Simon1974

My last reno I pay cash and we do progressive payment and because of that I was able to make sure that the contractor do up all the touch up for things I am not happy with. If the bank is going to pay at 1 go than it is best not to use bank loan as that will be quite risk. I will have to talk to my bank to see what they can propose as I am going to do up my place soon. Thanks for the advise.

I think wooden partition is not a problem as it is not a permanent fixture. I remember only permanent fixture is not allow if you did not ask HDB permission beforehand. Anything removal is allow but wooden partition may be a fire concern and not allow by the fire department or the insurance company so better check with all before doing anything.

Can you confirm that the bank will pay the contractor the full payment before the reno is done. I thought that the bank only pay after the work is done and we check and is happy with it. I was thinking of getting a reno loan and after reading this am a bit worry. Can please confirm. Thanks