Thinking of becoming an owner builder?

Being an owner builder isn't something anyone should enter into lightly. It might seem like a romantic and money saving option - you get to build or renovate the house of your dreams the way you want for less, but not many people realise it takes considerable time and effort, and if it's not planned and done properly, it can prove costly. Archicentre says some renovators can pay up to 60% to 80% more for their renovations because they fail to tender the projects properly.

Yet this does not stop thousands of Australians becoming owner builders. In Victoria alone, there were more than 23,000 owner builder permits issued in 2009. Figures from Archicentre show that on average, Australians are spending more than $3 billion a year on renovations.

There are essentially 2 reasons why people decide to become owner builders - to save money and have greater control over the job. With careful planning and the right advice, becoming an owner builder can be a very satisfying and cost-effective way of renovating or building your home.

That's where the owner builder system comes in. The owner builder system has been designed by builders for owner builders and the definitive DIY management tool for owner builders in Australia.

It was developed to assist new builders and renovators control costings and payment to trades and suppliers and provides a step by step guide for the smooth progress of your home project from start to finish. In addition, by using the owner builder system, you can save up to 30% off the cost of even the cheapest fixed-price builder's quote for exactly the same house! Major renovations can save up to 50% off the cost.

Owner builder finance is also available and Intellichoice is proud to announce they are the only company in Australia to offer owner builder finance of 80% of end market valuefor your property. The mortgage brokers at Intellichoice can offer owner builder finance of 80% of the land and 100% of construction instead of 50% of hard costs that most banks insist on.

To find out more about the owner builder system or if you require owner builder finance or a construction loan for your renovations, speak to one of the mortgage brokers at Intellichoice today on 1300 55 10 45.