | 5% Final payment |
| Note: The initial payment for a house purchased after construction has commenced will be the deposit plus payments in accordance with progress. Example, a house which has reached roof height at the time the contract is signed, the initial payment will be 60%. |