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ARTICLE · 06 NOVEMBER 2016

When building the dream home becomes a nightmare

An increase in building rates may mean increased disputes between builders and clients.

AustraliaReal Estate and Construction

Comsec released their quarterly State of the States report this week confirming what many of us were suspecting: Sydney is building...big time.

In NSW, construction work completed in the June quarter was up 20.6% on the decade average and was 12.7% higher than it was a year ago.

Unfortunately, an increase in building rates may mean increased disputes between builders and clients. Building or renovating your own home is an exciting, creative and often once in a lifetime experience. Given the importance of such an event, it is extremely worthwhile having an understanding of what to do if things go wrong.

During the course of a build, it is not hard to imagine how disputes and disagreements between a client and builder may arise. If a builder believes they are entitled to a certain payment under the contract, and a client disagrees, the parties may find themselves at loggerheads. This scenario is all too common in residential building disputes.

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