Christmas is over and we’re all drifting, exhausted, towards the year’s finish line.
Good time for… filing paperwork!
There is only one thing worse than paperwork filing and that’s electronic paperwork filing. I have to get all the attachments out of emails and into the appropriate file on the hard drive. And, of course, I can’t tell which is what just by looking at a file name so I will have to open everything up, rename it and sort out where it’s supposed to go. Then what happens when the hard drive dies? I need to get it all onto the cloud somehow. I can’t even justify a trip to Office Works to get some fancy new stationary!
At this stage of the build you will be collecting so much paperwork that you will begin to think they may as well just send you the whole tree (and a variation to pay for the delivery plus builder’s margin).
The latest paperwork we received came with the CDC approval. These are the things you will need to send to your lender to get their final approval.
1. CDC/council approval. The builder needs to send you a copy of the Complying Development Certificate or council approval. We received a scanned copy via email and the original stamped plans by post.
2. Home Owners Warranty. This insurance is the “safety net” in case your builder cannot honour its commitments in the contract. For contracts over $20 000, the builder must provide you with home warranty insurance before taking any money from you and certainly before any work is carried out. It is very important that you check that all the details are correct and that it has been provided by an approved insurance agent. You can find out how to do that and read more information here:
3. Builder’s licence. The builder needs to provide you with a copy of their builder’s licence. It’s important that you check the licence is valid and current. You can do it online: Home builder’s licence check.
4. Builder’s insurance. The builder needs to show you they have insurance to cover all the horrible things that could go wrong. The builder should have:
- contract works insurance
- professional indemnity insurance
- public liability insurance
- workers compensation insurance
See NSW Fair Trading Insurance for more information.
5. Services connections letter. The builder should supply a letter from the Gas and Electricity provider showing that you will be connected to the services.