Looking to build? We've got you.

Build & construction loans

Construction lending works differently to a standard home loan, and that catches people out. Progress payments, valuations at each stage, fixed price versus turnkey contracts, and the gap between when the builder wants paying and when the bank releases funds. Get the structure wrong at the start and it costs you time and money in the middle.

We arrange build finance every week, so we know which lenders are comfortable with which contract types, which ones move quickly on progress draws, and where the traps sit in a build contract before you sign it. Selwyn and Waimakariri are two of the fastest growing districts in the country and a large share of what we do is new builds out that way. Our advice costs you nothing, because the lender pays us and you do not.

Our office is at 3/24 Dublin Street in Christchurch and we work with clients right across New Zealand. Come in and sit down with us, or run the whole build finance process by phone and email from wherever you are building. The advice and the process are exactly the same.

Alex Toohey is a Top 25 New Zealand Mortgage Adviser and Journey Mortgages holds a 5.0 rating from 66 Google reviews. Whether you have a build contract in front of you or you are still comparing sections, a 15 minute conversation now will save you a lot of grief later.

Putting up more than one dwelling at a time, or building to sell rather than to live in? That is a different kind of lending again. See development loans.