Do We Offer Turnkey? Here’s What You Need to Know

February 3, 2026

If you’re exploring new build options, you’ve probably come across the term “turnkey” – and you might be wondering whether Today Homes offers this type of funding structure. The answer is yes, we do.

And for many clients, turnkey makes the entire building process significantly easier.

In this article, we explain what turnkey means, how it works, and why it’s such a popular option for homeowners and lenders alike.

Yes – Turnkey Funding Is Available on All Today Homes Builds

At Today Homes, every build comes with the option of turnkey funding. This means you can choose a structure that keeps things simple and minimises financial stress throughout the construction process.

Turnkey is designed to make budgeting easier, especially for those who are:

  • Currently renting
  • Managing other financial commitments
  • Wanting certainty around payments during the build

How Turnkey Funding Works

With turnkey, the payment structure is straightforward:

  1. You pay a 10% deposit at the start, when the contract is signed.
  2. You pay nothing else until the home is fully completed and ready for you to move in.

There are no progress payments during construction. Instead, the final balance is settled once the home is finished and handed over.

This clear, two-step approach makes it far easier to plan financially – and removes the pressure of juggling rent and build payments at the same time.

Why Not All Builders Offer Turnkey

While turnkey is popular, not every builder provides it. That’s because:

  • It places a significant cash flow responsibility on the builder
  • The builder carries most of the financial risk during construction

However, our experience, systems, and financial stability allow us to confidently offer turnkey on any project when requested – giving our clients more flexibility and certainty.

Why Clients (and Banks!) Love Turnkey

Turnkey isn’t just convenient for homeowners – lenders and lawyers appreciate the structure too.

Benefits include:

  • Simple budgeting: Only two payments to plan for
  • Less financial strain: No overlapping rent and build payments
  • Clear approval process: Banks are very familiar with turnkey agreements
  • Reduced risk: You only make significant payment once the home is complete

It’s a clean, straightforward funding model that provides peace of mind at every step.

Final Thoughts: Turnkey Makes Building Easier

Turnkey funding is one of the simplest and most client-friendly ways to finance a new build – and at Today Homes, we proudly offer it on all our homes. 

You do need to be aware that turnkeys do cost you slightly more upfront compared to the progress payment structure due to the builder having to fund the section and build until completion, however you do save by not paying interest repayments throughout construction.

If you’re considering a new build and want to understand whether turnkey is right for your situation, our team is here to talk you through the process and answer all your questions.

Get in touch with Today Homes to explore your turnkey options.