Renovate now, pay at settlement
Renovate now, pay at settlement. Here is how it actually works.
On eligible projects the cost is deferred to settlement under your contract; eligibility and conditions apply. No loan, no lender, and the terms are in writing before any work starts.
Free property review · Eligibility assessed onsite · No obligation.
The problem it solves
The house is worth more prepared. The cash to prepare it is in the house.
Most sellers know their house would fetch more with a repaint, new floors, a tidied garden and a refreshed kitchen. The problem is that the money to do it is tied up in the very asset they are selling. So the house goes to market as it is, and the buyer prices in every job they can see.
Deferring the cost to settlement removes that barrier. Uplifta scopes and runs the works, the house is listed finished, and the works are paid for out of the sale alongside the agent's commission and conveyancing. You are never asked to fund improvements to a house you are about to hand over.
It is not free money and it is not a loan. It is a payment term in a building contract, offered where the property, the scope and the equity support it.
How it works
Four steps, one contract.
- 01
Free property review
A project manager walks the house, reviews recent comparable sales in your suburb and assesses whether the project is eligible for deferred payment.
- 02
Fixed scope, fixed price
You receive the plan in writing: the jobs, the order, the cost and a conservative projected uplift. Deferred payment is written into your contract.
- 03
The works are done
Licensed trades, one project manager, a timeline built backwards from your listing date. You are not invoiced progressively.
- 04
List, sell, settle
Your agent markets the finished house. At settlement the works are paid from the sale proceeds, alongside your agent's commission and conveyancing.
The conditions, plainly
What you are agreeing to.
Eligible projects only
Deferred payment is assessed at the property review against the house, the scope and the equity in it. Not every project qualifies, and we say so before you sign.
Listed within the agreed period
The contract requires the property to be listed for sale within a set period after practical completion. If it is not, the contract sets out when payment becomes due.
Paid at settlement
The cost of the works is paid from the sale proceeds at settlement. Your conveyancer handles the disbursement the same way they handle the agent's commission.
The building contract is the document that governs payment. We walk through every payment clause with you before you sign, and we encourage you to have your solicitor or conveyancer read it. Uplifta does not give legal or financial advice.
How it differs
Deferred payment from the builder, not a renovation loan.
Some pre-sale renovation services fund the works through a third-party finance product: an application, a facility fee or interest, and a fixed date the balance falls due whether or not the house has sold. Those products suit some sellers, and it is worth reading their terms closely.
Uplifta's approach is different in one important way: the builder doing the work is the party deferring payment. There is no separate lender, no credit application and no finance product. The scope, the price and the payment terms all sit in the one building contract.
You keep your own agent, and the works are scoped to your sale price, not to a finance limit.
Questions
Paying at settlement, answered.
- Is renovate now, pay at settlement a loan?
- Not with Uplifta. We are a builder, not a lender, and we do not sell a credit product. Deferred payment is a term of the contract you sign with us. On eligible projects the cost is deferred to settlement under your contract; eligibility and conditions apply. Your contract sets out exactly what is payable and when.
- Who is eligible?
- Eligibility is assessed at the free property review. It depends on the property, the scope of works, the equity in the home and your intention to list within the period set out in the contract once the works are complete. We tell you before you sign whether your project qualifies.
- What if the house takes longer to sell, or does not sell?
- The contract sets out what happens if the property is not listed within the agreed period after practical completion, or if settlement does not occur, and we walk through those clauses with you before you sign. The works themselves remain a tangible improvement to the house whatever the market does.
- Can I pay upfront or in stages instead?
- Yes. Deferred payment is one option on eligible projects. Some owners prefer to pay progressively as the work is completed, and the plan and price are the same either way.
- Can you start renovations before settlement if I am buying?
- This page is about selling. If you are a buyer wanting to renovate a house before your purchase settles, that needs the seller's written consent and is not something Uplifta arranges.
Find out whether your project is eligible.
A free onsite review, a written plan and a straight answer on deferred payment before anything starts.
No-obligation review · We respond within one business day.