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A Guide for Homeowners on Construction Payments
Introducing Escrow Payments
Don't Pay in Advance. Pay for only Progress.
A Smarter & Safer Way to Pay for Your Home Construction
What is an Escrow Payment System?
An Escrow Payment System is a secure financial arrangement involving three parties:
- You (Homeowner)
- Brickscraft (Construction Company)
- An Independent Escrow Partner (such as a bank or authorized escrow service)
The Escrow partner securely holds your project funds and releases payments only after agreed construction milestones have been completed and verified.
"Your money stays protected until your home reaches the next construction milestone. "
How Does It Work?
2. Funds Are Secured
1. Project Planning
Step by Step Process
1. Project Planning
2. Funds Are Secured
1. Project Planning
Before construction begins, we sit down with you to finalize every detail.
✔ Architectural & structural drawings
✔ Scope of work
✔ Material specifications
✔ Construction timeline
✔ Milestone payment schedule
Everything is documented in a formal agreement so there are no surprises later.
2. Funds Are Secured
2. Funds Are Secured
3. Construction Begins
Instead of paying Brickscraft large advance amounts, the agreed project funds (or the agreed reserve amount) are deposited into a secure escrow account managed by an independent escrow partner.
This confirms that:
- Your project funds are reserved.
- Payments cannot be released arbitrarily.
- Both you and Brickscraft have financial confidence before construction begins.
3. Construction Begins
4. Milestone Completion
3. Construction Begins
Brickscraft starts construction according to the approved plans and timeline.
You'll receive regular:
- Site updates
- Progress photos
- Milestone reports
- Project tracking on Whatsapp
4. Milestone Completion
4. Milestone Completion
4. Milestone Completion
Construction is divided into clearly defined stages, such as:
- Foundation
- Plinth
- Structural Framework
- Brickwork
- Roofing
- Electrical & Plumbing
- Plastering
- Flooring
- Finishing
- Final Handover
Each stage must be completed before the next payment is considered.
5. Quality Verification
4. Milestone Completion
4. Milestone Completion
Once a milestone is completed, it is inspected to ensure it meets the agreed quality standards.
Verification may include:
- Brickscraft's BRIQX™ Quality System inspections
- Project manager verification
- Independent inspection, where applicable under the escrow arrangement
Only after the milestone is verified does the payment process move forward.
6. Payment Release
6. Payment Release
6. Payment Release
After successful verification, the escrow partner releases the payment for that completed milestone to Brickscraft.
Construction then moves to the next stage.
This process continues until your home is completed.
The Escrow Journey
6. Payment Release
6. Payment Release
Planning & Agreement
↓
Funds Deposited into Escrow
↓
Brickscraft Completes Milestone
↓
Quality Inspection & Verification
↓
Escrow Releases Payment
↓
Next Construction Stage Begins
Key Benefits of the Escrow Payment System
For You (Homeowner)
- Reduced risk of paying for incomplete work
- Greater confidence that funds are used for your project
- Transparent milestone-based payments
- Better visibility into construction progress
- More confidence throughout the building journey
Why Brickscraft Chose Escrow?
Most construction companies ask for large advance payments based on trust alone.
Brickscraft believes trust should be supported by a transparent system.
Our Escrow Payment System, combined with the BRIQX™ Quality System, milestone-based construction process, and dedicated project management, ensures that every payment reflects real progress on your home.
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