Our Guide to Building Your First Home
We’ve seen a massive increase in the number of home builders this past financial year. With schemes like HomeBuilder and FHLDS, Brisbane aspiring home owners have been taking their chance to build their first home!
If you have been thinking about building your first home, take a look at our guide to getting started.
1) Organise Your Finance & Budget
Building a home is likely to be one of the biggest financial decisions of your life, so it pays to do your homework!
You should get in touch with a mortgage broker to help you establish your home loan borrowing capacity and potentially obtain a finance pre-approval from a suitable lender.
Use the contact form on this page, and one of our trusted specialists from Brisbane Home Loans will call you to discuss everything you need to know and set up a plan for your build.
2) Choose Your Builder
Like we said, building your home is a major financial decision, so it is important to make sure that you choose a quality, experienced and reliable builder.
Make sure to choose a builder, or building company, with good customer reviews and longevity. There are builders who specialize in certain types of builds, i.e., house and land packages, which you may want to consider as well.
3) Choose Your Location
Some important things to consider when you are deciding where you want to build your home include:
- What facilities do you need to be nearby? (i.e., schools, shops, workplaces, doctors’ offices, etc.)
- What kind of area will best suit you and/or your family’s lifestyle?
- Are you going to build in a new estate or an established area?
Once you have chosen the perfect location, you should get in touch with a house and land specialist who will assist you with locating a quality a block of land on a suitable site.
Working with a builder that specializes in house and land packages means they are able to work closely with land developers and leverage their buying power to secure better locations at a better price.
4) Secure Your Land
It is important to secure the right block of land as it can have an influence on important aspects of your build, like positioning, site works, design and cost.
You and your builder will work together to secure a block of land that is suitable to build on, and avoid any problems such as improper soil and sloping.
5) Choose Your Home Design
There are so many home designs on offer, that it can be hard to make the right decision.
You will want to choose a design that suits your current and future lifestyle needs. A good design is functional, energy-efficient, and not overly complicated. Although it is great to be unique in your design, be sure no to make it impractical as it could be harder to sell later down the track.
Display homes are a really good way to get an idea of what you’re looking for. Remember to take photos and take note of the furniture details so you can come back to them. Another great way to get inspired is to create a mood board. You can continue to add your ideas and favourite items as you find them and displaying your mood board where you can see it every day is a great way to stay focused on your dream.
6) Sign Your Contract
Before you sign ANYTHING you should seek the advice of a solicitor. They will read over the contract and make sure everything is in order and there are no nasty surprises. The team at A.L.F Lawyers specialize in property conveyancing and can help you go over everything you need to know before committing.
7) Prepare, Monitor and Inspect
Preparation of your block, also referred to as ‘siteworks’, includes things like flattening, levelling and stabilizing the land.
If you’re managing the building process yourself, you will be liable to cover these costs, so you should ensure you have budgeted accordingly. However, if you have decided to go with a house and land package, the siteworks are usually included.
It is important that you monitor the progress of your build to ensure that the necessary milestones are being met and raise any issues with your builder.
At the final inspection, you must make sure you check your home thoroughly for any defects. It may be a good idea to engage a professional building inspector to perform the final check to make sure you are completely at ease of mind and have legal protection.
If you are happy with the condition of your home, you will receive a certificate of practical completion, along with any other relevant documents.
8) Collect Your Keys
The most exciting part of the journey! Moving into your brand-new home and making it your own is all the fun! Don’t forget to share your milestones on social media and mention all the amazing people and companies that helped you along the way!
Why Choose Brisbane Home Loans
You're In Good Hands
Brisbane Home Loans is all about good old fashioned personal service without exception.
We Find The Right Deal For You
We take the time to listen to your needs and then search the market for the best products that satisfies your needs at the lowest possible cost to you.
We continue to work for you after the deal is finished, ensuring that we asess any new offers that become available which may improve your current deal.
One Stop Lending
We give our clients access to Personal Loans, Home Loans, Investment Loans and Commercial Loans. You always only deal with on person for all your lending services.
How We Work With Our Clients
We can meet clients in our office, in their home, their office or the local coffee shop. Our initial interview will helps us understand the clients needs in the short, medium and long term so that we can find the best possible lender for your loan.
The world of financing continues to be more and more complicated. Our Lenders have experience in finding the right product to meet the specific needs of each of our clients. During this phase, we identify two to three options that may be suitable.
Our Lending Specialists will present to you a number of options available outlining the differences, benefits and downfalls of each option presented. Our preferred option and reasons why, we consider this the best fit for you will be clearly explained.
Our Lending Specialists work with our clients to have all documentsation signed, submitted to the lending institution and processed through to approval.
We pride outselves on client service which is why our Lending Specialists establish a reasonable review timeframe where they touch base with our Clients to ensure everything is working as planned. During this review, the client is made aware of any new financing options in the market.
Brisbane Home Loans is not about one off loans. We truly care about our clients, which is why we stand by their side beyond the completion of the loan.
Being Our First Home It Was Great Having The Knowledge of Daniel & The team at Brisbane Home
We have been working with Daniel and the team at Brisbane Home Loans for the purchase of our first home, being first home buyers it has been great having the knowledge of Daniel & the team at Brisbane Home Loans to support us. We can’t thank them enough for their support and making themselves available to answer all of our questions. I’d highly recommend Brisbane Home Loans.
We Saved More Than 1% On Our Existing Home Loans
We didn’t realize how important it was to review our home load until we engaged with Daniel and Jordan at Brisbane Home Loans. They helped in submitting our application which resulted in a saving of over 1% in interest on our loans, plus a reduction in our on going bank fees. I would recommend this business and thank Daniel and Jordan for making the process so easy.
Sam and Nicky
It was Our First Home and We had No Idea. Thanks to The Team From Brisbane Home Loans
Daniel and the team at Brisbane Home Loans were super helpful and friendly to me as it was my first home loan and I had no idea! They answered all my questions and were very hardworking. Would definitely recommend to a friend.
They Made Buying Our First Home Easy and Fun. Thanks
The team at Brisbane Home loans have been super helpful and extremely professional to assist us with all our first home questions.
will be recommending them to everyone I know looking to buy!
Thanks for Helping me Turn my Dream into a Reality
Service was great, very informative and kept me up to date on all progress and all steps. Follow up after it was all done and dusted was also great. Took the stress out of it which was a great help for my busy life. I would totally recommend Dan and Jordan to anyone.
Thanks for helping me get my dream into a reality.
Car Loan Approved In Less Than 3 Hours – So Wrapped
I could not believe how quickly Jordan was able to organise my car loan. He was so helpfull and I am truly greatfull.