It’s been a bumpy few months with our land registration, causing us a fair bit of stress. When we put our deposit down, we were told to expect registration and settlement in June 2017. Just fine with us, keep saving away and work on the house plans so they’re ready to go by then.
Fast forward to March 2017 and we had seen our land, street signs were up, services were in and everything seemed ready. Then we got an email saying registration would be “August-October 2017″….uh WTF?! What could need to be done still and how did it blow out so far?! Fast forward to the following week “sorry that was a mistake, should be May-June 2017”. Phew!
So the months keep ticking, by end of May the stage ahead of us was just registered and due to settle mid June. No news for us but I was confident any company would want their money ASAP so our land must be in progress and wouldn’t be staggered too far behind. Or not.
Tick tick tick…a call in late June just to say hey we’re on track for July registration but the land subdivision was still with council. Hmmm we’re definitely behind all the estimates now and starting to get nervous. We know we need 12 weeks absolute minimum from settlement to construction with Wisdom.
Finally today we got the call that our land has been lodged to LPI which means they will be creating the separate plans for each lot soon. Once our land is registered by LPI (hopefully 1-2 weeks) we should expect settlement 2 weeks later. My best case scenario now is we will have 11 weeks from settlement to our tender expiry so let’s hope Wisdom are kind to us!
None the less it’s a celebration day. We’re moving forward, we’re close to being land owners (and having a mortgage) and the dream house is one step closer.