New construction contract law starting from 2018. Sign the construction contract after that?

Already visited the notary regarding the property. We want to finance the property first and would replace or extend the first loan next year through full financing. However, this year we could also finance it completely at once, which would actually be better. The construction company is fine so far, but the contract is not significantly changeable, e.g. payment plan. A construction period is guaranteed regardless of bad weather days, drying, etc. Price guarantee for 18 months from the conclusion of the contract. A penalty fee for delay is also included, but it is very low (€40 daily). Additional remarks about a free right of withdrawal if the financing falls through and that the contract will be adapted to the new regulations have been recorded in handwriting under the minutes of the meeting.

Will it belong to you or will it probably belong to you? Is everything financed or is there still some uncertainty? Is the provider really going to be the one? If everything is as it is, sign. What should be better next year that couldn't also be agreed in 2017?

Why does everything always have to be financed before signing? We only arranged the financing after we had long since signed the construction contract and the building permit was approved. We simply had a free right of withdrawal included in the construction contract in case the financing failed. Same with the building permit.

That's how I see it too....what I need to sign is a commitment from my bank that you would be good for us at such and such conditions at such and such an amount. Then I can sign. But what I agreed with the bank must also be correct!

For the complete financing, we can secure the interest rates this year. Next year, different interest rates.

Why is the construction company putting so much pressure on us to sign this year?
Is it worth waiting for the new building regulations?

Whether it is worth waiting for new legislation can only be judged by each individual. A law that will then be amended is already available on the internet with a comparison to the current wording, including comments. Only you can assess which change is an improvement for you. If you come to the conclusion that the new law is to your advantage, then you should wait with your signature to be fully covered by the new law.

A reputable house provider neither creates pressure with deadlines nor concludes contracts with builders who do not yet have their property secured. Of course, they all want to be able to record the order in their financial statements in this fiscal year. That is understandable, but it is not your concern.

Also our developer told us that next year it will be 5-7% more expensive. Reason: increasing craftsmen costs.

We actually have a good feeling about the developer, but now we feel pressured. The signature must be there by Friday. What to do?

Regarding the initial question: Next year the last installment payment of 10% is legally required and will be paid after the last defect has been rectified. In this respect, a strengthening of the builders.

In our submitted construction contract it currently says 2% after acceptance. That’s too little, right? The developer has little interest in addressing defects then? How are the installment payments structured for you?