Buyers Guide

Before making the final decision to buy, speak with a financial advisor to understand your options.

Although this process differs slightly depending on what you’re buying, generally you will be asked to sign a contract and provide a deposit when your finance is approved. Before you sign, you should have a solicitor look over the contract.

Keep in mind that there are fees involved in buying a house, including government stamp duty, property searches, legal fees, mortgage insurance and finance loan fees. One of our Sales Consultants can help you understand which extra costs you need to pay.

Once finance is approved and the conditions of your contract are met, your contract becomes ‘unconditional’. This means you’re able to proceed with the contract. Your solicitor now needs to inform our solicitor of this on your behalf.

To maintain standards in your Lendlease Community and protect your investment, all homes must comply with the Design Guidelines. Spec homes and home and land packages can be pre-approved, but generally the builder will need to submit your plans to our Design Support Team for approval.

The time between when you sign your contract and settlement can vary. We’ll send you regular project updates to your email inbox to let you know how things are progressing. During this time, we’ll also send you updates about our community and events to help you get excited about your new home.

Things are really happening now! Make sure you put your settlement date in your diary.

On the settlement day, you need to pay the remaining balance of your purchase. To avoid any disappointing delays, make sure that funds are available from your financial institution before your settlement date.

Once all the relevant mortgage documents are signed, the land title will be transferred into your name.

Now that your block of land is registered and your plans are approved by our Design Support Team, your builder will then submit the plans for building works and plumbing approval. Once approved, the builder can start construction.

Most builders require progress payments, usually at five stages: slab down, frame up, roof on, lock-up and practical completion. Your financial institution can arrange these payments for you.

Safety is very important during the construction process. Your builder must comply with workplace health and safety regulations, and they’ll let you know when it is safe to go on-site. It’s important that you don’t take a sneak peak during construction without your builder present!

Your builder should keep in regular contact with you during the build, but you can always Contact Us if you have questions

Your home is now ready, and it’s time to move in. At Lendlease, we know that moving into your new home is exciting, and we want to make your welcome memorable.