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Belconnen buyers claim bedroom count was wrong on their contracts
✓ The Canberra TimesMoney & Work

Belconnen buyers claim bedroom count was wrong on their contracts

About 100 buyers of Markets Residences apartments say their contracts were wrong about bedroom numbers. Rooms without windows were called bedrooms but cannot legally be sold as such.

Why it mattersBanks may value apartments using the lower bedroom count, which could hurt buyers' mortgage capacity and the price they get when they sell.

AustraliaCanberra home buyers are facing potential losses on off-the-plan apartment purchases; raises questions about developer accountability and consumer protection in property sales.

✓ Claims checked against the source. checked 2 h ago

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