Well its all happening now. Here is where we are up to.
We listed our home for sale in November 2010 and originally had a block of land secured in Waterside Estate, which is in Penrith near the Lakes Scheme. The block at Waterside was originally planned to register in October 2011 giving us time to sell our home and save some more money.
We then came across the Glenmore Ridge release with is an extension to Glenmore Park Estate. The block is 571sq which is alot larger than the 450sq block that we had at Waterside.
Our new block of land is due for registration in March 2011, contracts have already been exchanged. We now just need to sell our home and find somewhere to rent whilst our home is being built.
Seeing I work for a bank I secured the block at Glenmore Ridge without finance approval and without selling my home - the type of thing I advise against to clients all the time!! But anyway fingers are crossed for a favourable result. I have since obtained approval to purchase the land without having to sell my home so the stress levels have decreased.
We are lot 1007. We are really happy with the block width and depth as it opened up the options to select the home we could build. Our block is 16.5m wide and 34.6m deep. The land is pretty flat and only has 1m of diagonal fall from back left to front right. We are in a cul-de-sac with only bushland/reserve across the road.