Right Angle Group

Contingency = the last beer in the fridge. 🍺

Lenders guard it like it’s sacred… but they will let you have a sip if there’s still 5% left in the kitty, and once the project’s complete, they’ll usually hand over whatever’s left

Can a cost-plus contract be funded?

Yes — but only if the right safeguards are in place: clear builder’s fees, experienced parties, bigger contingency, and strict QS oversight. Fixed-price is still the gold standard, but cost-plus can work when structured properly.

Refer to the full article here; https://mailchi.mp/[ # # # # # #]/cost-plus-contracts-can-they-be-funded

Seeing more postcode restrictions creep into co-living finance—especially in outer metro and some regional areas. Lenders are capping LVRs or pulling out altogether in spots that feel saturated. Worth checking upfront before you go too far into feasibility.