Want a warm, efficient new home without a cold shock at settlement? We pull back the curtain on how lenders actually assess build loans and what it takes to move from signed contract to keys in hand. From contingencies and valuations to approval timelines, we share the practical steps that keep your project funded and on track.We start with the three main build paths—turnkey, housing under construction with progressive payments, and labour‑only—and spell out the real trade‑offs. Turnkey can be simpler for renters with a small upfront payment and a larger balance on completion, but it’s exposed to market shifts and requires registered valuations at the start and finish. Progressive payments spread the build risk but can strain cashflow as rent and interest overlap. Labour‑only offers control and potential savings for experienced builders, yet lenders often cap LVRs and scrutinise income, time off tools, and detailed cost schedules.We also get tactical about approval strategy and risk control. Securing up to 12 months of approval can reduce admin while the site progresses, but life events and new debts can change your numbers, so steady finances and continued saving matter. Valuation discipline sits at the centre: promotions like a $10k furniture voucher can be deducted from value by some banks, turning a perk into a shortfall. We outline how to structure contracts, document contingencies of 5–10 percent, prepare milestone drawdowns, and plan buffers for materials and labour movements.If you’re weighing a new build in New Zealand, this conversation is your blueprint for smarter lending decisions. Hear how to avoid settlement surprises, use RBNZ new build LVR settings to your advantage, and choose the build structure that fits your budget, timeline, and risk tolerance. If the insights help, follow the show, share it with a mate who’s building, and leave a quick review so more Kiwis can build with confidence.Send us a text Support the showBuy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72

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