Bank Finance Report
Our client approached us requesting a bank finance report. This is a new document required for every construction project requiring finance, one of the many recommendations from the Banking Royal Commission. Typically, Bank Finance Reports are an independent assessment of the builder to ensure they have not been bankrupt, it also ensures the project cost is a fair and accurate cost using market rates.
The project is a 4 x bedroom new house in Ashwood VIC which is 14km from Melbourne CBD.
We prepared the report within 3 days preventing further delays in the construction process resulting in a happy client who was able to commence the build.