We'll help you fund your new build or renovation

Building your dream home or undertaking major home renovations can be an exciting yet complex journey. At Flatmart, we specialise in helping clients in- Canley Vale, NSW, and across Australia access Construction Loan options from banks and lenders nationwide. These loans are designed to ease the financial burden of constructing a new home or improving an existing property. With our expertise, you can confidently navigate the world of construction loans, ensuring you secure the right financing to match your vision and circumstances.

Construction Loans offer unique benefits tailored to the needs of those embarking on a building project. One significant advantage is the progressive drawdown feature, which means you only pay interest on the loan amount that has been drawn down. This can be a cost-effective way to manage expenses, as interest is only charged on funds as they're needed for various stages of the project. Whether you're employing plumbers and electricians or paying sub-contractors, the loan amount is released in instalments aligned with your Progressive Payment Schedule. This ensures that funds are available when needed, without overextending your budget. Additionally, interest-only repayment options provide further flexibility during the construction phase.

Applying for a construction loan with Flatmart means benefiting from a streamlined application process. We understand the intricacies of council plans, permits, and council restrictions when it comes to building in your ideal location and within your price range. Our team assists with development applications and ensures that your project complies with local council regulations. Whether you plan to demolish an existing property or commence a new build on suitable land, we are here to support you every step of the way. Moreover, we help you prepare for Out of Contract Items not included in your initial budget, reducing unexpected financial surprises.

The ‘as if complete’ valuation is another critical element in securing a construction loan. This valuation estimates the property's worth once all construction milestones are met, including any additional payments required for major renovations or buying off the plan. It's essential to commence building within a set period from the Disclosure Date to maintain favourable terms. Our experts at Flatmart guide you through these requirements, ensuring that you make a plan that aligns with both your goals and lender expectations.

In summary, accessing Construction Loan options from banks and lenders across Australia can be an integral part of turning your construction dreams into reality. By collaborating with Flatmart, you ensure that every aspect from Progressive Drawing Fees to progress payments is managed efficiently. Our goal is to facilitate a smooth journey from planning to completion, taking into account council plans and permits, suitable land acquisition, and all other crucial factors. Reach out to us today to discuss how we can assist with your upcoming project and help you build confidently towards your future.