The ALC Journey

We appreciate the importance of understanding what to expect when working with us. We’re committed to supporting you throughout the entire process, from the Expression of Interest to the final handover – mapping out every step of the pre-site and building journey so there are no surprises.

Step 1

Expression of interest

Complete and sign EOI
Pay a holding deposit
(This payment forms part of the land deposit and will be reflected on the Land Contract)

Step 2

Contract development

Land Contract and Build Contract are prepared
Client to notify Finance Broker of purchase and commence finance application

Step 3

Contract execution

Land Contract & Build Contract are:

Reviewed by Client’s Solicitor
Signed by the Client and returned to ALC
Contracts are executed
(Copies of executed Contracts are sent to the Finance Broker to progress the finance application and Client’s Solicitor)

Step 4

Finance approval

Confirmation of finance approval to be sent to ALC
Balance of Land Deposit paid to Vendor’s Solicitor’s or Agent’s Trust Account

Purchase Contracts are now unconditional.

ALC will notify the Builder when Land Settlement has occurred.

Step 5

Land settlement

Registered Titles: Client to settle on the land within 14 days of the contract becoming unconditional.
Unregistered Titles: Land Contracts remain unconditional until Land Titles are
released.
(Client to maintain their Finance Approval with their financier - refer to Finance Broker) ALC will notify the Builder when Land Settlement has occurred.

Step 1

PROGRESS CLAIM ISSUED

Builder issues Deposit Stage Progress Claim.

Step 2

Progress Claim Approved

Progress Claim to be approved by Client and sent to financier for processing or paid from available savings fund.

Step 3

Permit Application

Building Permit application is made.

Step 4

Obtain Approval

The Builder has up to 8 weeks to obtain full Council approval.

Step 5

Builder Commences

Builder initiates construction on the new property within 30 days of receiving council approval.

Step 1

Base / Slab Stage

Builder issues Base/Slab Stage progress claim invoice.
Progress claim to be approved by Client and sent to financier.

Step 2

Frame Stage

Builder reaches Frame Stage.
Builder issues Frame stage progress claim invoice.
Progress claim to be approved by Client and sent to financier for processing.

Step 3

Lock up Stage

Builder reaches Lock Up Stage.
Builder issues Lock Up Stage progress claim invoice.
Progress claim to be approved by Client and sent to financier for processing.

Step 4

Fixing / Fitout Stage

Builder reaches Fixing/Fitout Stage.
Builder Issues Fixing/Fitout Stage progress claim invoice.
Progress claim to be approved by Client and sent to financier for processing.

Step 5

Practical Completion Stage

Builder reaches Practical Completion Stage.
Independent Building Surveyor approves works and issues Occupancy Certificate.
Builder issues Practical Completion Stage progress claim invoice.
Progress claim to be approved by Client and sent to financier for processing.

Step 6

Building Inspection

Independent Building Inspector attends the property on behalf of the Client looking for any defects missed by the Builder.
Builder is allowed a 14-day Defect Period to rectify any items found by the Independent Building Inspector.

Step 7

Second Inspection

Independent Building Inspector returns after the 14-day Defect Period to certify repairs.

Step 8

Handover

Handover date is booked with application to be installed on the same day.

Either Client or Property Manager to collect keys.

Contract Process

Step 1

Base / Slab Stage

Builder issues Base/Slab Stage progress claim invoice.
Progress claim to be approved by Client and sent to financier.

Step 2

Frame Stage

Builder reaches Frame Stage.
Builder issues Frame stage progress claim invoice.
Progress claim to be approved by Client and sent to financier for processing.

Step 3

Lock up Stage

Builder reaches Lock Up Stage.
Builder issues Lock Up Stage progress claim invoice.
Progress claim to be approved by Client and sent to financier for processing.

Step 4

Fixing / Fitout Stage

Builder reaches Fixing/Fitout Stage.
Builder Issues Fixing/Fitout Stage progress claim invoice.
Progress claim to be approved by Client and sent to financier for processing.

Step 5

Practical Completion Stage

Builder reaches Practical Completion Stage.
Independent Building Surveyor approves works and issues Occupancy Certificate.
Builder issues Practical Completion Stage progress claim invoice.
Progress claim to be approved by Client and sent to financier for processing.

Step 6

Building Inspection

Independent Building Inspector attends the property on behalf of the Client looking for any defects missed by the Builder.
Builder is allowed a 14-day Defect Period to rectify any items found by the Independent Building Inspector.

Step 7

Second Inspection

Independent Building Inspector returns after the 14-day Defect Period to certify repairs.

Step 8

Handover

Handover date is booked with application to be installed on the same day.

Either Client or Property Manager to collect keys.

Pre - Construction

Step 1

Base / Slab Stage

Builder issues Base/Slab Stage progress claim invoice.
Progress claim to be approved by Client and sent to financier.

Step 2

Frame Stage

Builder reaches Frame Stage.
Builder issues Frame stage progress claim invoice.
Progress claim to be approved by Client and sent to financier for processing.

Step 3

Lock up Stage

Builder reaches Lock Up Stage.
Builder issues Lock Up Stage progress claim invoice.
Progress claim to be approved by Client and sent to financier for processing.

Step 4

Fixing / Fitout Stage

Builder reaches Fixing/Fitout Stage.
Builder Issues Fixing/Fitout Stage progress claim invoice.
Progress claim to be approved by Client and sent to financier for processing.

Step 5

Practical Completion Stage

Builder reaches Practical Completion Stage.
Independent Building Surveyor approves works and issues Occupancy Certificate.
Builder issues Practical Completion Stage progress claim invoice.
Progress claim to be approved by Client and sent to financier for processing.

Step 6

Building Inspection

Independent Building Inspector attends the property on behalf of the Client looking for any defects missed by the Builder.
Builder is allowed a 14-day Defect Period to rectify any items found by the Independent Building Inspector.

Step 7

Second Inspection

Independent Building Inspector returns after the 14-day Defect Period to certify repairs.

Step 8

Handover

Handover date is booked with application to be installed on the same day.

Either Client or Property Manager to collect keys.

Building Journey

Step 1

Base / Slab Stage

Builder issues Base/Slab Stage progress claim invoice.
Progress claim to be approved by Client and sent to financier.

Step 2

Frame Stage

Builder reaches Frame Stage.
Builder issues Frame stage progress claim invoice.
Progress claim to be approved by Client and sent to financier for processing.

Step 3

Lock up Stage

Builder reaches Lock Up Stage.
Builder issues Lock Up Stage progress claim invoice.
Progress claim to be approved by Client and sent to financier for processing.

Step 4

Fixing / Fitout Stage

Builder reaches Fixing/Fitout Stage.
Builder Issues Fixing/Fitout Stage progress claim invoice.
Progress claim to be approved by Client and sent to financier for processing.

Step 5

Practical Completion Stage

Builder reaches Practical Completion Stage.
Independent Building Surveyor approves works and issues Occupancy Certificate.
Builder issues Practical Completion Stage progress claim invoice.
Progress claim to be approved by Client and sent to financier for processing.

Step 6

Building Inspection

Independent Building Inspector attends the property on behalf of the Client looking for any defects missed by the Builder.
Builder is allowed a 14-day Defect Period to rectify any items found by the Independent Building Inspector.

Step 7

Second Inspection

Independent Building Inspector returns after the 14-day Defect Period to certify repairs.