Recently the NZ trading banks have tightened restrictions following implementation of the
Responsible Lending Code and as a reaction to fallout from the Royal Comission into Misconduct in
the Banking Industry in Australia.
The has meant developers who are trying to secure finance to fund the completion of their projects
have been facing a tough lending market.
Local property developers are finding challenges securing finance to fund the completion of projects,
overseas lenders have seized the opportunity to enter the New Zealand property market.
Mainly from Australia, Singapore and Hong-Kong, new lenders are entering the $5m – $150m first
mortgage market and funding medium and large-scale developments as well as focusing on large
land banking facilities of up to $50m.
Local property developers can now access new sources of funding provided they engage the right
local financier that has established a direct relationship with new lenders in our market.
Property Finance NZ is perfectly positioned to arrange property development finance in the $5m +
range through these firms to secure funding to complete your projects.
If a deal is less than $5m we can provide additional funding options in-house through our own
company, Development Finance.
Property Finance NZ can help you navigate and fulfil the requirements to get your project funded.
Our specialists will analyse your project and provide you with the clearest pathway to secure
funding. A free overview of your funding options is typically available within 24 hours.
Call Blair Brooks on +64 9 215 0939 or email firstname.lastname@example.org to discuss your project.