Firstly, contact us. Once you agree to move forward your Betterway Homes consultant becomes your personal Project Manager or liaison officer throughout the entire process.
We take away the stress and save you time once the location had been selected. We source the land and help you choose a home to suit that block and your living needs. We prefer to create through our nominated builders a complete full turnkey House and Land package meaning nothing more to spend – inside or outside. And with construction choices to get you into a home faster for immediate living and enjoyment at a fixed price and quality that’s hard to beat.
Search our locations and find a House and Land package that may suit you. Many other choices are available. Whether you are an Investor, a First Home Buyer or simply looking to relocate we can accommodate your needs.
We specialise in First Home Buyers using the tax free government grant and big savings on stamp duty. With an offer of 100% Finance with Low Deposit on all of our House and Land packages through our nominated panel of independent professional mortgage consultants.
2. HOW MUCH CAN YOU BORROW? – GET YOUR FREE PRE FINANCE APPLICATION HERE.
Find out first what you really can afford to borrow saves wasting time, effort and disappointment. It’s important to know what your borrowing capacity is before you rush out looking at land and houses with unrealistic price expectations, or signing contracts to purchase and go through the buying process only to be rejected by the lenders because you can’t borrow the money.
Call us for assistance or simply complete our basic financial application form and a Mortgage Broker will advise on your expected borrowing amount. This enables you to choose a home and land that you are able to afford and be advised of the finance process towards home ownership. The mortgage and finance rates are very competitive and the 100% Finance No Deposit option could allow you to keep some or all of your current cash in the bank.
There is no charge to find out how much you can borrow. Click here to APPLY
Once you decide to proceed to home ownership you get a check list to provide all the documents required for your mortgage broker to nominate a suitable lender to provide your funding. For First Home Buyers Betterway Homes searches for the blocks of land for you to choose from. Once the land has been chosen you make a choice on the home then go to contract to purchase. The Mortgage Broker then secures the finance for you. This could take 3 – 5 weeks for final mortgage approval. You then take ownership of the land and the builder prepares for construction which generally takes approx. 4-6 months(depending on weather). Once completed, handover is completed and you move in.
3. SELECTING THE LAND, YOUR HOME AND BUILDER
About 99% of all the homes you see under construction the Buyer has signed a contract and secured finance to build it. It’s very rare for builders to build a number of homes and wait patiently for buyers to come along.
Therefore, it’s wise to go through the process of getting pre finance approval, acquiring the land then building on it. Depending on the type of home construction the process could take 6 months, or more as weather conditions plays a big part in any delays.
There are many House plans to choose from to suit your family’s specific requirements. Once you have chosen your location, the block of land, the house design and inclusions then the land and house construction contract is signed. The land settles first and you take ownership. Then the builder prepares to build the home and commences by formal application to Council
For the builder there is a lot involved which most people don’t realise such as; submit full Working Drawings and lodging a Building Application to Council and waiting for approval, Soil testing, Contour survey, Site inspection, what Site Works are required for the essential services and construction, Contract Documents, Engaging and coordinating the multiple tradespeople, Lodging progressive payment invoices to the lender, finally Liaising with Council to get final approval for occupation. However, it’s all part of the fixed price guarantee for your complete peace of mind.
4. CHOOSING YOUR FINISHES
One of the exciting aspects of building your own home is that you get to choose colours, fittings and fixtures to reflect your own family’s personality, tastes and needs. The builders have a full design selection to match colours and finishes and will leave you with a clear understanding of the home being built.
Having experienced hundreds of homes being built we realise that waiting for your new home can at times be anxious. That’s why you’ll have ongoing access to the professional team who will personally guide you through the process and provide expert advice.
A great range of the very latest products is available to choose from which means you can tailor your home perfectly with inclusions to suit your budget. Because at the end of the day it’s all about ensuring you are completely happy with the products you have selected in your new home!
5. BUILDING CHECKLIST AND CONTRACT
Depending on what type of home design and construction you have chosen with all your changes finalised the purchase contract is formally documented. Along with associated prices fixed (including the price of site works), working drawings and house plan, a detailed list of inclusions of the fixtures and fittings.
Then the builder will issue a construction contract. This provides you with an opportunity to check all your requests have been included. Your Consultant will go over the contract with you and address any questions you might have.
Once you are happy with the details and have accepted the New Home and inclusions list, this document will require your signature and will be countersigned by the builder before an original set is returned to you for your records. Copies of the house & Land contract will be sent to your conveyancing solicitor, Mortgage Broker and Lender.
6. APPROVAL TO BUILD
In accordance with your signed contract, and the 5% deposit of the total contract value has been paid by the Lender to your builder they will prepare and lodge the relevant applications for approval to the Local Council Authority.
The Lender will be notified once your builder has received your relevant approvals.
7. THE GREEN LIGHT
The construction of your new home can commence once the builder has received the necessary documentation and relevant council approvals. You are welcome to visit your new home throughout its construction.
You will be given contact details of your Building Supervisor and Construction Manager, both of whom are available to answer any questions you may have during construction.
8. HANDOVER TIME
‘Handover‘ takes place when when your home and land is finished with nothing more to be done, has been signed off by Council and ready for your occupation – your dream becomes a reality!
You will be invited to attend a ‘final walk-through’ inspection of your home with your Building Supervisor and will present you with the Keys to your new home and you can crack open the bubbly!
9. SETTLING INTO YOUR NEW HOME- Congratulations
You can rest assured that SmartWay Homes’ service to you will continue even after the construction process has finished. We are committed to helping you settle into your new home and to make this process a smooth and enjoyable one.
If you’re an Investor, we can screen a few local licensed letting agents and help you choose one to manage your property (Nearly all expenses are Tax Deductible). We can also recommend a certified accountant specialising in Taxation Savings through investment property ownership.
We are here to help.