Long Property

Pre-fab, forecast to triple within 10 years

Certain lenders are now expanding their policies to include construction finance for pre-fabricated (pre-fab) dwellings. Traditionally, lenders have only financed ‘ground-up’ construction, requiring builders to follow a staged payment structure tied to progress on-site (where the lender has security). However, with the growing adoption of pre-fab construction – CBA forecasts the sector to triple over […]

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