Not asking for fixed-rate build contracts
A fixed-rate build contract is a type of home-building agreement that guarantees you a set price for your home. Different builders will set up their pricing in different ways. For example, the materials and labour may be kept separate or it can be all-inclusive. You may find separate costings for other services like plumbing, electrical, site preparation and more.
But the main thing is that you have a clear idea of all the costs before the building starts. There are always costs outside of your builder’s control, such as finance and government charges. Even landscaping is often not included, but you can ask your builder for an estimate of these costs so that you’re clear on what you’ll need to pay.
Not researching the building company
Before you can select a builder, it’s important to do your research. You want to make sure they have the credentials and experience necessary to complete your project on time and within budget. It’s also important that you check their reputation in the area, and this can be done quite easily through online sources and social media.
You can also ask about references from previous clients, and use your own network of trusted colleagues and friends to help make your choice easier. If people you know have had a good or bad experience with certain builders, they’ll usually be happy to let you know.
Choosing a builder with poor communication
A lot of building horror stories start with poor communication. Builders not being available, not returning calls, and not responding to emails are all examples of this. You can sometimes get a feel for this right from day one. If the builder is easy to contact and communicative, it’s a good sign (although not a guarantee) that they will remain contactable.
It’s not too much to expect that home builders want to know how a build is progressing. So, in your early conversations with your builder, try to assess whether their communication is up to your standard. There’s nothing worse than being left in the dark once a building contract is signed because it causes additional stress that you really don’t need.
