• Is the builder licenced and qualified?

You can check a builder’s credentials through the Home Industry Association, The Department of Fair Trading and the Master Builders Association.

• Does the builder have insurance?

Avoid working with a builder with no insurance at all costs.  A builder must have indemnity insurance to protect you in the case of bankruptcy, injury or death of the builder.

• Can you see recent and current projects?

You can get a good idea of the builder’s work and quality of the building materials they use, by viewing their recent projects

• Can they provide you with a list of references?

A good builder will have many happy customers and by speaking directly to past clients, you can get a good insight into the builder’s work ethic.

• Is the land suitable for your home?

Check that your builder has surveyed the land to ensure that it is suitable for building on and communicates any issues with you.

• What are all the costs?

Thoroughly check your contract for any hidden costs and ask for clarity and amendments as required.

• How many other projects is your builder involved with?

Popular builders are not always the best option, sometimes they can be too busy to give your project all the attention it needs. A happy medium is a builder who doesn’t commit to too many projects at one time.

• How long will it take to complete the project?

Ask your builder for a time frame that stipulates when key phases of the project will be completed. Your expectations should meet the builder’s project plan and timeline.

Are you sick of handing over income from your investments directly to a Property Manager?

Use RealRenta instead and get your rental income paid directly into your Bank Account. See how easy it is!

Try RealRenta now for Free for up to 2 months and you will NEVER pay a Property Manager again: