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This is the must-listen episode for every home buyer! We’re tackling one of the biggest questions in the industry: Will I get my deposit back if I decide to cancel? In this episode, we break down the answer and dive deep into what a Preliminary Works Agreement really entails, what’s covered in your Preliminary Fee, what work is completed as part of that fee, and whether it’s beneficial to pay this fee to multiple builders.
Timestamps:
1:48 - The basics of a “deposit” or a Preliminary Works Agreement
3:30 - What items are included or completed in return for my “deposit” / Prelim Fee?
9:21 - Will I get my money back if I don’t proceed with the Contract? 14:29 - Should I be paying a “deposit” or Prelim Fee to multiple builders to secure the best deal?
Join Australia’s most trusted new home education community
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Please leave us a 5 star rating on your podcast platform and share the show with others - thank you. Please consider subscribing too.
Got a question, topic idea or feedback?
Head to our website and leave your comments there > homebuildinghub.com.au or send an email to [email protected]
By Colin Bischof & Darren BrennanThis is the must-listen episode for every home buyer! We’re tackling one of the biggest questions in the industry: Will I get my deposit back if I decide to cancel? In this episode, we break down the answer and dive deep into what a Preliminary Works Agreement really entails, what’s covered in your Preliminary Fee, what work is completed as part of that fee, and whether it’s beneficial to pay this fee to multiple builders.
Timestamps:
1:48 - The basics of a “deposit” or a Preliminary Works Agreement
3:30 - What items are included or completed in return for my “deposit” / Prelim Fee?
9:21 - Will I get my money back if I don’t proceed with the Contract? 14:29 - Should I be paying a “deposit” or Prelim Fee to multiple builders to secure the best deal?
Join Australia’s most trusted new home education community
Liking the show?
Please leave us a 5 star rating on your podcast platform and share the show with others - thank you. Please consider subscribing too.
Got a question, topic idea or feedback?
Head to our website and leave your comments there > homebuildinghub.com.au or send an email to [email protected]

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