Hi OzBargainers, I'm seeking advice for a granny flat build and I'll try to keep it short and simple.
Paid initial deposit + fees for approval to builder at the start of the year for granny flat (around $20k). Granny flat total cost is $120k. Contract signed and agreed at the time that the build will commence mid June.
Builder now rings me up and wants an additional $15k because of the recent interest and price hike. He mentions materials are now all up 10% at least and prefers to cancel the project if we can't come to an agreement.
Any help/advice is much appreciated.
Thank you all.