House & Land
Build Now, Pay Later
A house and land solution designed to ease the transition into building, without mortgage repayments during construction.
How It Works
Build Now. Start Paying Later.
One of the biggest obstacles to building a new home or investment property is having to fund rent (or an existing mortgage) at the same time as a land loan and progressive construction draw-downs. A Build Now, Pay Later arrangement is designed specifically around that problem — it allows you to secure a house and land package and begin construction, without out-of-pocket loan repayments while the build is underway.
It isn’t a home loan in itself, and it isn’t free money. It’s a structure that defers when your repayments start, so your cash flow during construction looks the way it does today — not the way it will once the build is complete and, if it’s an investment property, tenanted.
Build first. Pay when the build — and your cash flow — are ready.
The Benefits
Why This Approach Works
The arrangement is built through accredited, audited builders, with the aim of keeping your build on time, on budget, and out of the headlines about builder delays and insolvencies.
- No out-of-pocket mortgage repayments during construction
- Build through an accredited and audited builder
- Access to competitive build rates and industry-leading build times
- Quality build and finishes, assured through the accreditation process
- First Home Owner Grants remain accessible where you’re eligible
- No fees to access the arrangement, and no equity required in an existing home
Who It’s Designed For
Three Common Starting Points
This structure was purpose-built around three situations we see often — it may or may not be the right fit for yours, and that’s exactly what a strategy conversation is for.
First Home Buyers
For people currently paying rent who are trying to avoid also carrying mortgage repayments during a build. Eligible First Home Owner Grants remain available on top.
Next Home Or Downsizer
For homeowners building a new home while managing the sale or rental of their current property, without two sets of repayments overlapping.
Investors
For investors building a rental property who’d rather time their loan repayments to when the property begins generating income.
The Process
From Application To Move-In
The structure is arranged through a single provider that specialises in this type of deferred-repayment build, working alongside an accredited builder and a partner mortgage broker.
- A personalised build package is arranged for you through consultation
- An accredited builder is appointed and works with you on the design and build package
- You’re introduced to a partner broker, matched to your financial position
- Your loan application is assessed and, once approved, construction begins
- No out-of-pocket repayments apply while the build is under construction
- Your build is monitored through to completion and final inspection
- You (or your tenants) move in, and standard loan repayments then resume
This Is Not A Home Loan — It’s A Solution To A Timing Problem.
Developed independently in 2021, the structure doesn’t remove your loan obligations — it defers when they start, so the cost of building doesn’t collide with the cost of living somewhere else while you wait.
A Word Of Caution
Understand The Full Structure Before You Commit
Interest and holding costs don’t disappear during a deferred-repayment period — in most structures they’re still accruing, and your standard loan repayments will resume once the build completes. Moneysmart’s guide to construction loans is a useful starting point for understanding how progressive draw-downs and interest are typically charged. If a First Home Owner Grant forms part of your plan, eligibility and amounts vary by state, and the Australian Government’s home ownership support programs are worth checking directly. As with any lending structure, we’d encourage you to read the terms carefully and seek independent financial advice specific to your circumstances.
Further Reading
Understand The Power Of Leverage First
Deferring repayments is one way to manage timing — but the bigger question behind any build or purchase is how debt fits your broader strategy. Our guide to leverage covers how borrowing can work for, or against, an investor.
Why properT Network?
We Help You Work Out If It Fits Your Strategy
With 19+ years of property investment advisory experience, we don’t lead with a product. We start with your goals, budget and timeframe, then work out whether a structure like this genuinely helps you get there — whether that’s your first home, your next home, or your next investment property. If cash flow and timing are already part of your thinking, our Positive Income page and Your Own Why page are good places to start as well.
We educate. You decide.
Let’s See If This Fits Your Strategy
Reach out to us now for a discussion to see if a Build Now, Pay Later structure — or another path entirely — is the right fit for you.
Book Your Strategy CallOne Network. Nationwide Reach.
Explore The properT network Family Of Sites
The same independent, Why-first advisory approach, applied across states and property types.
