New Build Finance

When you are building a new house it is always better to have someone on your side who understands the whole new build process and especially the way new build finance works.

There is a real gap in the market where banks and most mortgage brokers have minimal experience in providing new build finance. There are similarities with your typical home loan, but there are also some big differences that you need to be aware of.

When we talk about “new build finance” we are talking about a concept – finance to fund the building of a new house.

But who should you approach to help?

Stuart Wills is an Auckland mortgage broker and has been in the industry since 1997, so has been around arranging finance for almost 20-years. As a mortgage broker he is also one of the few that has not worked at a bank, and while some industry people might think this is a disadvantage it does mean that he thinks like an ordinary Kiwi with a “can do” attitude.

Of course many Kiwis will go to their existing bank to discuss finance as they expect that there is some loyalty with the bank and more importantly as the bank has “history” it will make the process easier. In many cases it may be easier, but that does not mean it will be better.

For most Kiwis that decide to build a new home this is a new experience, so having someone that knows what they are doing with both dealing with the building companies and dealing with the new build finance can certainly be a great help.

With access to most of the major banks and lenders plus state of the art technology, and a team of New Build Finance you can relax knowing that New Build Finance can provide you with the best service possible when you need a home loan.