Bank Loans, Shire Approvals and Insurance
Do banks lend for Rammed Earth Homes?
Of course all major banks and building societies have financed Rammed Earth for housing and commercial projects.
Is it difficult to get Shire Approvals?
Rammed earth is written in to the Building By-laws of Western Australia and then in to the Building Code of Australia.
Rammed Earth has been approved for use in every shire in Australia. An Australian Standard on Rammed Earth is under preparation by the Code Committee (BD83).
Is insurance a problem?
No. All major insurance companies have insured buildings with Rammed Earth.
What is the resale value like?
Very good, Real estate agents have commented that Rammed Earth buildings are much easier to sell than conventional buildings. Certainly in some areas, it has even been proven that Rammed Earth is a definite plus when selling a house or commercial project |