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 6.3% The interest rate is effective 18/01/2024 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
KEY MILESTONES AND SPECIAL CONDITIONS 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
KEY MILESTONES & SPECIAL CONDITIONS: B1 Homes commits to a 12 Month Build Guarantee (52 Business Weeks) for standard base model homes with no structural changes. Contract value of up to $300,000.00 including GST. The Build Guarantee excludes homes with Turn Key items (internal wall painting, main area floor coverings, bedroom floor coverings, window treatments, landscaping, additional paving and fencing). 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.
EFFECT OF BREACH OF THE GUARANTEE BUILD TIME: If the Guarantee is not met, B1 Homes will pay you $400 for each complete week from the expiration of the Guaranteed time-frame, until the day the construction of the house concludes, for a maximum of 10 weeks. Such payment will be the full extent of B1 Homes’ liability to you for failing to meet the Guarantee. Penalty payments will be deducted from the final progress payment.
12 Month Maintenance Period
KEY MILESTONES & SPECIAL CONDITIONS: 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 –
BECKER BONUS
- Only available to selected house & land packages.
- No structural changes to standard floor plans.
- $3,000 deposit and initial build documents must be signed prior to April 30, 2024 to qualify.
BE READY
The offer (Be Ready or other similar “Completed Home”) offer is contingent upon the following taking place.
- Sale period is between 1st March and 1st April, unless extended by the builder.
- The buyer acknowledges and agrees that Structural Changes, whether by choice or requirement of Shire/Developer/Engineer can not be made to the home, either prior to purchase, or subsequent to purchase during either Pre Contract, Contract or Construction periods.
- Land Titles for the block of land accompanying the home purchase, must be either titled at the time of purchase, or within 6 weeks of Purchase. Delayed issuance of Titles will not be the responsibility of the builder and will cause the offer to void, at which time regular retail pricing will apply
- Finance Eligibility will be as follows:
- For Purchase Acceptance – Letter of Eligibility stating that Finance can be obtained immediately, and within the current package price/client financial position.
- After HIA Contract Issuance – Formal Finance Approval must be obtained within 45 Working Days.
- No Other Offer or promotion can be used in conjunction of this offer
For the avoidance of doubt – “Purchase” is the point of Preliminary Agreement and Preliminary Works Fee is paid. Should circumstances change, at any point, which would preclude the purchaser from receiving the promotional offer, the purchaser acknowledges that they will still be bound to all other obligations within the purchase agreement.
B1 Homes reserves the right to cancel, suspend or otherwise modify the offer, either in part or in its entirety at any point.
Promotional offer includes:
- Phoenix (Bespoke Specification) Home
- Vinyl Roll Flooring to all areas except Bathrooms/Laundry/Bedrooms/Home Theatre/Home Office
- Builders Standard Range Carpet including standard underlay, to Bedrooms/Home Theatre/Home Office
- 900mm Gas Hotplate, Electric Oven and Rangehood
3K UNDERWAY
Home Loan Applications will be facilitated by a Finance Broker either wholly or partially independent of B1 Homes, the financier “Keystart Pty Ltd” has no affiliation or arrangement with B1 Homes at all. 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. First Home Owners grant is subject to approval by Office of State Revenue WA. Reduced deposits are subject to eligibility of First Home Owners Grant. Should a purchaser fail to obtain FHOG, Finance, or otherwise be unable to participate in the offer, but be able to obtain finance through other means, the sales Agreement (HIA Contract) will be considered active and enforceable.
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 6.3% The interest rate is effective 18/01/2024 and is subject to change. Lenders Mortgage Insurance has been included, other fees & charges may be required. The Comparison rate of 6.85% 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.
