Published at Tuesday, June 05th, 2018 - 04:34:52 AM. Architecture. By .
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For home renovation works in particular, there are always unknown entities that will vary the cost of a project once the works have started. Therefore, make sure you are prepared with a contingency sum a minimum of five per cent of the contract value is recommended to cover the costs of the inevitable variations. In partnership with this consideration, you be very well advised to have a contract in place between you and your builder. Additionally, if your home is listed, relevant works to the historic interests of the building will be exempt from VAT.
An architect will always be trained in building contract law. At the construction stage of your project, it is useful to have a building contract set up and administered by a third party. Its a useful record that helps you to manage all aspects of the relationship between you and your builder. The inevitable decision-making path ahead and discussions regarding payments are all taken care in one big document, before any work has been completed. An architect, who will have intimate knowledge of the design and detail of your project, is perfectly positioned to draw this contract up.
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