Stage payments schedule?

S

sman

Registered User
Messages
134
Can someone tell me the typical 5 stages used for a timber frame build for mortgage payment release.
1. Preliminary costs/Substructure/foundations
2. ?
3. ?
4. ?
5. ?

Say 12 weeks before building, a deposit of 33% needs to be paid to timber frame company. Can this be included in the first stage?

Thanks
 
Ours came from a combination of the builders requirements and the engineers report to the lender. We didnt have much input.
 
can you tell me at what stages the architect signed off work?
 
we had 5 stages, each were signed off by the architect

stage 1: site clearance +foundations
2: timber frame house erection
3. first fix
4: 2nd fix
5. snag



sman said:
can you tell me at what stages the architect signed off work?
Click to expand...
 
1. Site Clearance and Foundations 25%
2. Blockwork 12.5%
3. Roofing 25%
4. Plumbing and Electrical 1st fix 20%
5. Plumbing and Electrical 2nd Fix 12.5%
6. Snag 5%
 
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