Terms & Conditions
HOUSE AND LAND PACKAGE
Images advertised are for illustrative purposes only. Photographs, elevations and floor plans may not be truly representative of final designs. Some fixtures, features and landscaping may not be supplied by the builder, please call the agent for full information. The land advertised in this package is not owned by B1 Homes and can be purchased directly from the Developer/Owner. The land may no longer be available at the time of your enquiry and may be sold by the owner without notice. B1 Homes may receive a marketing referral from the Developer/Owner of the land and this may or may not be credited towards the house and land package. B1 Homes have authority by the land owner to include the land price for demonstration purposes only. B1 Homes works closely with the Developer and/or their Selling Agent and will gladly assist to offer a similar sized & priced lot and the package prices adjusted accordingly. The house design may vary to comply with design guidelines, DAP’s, estate covenants or any other land developer requirements. Any cost associations for the changes that might be needed will be paid for by the purchaser. A Lump Sum Build Contract (LSBC) contract will be entered into with B1 Homes for the home construction and site works, and a separate land contract must be entered into with the partnered developer as B1 Homes do not own the land.
HOUSE AND LAND PACKAGE PRICING
Home Loan applications are subject to lenders approval. This is a guide only and each application needs to be assessed to ensure it is in the best interest of the borrower and their circumstances. Repayments are based on the house and land package purchase price minus 6% deposit and $10,000 First Home Owners Grant. First Homers grant is subject to approval by Office of State Revenue WA. Loan Repayments are based on a principle and interest repayment First Home Owner loan Variable Rate of 5.04% The interest rate is effective 12/01/2023 and is subject to change. Lenders Mortgage Insurance has been included, other fees & charges may be required.
B1 BE SURE GUARANTEE
12 Month Price Hold Period
B1 Homes will hold the price of the home for 12 months for all owners who have authorised a PPA on or after 1 October 2023. The owners will need to complete their Prestart meeting and provide B1 Homes with their Authorised Building Contract (including all variations), unconditional finance approval, confirmation of Land Settlement showing the Certificate of Title in the Owner’s name/names and all requirements to ensure the Builder can obtain Local Government, Water and Developer approvals within 6 months of PPA signing. The Price Hold Guarantee applies to the home and its inclusions but does not apply to any Provisional Sum items or unforeseen costs that are unable to be finalised at either the time of signing the PPA or Contract.
12 Month Build Guarantee
B1 Homes commits to a 12 Month Build Guarantee (52 Business Weeks) for all standard base model homes with a Contract value of $300,000 or less, that do not require structural changes for approval compliance or any other reasons. The Build Guarantee excludes internal and external finishing items. 52 Business Weeks construction timeline is calculated from completion of the slab pour to the date of the Practical Completion inspection. A business week excludes public holidays, the Christmas closure and any other closure that impacts the Construction Industry. Any delays on site caused by the Owner, including but not limited to late payments, will void this offer.
12 Month Maintenance Period
B1 Homes extends its standard Maintenance Period, otherwise known as the Building Defect Liability Period, to 12 months from the date of Practical completion. The 12 Month Maintenance Period will cover Faulty and Defective Workmanship that occurs during construction and only becomes apparent after Key Handover has occurred. It is the Owner’s responsibility to report such defects to the Builder within 12 months of Practical Completion of the home.
RENT CONVERTER
B1 Homes is not the owner of the land. B1 Homes has permission from the owner of the land to advertise this House & Land package at the specified price. The land at the time of inquiry may no longer be available. Images and floorplans are shown for illustration purposes only. For detailed pricing please speak to a Sales Consultant for further details. June 2022. Price applicable to Perth Metro area only. B1 Homes reserves the right to review validity of the offer upon submission and acceptance of the project. All inclusions are subject to change without further notice. Some elevations features may be included. Images are for illustrative purposes only. BC14299. June 2022.
FACEBOOK CAMPAIGNS –
Be Free:
This promotional offer, known as the Be Free Rent Converter Promotion, is provided for informational purposes only. No commitment is made regarding the accuracy or reliability of the information presented herein. The information offered is based on the rent amount provided by the purchaser. Please note that certain assumptions have been made in generating this information, and these assumptions will impact the weekly repayment calculation, as well as the terms of the associated financial offer. These terms may include, but are not limited to, the interest rate, required deposit, insurance, fees, charges, lender policies, and overall suitability for the loan.
It is strongly recommended that purchasers conduct their own research, seek independent advice, and assess the suitability, availability, and reliability of the information provided before making any purchasing decisions. Purchasers should be aware that repayments may fluctuate due to various factors and should only use the provided figures as a general guideline.
Home loan applications will be processed by a finance broker, who may be wholly or partially independent of B1 Homes. It is important to note that the financier upon which the repayments are based has no affiliation or formal arrangement with B1 Homes. Home loan applications are subject to the approval of the lender. The information provided here is intended as a guide only, and each application must be evaluated individually to ensure that it is in the best interest of the borrower and aligned with their unique circumstances.
Additionally, the eligibility for the First Home Owners Grant (FHOG) is subject to approval by the Office of State Revenue WA. Reduced deposit options are contingent upon meeting the eligibility criteria for the First Home Owners Grant. In the event that a purchaser is unable to obtain FHOG or financing through this promotion but secures alternative financing through other means, the sales agreement (HIA Contract) will remain active and legally enforceable.
This disclaimer and legal notice serve to clarify the terms and conditions associated with the Be Free Rent Converter Promotion, protecting the interests of all parties involved. It is essential to carefully review and understand these terms before proceeding with any financial decisions or agreements.
BE SURE
FIFO HOUSE & LAND
Home Loan applications are subject to lenders approval. This is a guide only and each application needs to be assessed to ensure it is in the best interest of the borrower and their circumstances. Repayments are based on the house and land package purchase price minus 10% deposit. Loan Repayments are based on a principle and interest repayment First Home Owner loan Variable Rate of 5.04% The interest rate is effective 12/01/2023 and is subject to change. Lenders Mortgage Insurance has been included, other fees & charges may be required. The Comparison rate of 5.05% is calculated on the statutory assumption of a $150,000 loan over 25 years. Warning: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. All finance services provided by SPG Finance Pty Ltd, Australian Credit Licence No. 390261
PRIVACY
B1 Homes respects your privacy and the confidentiality and security of personal information provided by you to us. How we handle your personal information is explained in our Privacy Policy at www.b1homes.com.au/privacy-policy.
