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All the latest news and information from Beechwood.

With property prices in Sydney and the rest of New South Wales falling, the banks copping it at the Royal Commission, and historically low interest rates starting to rise, lenders are putting the brakes on lending.

Lenders are concerned about incurring further reputational damage for approving loans that could quickly move into default, especially if interest rates start to rise. Lenders are also concerned that the property bubble may be starting to burst. In a rising property market, lenders can improve ‘iffy’ loans because if there is a default, the property can be sold at a profit and the bank will get its money back. But when the property market is in decline, if there is a default, the bank may not get all of its money back.

The above conditions are leading to lenders scrutinising loan applications closer than ever. Lending insiders suggest that approximately 25% of loans that were approved last year would be getting knocked back now.

With this in mind, there are a few useful tips to consider when making a loan application:

View your credit history

  1. It is very important to have a good credit history. More information is now available to potential lenders about borrowing candidates and lenders are able to obtain a better picture. If there are defaults, like the odd missed mobile phone payment, it would be a good idea to check that this has not impacted on your credit rating. You should obtain a copy of your credit history before applying for a loan. Making a loan application when there is a negative mark will likely lead to rejection and may make it harder to get a loan in the future.

Avoid job jumping

  1. Lenders want borrowers to have stable employment, because paying off a loan depends on having access to regular income. Red flags for lenders include a borrower changing jobs less than 6 months before applying for a loan or a jumpy employment history where people frequently move jobs every few years.

Avoid spontaneous spending

  1. Lenders are going through borrower’s bank statements with a fine tooth comb. They are looking closely to see where the money is going. Lenders want to see disposable income saved rather than excessive retail spending or out of budget impulse purchases. If you are looking to apply for a home loan, it would be a good idea to delay buying that pair of shoes or those golf clubs.

Avoid exaggerating on your application

  1. It is tempting to give a positive picture of our financial situation. However, the non-disclosure of liabilities or spending habits can lead to rejection if the lender finds out the position is not true. Given that lenders have access to more data than ever, there is every chance that the financier will find out if you tell the odd ‘porky’. What’s more, if the lender feels that you are not being up front with them, your application will go straight into the rejected pile no matter how good your financial position is. Once one lender rejects your application, it generally makes it harder to get approved by another lender.

Speak to a mortgage broker

Applying for a home loan is not something you do everyday. Get some help. Go and see a mortgage broker and get some advice. They tend to have a better picture of which loans will get approved by which lender. They may also be able to negotiate a better interest rate. But with any mortgage broker, make sure you ask how much you will have to pay for their service and whether they receive any commissions depending on the lender you go with.

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Bushfire is a major challenge for our communities, and hot summers coupled with strong winds are a major concern each bushfire season.

When building on bushfire prone land, there are considerations that go into the design and construction of the home.

Given that many new estates are located near or adjacent to bush land, Beechwood Homes are knowledgeable in building in bushfire prone areas and work closely with qualified consultants to ensure that additional needs are factored into design and construction.

In the aftermath of the Black Saturday Victorian bushfires in 2009, all Australian states have committed to policies to ensure Australian homes are built from materials that have the best possible chance of withstanding moderate bushfire exposure.

Further regulations as part of the Australian Standard AS 3959 have imposed specific zonings, called Bushfire Attack Levels. The Bushfire Attack Levels, or BALs, are a set of distinct material, design and construction specifications for each area in Australia according to their inherent threat of bushfire. These standards take into account the potential for ignition caused by burning embers, radiant heat or flame generated by a bushfire as well as the expected intensity of the bushfire attack on the building. Each BAL has been designed in consideration of the extreme weather and natural phenomena consistently encountered throughout Australia's variable landscape.

As a general rule, the closer your home is to bush land, the greater the chance that additional requirements will be needed. It is first necessary to determine a 'Bushfire Attack Level' for new homes near bush land.

The building requirements for house design and construction vary according to the bush fire attack level that a development falls into. The building requirements for each BAL are set out in Australian Standard: 3959 Construction of buildings in bushfire-prone areas 2009 (AS3959).

When building your new home with Beechwood Home, we work with consultants and local authorities to ensure your new home is being built to the correct BAL standard and will pass any complying requirements.

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Sea and Tree Changes are often a long-held dream for those living in higher density locations. The lure of a simpler lifestyle with more space and freedom is something we all we wish we could achieve but often dismiss as an unrealistic idea. Apprehensions about the lack of availability of employment, cultural, and educational opportunities can put many people off the thought of making a move to different pastures.

The good news is that in our modern context, we are now able to achieve ideal lifestyles in areas that are not in the conventional metropolitan areas. The South Coast of New South Wales is one perfect example of an area that can offer an excellent balance of lifestyle, affordability, and opportunity. Lower housing prices, easy access to coastal regions, and burgeoning areas of industry and employment are all draw cards to the South Coast, supporting the perfect mix of country freedoms and opportunities.

It is also an area that is committed to expanding these opportunities and growing their various communities in positive directions. Youth initiatives run by organisations such as the Surf Life Saving South Coast Branch and the Regional Development Office Australia South Coast promote inclusion, dedication, respect, and success through various programs, events, and competitions.

Employment opportunities are also well catered for in the South Coast area with the nearby city centres of Wollongong, Nowra, and Shoalhaven as well as many surrounding commercial and industrial areas.

Beechwood Homes are proud to build their quality homes on and around the South Coast of NSW, providing a beautiful and affordable alternative to city living. The fear of restricted opportunity should not dissuade you from considering a South Coast move as the area continues to flourish and develop in the key areas we all need to make a comfortable and positive life.

To check out the homes we have on offer in the South Coast area, take a look at our Home and Land packages or call us to today on 02 4423 0000.

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The team at Beechwood Homes have really outdone themselves raising funds for the Leukaemia Foundation during this year’s World’s Greatest Shave which has them currently placed in 6th position on the Top Fundraising Teams National Leaderboard.

The events took place in 3 locations with professional hairdressers, Jasmine Anderson (of Jasmine Anderson Hairdressing) and Brooke Lowe (of Lil Redz Hairdressing) donating their time and expertise.

For team captain, Beechwood’s General Manager Wayne Barton, the charity lies close to his heart, “I recently lost my father to Leukaemia. In in his final days I watched a man who I love, respect and admire suffer as a result of this horrible disease. As I stood by helplessly, I thought, what can I do to help him and the many others that are in the same situation? All I can do is hopefully raise some funds for research for more effective treatments and support for other families who are facing a similar situation to my own.”

The staff of Beechwood Homes, from all across NSW, rallied around Barton and his family to show their support. The team of 19 who signed up to shave, cut and colour their locks raised a staggering $21,000 by the day of the shave, far exceeding their initial goal of $5,000.

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Managing Director of Beechwood Homes, Vic Cavasinni generously offered for Beechwood Homes to match dollar-for-dollar all funds raised by the Beechwood Team by the day of the shave. Not only did he did  make this generous offer but he was also one of the members of the Beechwood Team who was brave and shaved his head.

Cavasinni stated, “I was so impressed with the efforts of all my staff, not just those who were brave but also those who gave generously and showed their support. It really does show that we are a tight-knit group. How could I not have the company support the team when the team supports the company?”

Contributing to Beechwood’s success were some of their suppliers: Beaumont Tiles, Trend Windows, Winnings Appliances, Antunes Lawyers, Austral Bricks, Nicsons Concrete, Costas, Savvas Leondas Enterprises Pty Ltd, Marando Solicitors, Redline Enterprises (Aust) Pty Ltd and Brickworks Building Products. Barton had also offered for the highest bidder to win the right to shave his head on the day. A bidding war between Beaumont Tiles and Trend Windows ensued, culminating with Beaumont winning the auction and shaving Barton’s head.

All in all, it was a great result for a great cause with the team raising a total of $48,214.44.

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Beechwood is a name that is synonymous with affordable, stylish, and comfortable family homes. We always aim to bring the best value option to families looking to build a new life in a brand new home but we also excel at providing a prestige option to those who are looking for a little more luxury.

Our Acreage and Estate ranges represent a premium level of design and quality for those homes that can afford a little more space. Starting at a house area of 228m2 and ranging to above 340m2, the Acreage and Estate ranges can offer you the room your family needs to grow and thrive.

Our designs also accommodate the superior range of entertainment and functional options that modern acreage living is known for. These can include triple garages, expansive theatre rooms, and large outdoor alfresco areas. Couldn't you just imagine yourself settling back and taking in the view of your property from your own luxurious outdoor entertainment area?

With a varying range of inclusions and styles, you can tailor your Beechwood Acreage and Estate home entirely to your needs with both the Shiraz and Lakeview range offering a variety of facades and design features.

Your home is always a reflection of your tastes and personality, Beechwood helps bring this into reality. To talk to one of our friendly staff about our premium range of homes for acreage and estate, simply call us today on 02 9616 0999.

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Nestled in Chisolm, one of the Hunter region's newest suburbs, is Waterford County, an estate that boasts a relaxed and contemporary country lifestyle.

Beechwood Homes are proud to build our quality, affordable homes within the beautiful Waterford County Estate. We are currently offering a range of Home and Land packages for Waterford County that feature some of our most popular home designs including the Verdelho, the Merlot, and the Cienna.

Waterford County is an estate that represents a growing move to expand our residential areas to those beyond the metropolitan restrictions. With larger land sizes, more affordable prices and idyllic surrounds, this area is growing in popularity for those in every walk of life. First Home Buyers, investors, and families are all recognising the benefits of living a country lifestyle, with more freedom, time, and relaxation.

Enjoying a 'tree change' lifestyle doesn’t necessarily mean you will be limiting the prospects for your or your family in the future. Every opportunity is available to the Waterford County residents with employment, education, health, and leisure options all within an easy distance of the estate. All surrounded by views of the gorgeous Wallarobba Ranges, active wild life, and estate facilities.

To take a look at our range of Home and Land packages available at Waterford County, Chisolm simply check out our Home and Land page or give us a call on 02 9616 0999. If you would like to contact Waterford County about their range of lots available or the fantastic lifestyle opportunity they can provide, please take a look at their website. Or why not take a drive to experience the peacefulness of the estate for yourself? It's around a two hour drive from Sydney and you will not regret the scenery.

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Our range of designs feature quality products and considered layouts specifically tailored to fulfil every family's needs for comfort and lifestyle. But sometimes, you might just need a little extra...something.

That something is the Evolution Indulgence package of inclusions. This premium range of inclusions is perfect for those who are a little more discerning and who want the very best for their family home.

The Evolution Indulgence package brings an upgraded element of class and sophistication, enhancing the way you can live in and enjoy your home. These include features that are functional as well as beautiful, making your home a haven of style and convenience.

It is the little details that count when building your home. They may not be glaringly obvious, but a small investment in quality when building, ensures that your home is the way you want it now, and into the future. In the kitchen you can choose from the upgraded Westinghouse oven and stove top combination that best suits your style and habits. The Evolution Indulgence package also features 40mm stone bench tops, splashback and vanities for a sleek and modern appeal.

The Evolution Indulgence package also covers the quality inclusions that you won't notice every day. These include the things that you don't see, like the Granitguard™ termite system, wall and ceiling insulation, and superior slab inclusions. Each one of these features has been designed to increase the comfort, function, and longevity of your family's new home.

The Evolution range of inclusions is extensive so the best way to understand them in detail is to check out the package document or call into one of our display homes to experience these premium features.

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Beechwood Homes is proud of each professional relationship we have with our quality suppliers, but we are particularly happy to be able to offer our brand new home owners a range of Westinghouse appliances as part of their specific inclusions packages.

Westinghouse is a much-loved household name, known for manufacturing beautifully crafted and intelligent appliances to suit every household's needs. Westinghouse bring a touch of class and sophistication to every kitchen with appliances that are designed for both exceptional form and function.

At the heart of every home, the kitchen is the place where we tend to catch up on the day’s happenings with our family. Preparing and sharing meals is a central and intimate part of almost every family’s lifestyle and the intuitive Westinghouse ovens, cooktops, and range hoods make it easier to spend time with your loved ones.

For all of the details in regards to the Westinghouse products available as part of our Genesis and Evolution inclusion packages, take a look at the full downloads or call one of our friendly staff on 02 9616 0999 today.

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There are a few truths that must be faced when building a new home and one of them is that not every block is easy to build on. Sometimes your block is just not the ideal shape, elevation or position to facilitate an easy process.

This is not uncommon and it is definitely not unconquerable. It does, however, require a little bit of ingenuity and little bit of flexibility. Beechwood Homes are here to provide that flexibility with a range of home designs and the professional experience to suit a multitude of challenging scenarios.

Purchasing a block that features a difficult aspect to its building envelope is sometimes a necessity when you consider the shortage of land that is released, the sky-rocketing costs of land, and the competitive environment in which land is bought in the current market. There are also the scenarios where the beauty of the block is its key feature, and the owners have chosen it more for its outlook than its suitability for building.

Beechwood specifically cater to those who have the now common issue of a narrow block, as we are seeing this on a daily basis with newer estate plans. Having a narrow block doesn't necessarily mean you will need to compromise on the design of your brand new home; you just need to tweak it a little to suit the space you are working with. Particular examples of homes designs to suit these requirements include the Cienna, the Sauvignon, the Lexia, and the Chianti. There is also the option of choosing a home from our double storey range which can often significantly reduce the frontage required from a building block.

The friendly Beechwood staff are happy to advise you when it comes to best design to suit both your family's needs and the requirements of your block. Drop into one of our display homes or give us a call on 02 9616 0999 today to see how we can help solve your challenging build dilemma.

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If you have started looking for your brand new home, you will either be totally excited or totally daunted by the decisions you are facing. Where do I build? What do I build? What do I want to live in?

Deciding on the details of your home can be really difficult when you are trying to consider your family's comfort and lifestyle – especially when marrying the elements of their personalities to tangible things such as double or single storey, number of bedrooms, and location. Knowing what you want is not always an easy road to travel and can often be an overwhelming and isolating experience.

Thankfully, the home designs at Beechwood Homes offer a variety of alternatives to suit every family. Our homes offer ultimate flexibility with a range that accommodates single or double storey needs, narrow or expansive blocks, and a varying array of inclusions.

We also build in an extensive reach of locations including the central growth areas of the north and south coasts of NSW, the greater Sydney metropolitan area, the central west, and the Goulburn district. This choice of locations can also open up alternative lifestyle options for you and your family, especially those seeking a more relaxed and inclusive way to live.

It is easy to get too close to such huge decisions, making it impossible to always see the best solution to your needs. Our friendly staff are here to help when it comes to tackling your home choices head on. Beechwood Homes' staff have countless years of experience when it comes to building functional and comfortable homes so we can help with advice and a fresh set of eyes on everything from colour choices to layouts that suit your family.

If you are feeling daunted by deciding on your new home, drop into one of our display villages. The power of physically experiencing how a new home feels may just give you the inspiration you need to really understand what you want from your brand new home.

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