We specialise in arranging Non Bank construction finance for new builds in New Zealand, which means finance to build your own new home, for renovations, spec builds, even relocatable homes if you have good equity in your property. 

In some cases, your Bank has not approved sufficient finance or has delayed payment to contractors pending further construction progress, and in these instances, a second mortgage may help. 

Our experience has given us many insights into building a new home. You can chat to one of our residential construction lending specialists about where to buy land, who to use as your builder, and what kind of development finance you will need. In the first instance we will always recommend Bank funding up to 90%. If this is not feasible Non Bank lending will require a higher deposit or additional security or a guarantor, possibly only during the short construction period. 

We have working knowledge of new build house mortgages for the construction of new homes, for renovations, relocatables or for spec builds, and have helped many clients with both Bank and Non Bank development finance. Our goal is to make sure that the funding is planned and structured correctly, so that there is minimal additional stress for you, the builder and the lender. 

We have many years of experience with financing home buyers into do ups, as is where is, non consented properties and homes with weathertight issues, so just because you have been told No by your Bank or Broker it does not mean we won’t try for a Yes. 

GST implications will also need to be understood if you are doing this as a business. 

A new build is an exciting prospect, but it is important you seek good advice about your new build house mortgage, and look to work with financial advisers who have owned property and built their own homes here in New Zealand.