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Posts Tagged ‘newhomes’

Obligations on NSW Owner Builders

Owner Builder Warranty Is No Longer Available in NSW
Insurance under the Home Building Compensation Fund is no longer available for owner-builder work done by an owner-builder.

Owner-builders who sell properties built under owner-builder permits are no longer required to provide insurance to the subsequent purchaser.

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“After stepping into the investment market a few years ago we didn’t look deeply enough into a property inspection report and while not unhappy with this first purchase in the ACT, we look back thinking how good an independent property inspection  would have been. Now we are going into investment property number two and engaged Surety Property Group to do a Property Report in NSW. Thank god we did. Bruce, Sharlene and the guys were extremely thorough and looked to have saved us from a very expensive purchase (in excess of $25k). Money well spent I say. Great job and thanks team.”

Chris Knight, South Coast buyer

“Thanks for the report and great service from you guys.  And as I said on the phone, I particularly want to thank Surety.  The team was really knowledgeable, thorough, thoughtful, and a lovely as well. It is also a great load off my mind to know I don’t have termites!”

Mishael Jay, ACT Home Owner

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Property Works Pty Ltd Trading As Surety Property ABN 81 097 333 849
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