Facilitating Your Construction Loan Approval with Expert QS Reports
At Bidkon, we understand the critical role that Quantity Surveyor (QS) Reports play in securing bank loans for residential construction projects. With over 13 years of experience in the Australian construction industry, we provide comprehensive and accurate QS Reports that meet the stringent requirements of major financial institutions.
Why Banks Require QS Reports for Construction Loans
Financial institutions increasingly request QS Reports as part of the loan application process for:
- New home construction financing.
- Owner-builder projects.
- Builder construction loans.
These reports offer an independent, impartial assessment of construction costs, helping lenders evaluate project feasibility and manage risks associated with construction financing.
Our Comprehensive QS Report Services
Bidkon’s expert team provides tailored QS Reports that include:
- Detailed construction cost estimates (materials, labor, and other expenses).
- Analysis of project feasibility.
- Risk assessment for potential cost overruns or delays.
- Review of payment stages.
- Progress claim reports for milestone payments.
Benefits of Choosing Bidkon for Your QS Reports
- Extensive experience with major Australian banks and lenders.
- Customized reports meeting specific lender requirements.
- Accurate and reliable cost estimations.
- Timely delivery to support your loan application process.
- Expert assessment of builder claims and contractual matters.
Our Process
- Initial Consultation: We discuss your project and specific lender requirements.
- Document Review: Our team analyzes your construction plans and specifications.
- Cost Estimation: We prepare a detailed breakdown of construction costs.
- Report Preparation: We compile a comprehensive QS Report tailored to your lender’s format.
- Ongoing Support: We provide progress claim reports and assessments as needed throughout the construction process.
