Despite the focus on this area over recent times, too many loans are still made where the borrower has the skinniest of income buffers after interest payments. In some cases, lenders are assuming that people can live more frugally than in practice they can, leaving little buffer if things go wrong.
I have also been informed that the electrical subcontract has not been concluded yet. I would like to assure you that by the time the main contractor goes on site; the electrical subcontractor will have been procured. We are working round the clock to conclude the matter. The construction period of 24 months is ambitious but achievable as has been seen elsewhere.