Although Admiral properties are priced below market value as part of our strategy, customers can enjoy further discounts if the initial payment exceeds the required 40% Admiral Homes standard policy is for the agreed purchase price to be paid in three instalments. An initial 40% before construction, a further 30% after the roofing stage and a final 30% on completion. There is an initial $5000.00 reservation fee which holds the property for a month before the initial payment is made. This reservation fee although not refundable, goes towards the initial 40% payment.
