What we do


New Zealand Mortgages & Securities (NZMS) provides development, bridging and investment finance to assist with residential, commercial, land subdivision, apartments and other property projects.

First, Second Mortgage & Mezzanine Development Finance

New Zealand Mortgages & Securities provide first and second mortgage property development finance for land subdivisions, multi-unit house construction, apartments, commercial and industrial buildings, marinas and other special purpose assets including hotels and retirement complexes.

We are often able to provide property development finance with no presale requirements. When an experienced developer is able to lock in a sufficient percentage of the project sub trade, we are able to fund without a fixed-price Head Contractor.

NZMS has advanced first and second mortgage mezzanine facilities to finance the construction of over 2000 individual apartments, sections and townhouses. These are completed projects or developments that are physically under construction, so do not include projects to which we are also providing predevelopment cost financing.

Some recent developments financed by New Zealand Mortgages & Securities include the 117 townhouse Silvermoon Park development on Auckland’s North Shore; development finance for over 670 residential sections in Northcote, Devonport, Riverhead, Pukekohe, Papakura and Warkworth in Auckland and Jacks Point in Queenstown; the 10 unit residential waterfront redevelopment of the Masonic Tavern, Devonport; pre-development cost finance for the 180 unit apartment complex known as Sugartree at Nelson and Union Streets, Auckland City; the $7million retail conversion of 32 Constellation Drive, Rosedale; pre-development cost funding for a 6 level, 44 apartment complex in Takapuna; mezzanine finance for the 150 Apartment Urba Residences and 275 Apartment Queens Residences for Conrad Group in Auckland City and 1st mortgage development finance for the 114 lot Raceway Estates subdivision within the Addison Takanini zone.

Due to our strong development experience, NZMS is often able to provide development loan finance approvals within hours rather than days or weeks.

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First & Second Mortgage Bridging and Land Bank Finance

New Zealand Mortgages & Securities provides First and Second Mortgage Bridging Finance for property transactions that may fall outside of bank lending criteria for reasons that include: debt servicing that is difficult to prove, interest payments that may need to be capitalised or part capitalised, where the LVR is higher than what a bank is comfortable with, resource consent may not yet have issued, the project is being marketed to secure sufficient presales for bank funding or the property requires refurbishment, strengthening or other works.

NZMS bridging finance is helpful for borrowers to hold a property pending meeting of bank lending conditions, a property sale or other refinance. We also offer Finance for valuable bare land holdings.

Some recent bridging and bare land loans financed by New Zealand Mortgages & Securities include a first mortgage secured by $20 million of Auckland based land and residential assets, the $9 million refinance of a partly vacant property on Great South Road in Penrose, the settlement finance for a $30million central Auckland bare land development site, a $9million 3ha industrial land site near Auckland International Airport, $12million of residential land zoned for development in Takapuna, $17million of SHA land at Hobsonville Point, $16million of Gulf Harbour residentially zoned land, $35million of non-consented land at Flat Bush and 16ha of developable residential land in Warkworth.

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Bank Finance

New Zealand Mortgages & Securities has unrivalled expertise with arranging investment and development finance within the NZ Banking System. We have arranged bank financing transactions ranging from small townhouse construction projects through to syndicated financing of the $250 million, 30,000 sqm, 4 building, 5 Green Star Certified, Telecom Place ‘Spark City’ development in Auckland.  We have also secured bank finance for the 19,000 sqm, $145 million (now value) Lumley Building on Shortland Street; one of Auckland’s few Premium Grade office towers.

We advise and manage borrowers with circa $2 billion of local commercial and development property assets. Our unique banking relationships allow NZMS to provide these private clients, trusts and corporates with bank finance on very favourable rates and terms. Some of the recent commerical property purchases NZMS has assisted funding with include the $71 million purchase of the North Shore City Council Building in Takapuna; $25 million purchase of a retail centre at 1 Wagener Place, St Lukes; the $63 million purchase of the GHD Centre at 27 Napier Street, Auckland, the $23 million purchase of Courier Post House at 151 Victoria Street West, Auckland and the $99 million purchase of Watercare House, Remuera Road, Auckland. In the last calendar year we arranged over $500 million of property bank finance from the refinance a $5 million retail property to a $170 million office portfolio refinance.  

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