Some Beechwood customers 'may pay more'
Posted
The first of four meetings for former customers of Beechwood Homes will outline how long it may take for homes to be completed.
Resibuildco representative Vic Cavasinni and the insurer, Vero, will today meet with former Beechwood customers in Parramatta.
Mr Cavasinni says the process of taking over more than 360 contracts for partially completed homes is happening, but it is a slow process
Fair Trading Minister Linda Burney says homes will be completed but some people may end up paying more for their homes if they take up contracts with the new owner.
Ms Burney says people with pre-contract plans should get more information before making their final decisions.
"There are no guarantees but the people that are pre-contract - those that haven't had their homes started - will definitely be picked up by the new owner," she said.
"There may be some increases in building costs, but I would imagine these to be fairly minimal."
