Three Instances Requiring Attention Of A Manukau Family Lawyer

Family law issues in ManukauThere are many kinds of lawyers who offer a variety of services such as corporate, real estate, and maritime law, among others. In the case of families, there are many subsets of law that a Manukau family lawyer can help with.  Unlike any other type of lawyer, family lawyers offer more than just legal expertise to their clients. Since most family law matters are emotive, a good family lawyer needs to be understanding of the deep, personal issues that people are suffering.


Having said there are a lot of different aspects of family law, here are three common ones where a Manukau family lawyer can provide legal assistance.



Nobody ever wishes for divorce when they get in a relationship. However, due to irreconcilable issues, marriages do come to an end. These situations create a lot of animosity between the partners, and everyone starts thinking of their own interests. A family lawyer helps to tone down the flames by explaining to them their legal rights regarding properties and child custody. In New Zealand, relationship property should be split equally but this is often something that one party will find difficult to accept. Their lawyer will help them through the process to come to a fair outcome.


Custody Of Children

Custody cases occur when partners can longer stay together and thus, opt for separation. The circumstances leading to such a decision are rarely amicable. One partner could start issuing threats of getting away with the child against their counterpart’s wishes. Despite what one or either party might say or want, Care of Children is the priority. A family lawyer in this scenario will always have the best interests of the child as their priority. If agreement cannot be reached, the case will go before a judge. Also, if you had already agreed on how to parent the kids and your partner fails to provide financial support, the lawyer will have to take them back to court for them to stick to the agreement. In the event where you are trying to adopt, it is essential to get a lawyer to help you legally for you to finish the adoption successfully.



Although many people disregard making a will, it is a key document to have. People feel they may be tempting fate if they acknowledge that they are going to die. When someone does pass on, it is a difficult time for the surviving family members. You do not want to add to the stresses by not leaving a will.


If someone dies without leaving a will in New Zealand, decisions about the estate are made by law in accordance with a preset set of hierarchy. You can find out more here. If you do not want this to happen and have specific wishes, then you must leave a will.


Family lawyer in ManukauA will is a complex document requiring a lawyer to write it for you. The lawyer will ask for a list of all the assets that you have, and if possible, they will ask to see some physical evidence. You will have to produce all the legal documents to back up your claim. Once they have all the necessary information, you can start drafting the will. Every aspect of the material will have to get scrutinised step by step to ensure it is all by the law. In the event of your demise, they have the mandate to read your wishes to the beneficiaries you had chosen.


Although it might look costly, hiring a Manukau family lawyer can give you peace of mind or resolution whenever you and your family are having differences. They are not easy but get worse if not attended to.


If you need a family lawyer in Manukau, McVeagh Fleming is a good place to start.

How To Select The Best North Shore Interior Painter

North Shore interior painterIt is very important to hire the right interior painting contractor as that will determine the quality level of work you receive. Many people often choose the first option they encounter and hope everything works out. However, it isn’t necessary to do this as long as you are willing to invest the effort and time into finding a painting contractor who you feel confident to work with. If you hire the first contractor who comes along, you may end up spending more money when they do end up doing the work according to the standards you expected. There are situations where people have been had to hire a different North Shore interior painter to re-do the work.

The following are some of the key things you should look for when selecting a painting contractor. These tips will really help you choose the best North Shore interior painter for your property.


One of the key factors to look for when searching for a contractor is their experience since that will have a major impact on the quality level of work that you will receive. Experienced contractors have done the same work repeatedly over the course of many years. That is why they are best positioned to provide high-quality services. At times, it might not seem like experience is all that big of a deal. However, if something goes wrong you may end up regretting your decision. Always hire a painting contractor who has at least a few years of experience. Having an experienced painting contractor means they will be able to deal with whatever problems may arise during the project and be able to minimize any potential damage.

It is a very good idea to work with an experienced painting contractor since they will be very knowledgeable about painting and related tasks. If you are unsure about certain things, you can ask your contractor and he will be able to give you answers. Experienced contractors have worked with various paint brands and will know which ones will work best with your project.


Many people tend to assume that all painting contractors are licensed. However, that is not always true. There are many people providing painting services who have an expired license or no license at all.  There are certain requirements that must be met by painting before they are licensed. That is done to ensure they have the skills that are necessary for working on painting projects.

A Good Eye For Colour

The vast range of different paint colours can be overwhelming. Even deciding on the broad colour group can be a challenge. Do you want greens or blues?  Once you have made the choice then there are dozens of subtle variations in the colour hues within those broad colour categories.

To make it worse, colours change in different locations and with variations in light. Undoubtedly, advice from an experienced North Shore interior painter can help.

If you need advice before hiring a good North Shore interior painter, visit this website,, an well-regarded painter for interior decorating jobs.

A Few Examples Of Major Ponsonby Home Renovations

Home renovations PonsonbyHome renovations have become extremely popular over the past few years as more homeowners are choosing to remain in the same home longer rather than buying another home. However, in order to make room for growing families, renovations have become a necessity instead of a luxury.

With that being said, there are five types of major renovation projects that are popular among homeowners and Ponsonby home renovations builders. These renovations are based on:


  • Increased need for space
  • Updating the home
  • A reflection of the family

Bathroom Renovations

Although bathroom renovations are typically not considered to be on the same scale of other major home renovations, like in kitchen renovations, any renovations made in the bathroom may include plumbing. If so, the bathroom would be unusable for a period of time. This is an important consideration that must be made before any changes take place. Good Ponsonby home renovations builders will advise you on your project ideas before you commit to the final job.

This type of renovation is done to not only provide more luxury in the home, but this renovation could also be done to help the household save on electricity and water by installing energy-efficient fixtures.

Adding Another Bathroom

Ponsonby home renovationsFor homes that only have one or two bathrooms, adding another bathroom is a common major home renovation.

The renovation can be done to provide a teenage child with their own bathroom, or it can be done to offer guests a private bathroom that is not in use by members of the family. Before this renovation can begin, it is imperative to take into account all plumbing considerations, zoning restrictions, and potential general construction issues.

Basement Renovations

Deciding to finish a basement is one of the best ways to increase the amount of livable space in the home. A finished basement can serve many purposes such as:

  • A completed bedroom suite
  • A studio apartment
  • A movie-room
  • A game-room
  • An in-law suite

Any renovations being made to a basement will not only require a measurable amount of time and work, but it must also begin with a feasible design plan as well.

Kitchen Renovations

Kitchen renovations are considered to be the most important of all home renovations. When done correctly, this type of renovation can greatly increase a home’s resale value if and when it goes on the market.

These renovations are also completed for a variety of reasons, and the most common reason of all is to use the space around the kitchen. They are also completed to update the fixtures and/or cabinetry, or simply done in conjunction with other renovations in the home.

House extensions

It is also popular to add a room or two to a home to increase its size. In fact, families will often add one or two rooms once children reach a certain age so all of the children can have their own room.

However, room addition renovations can also be done if you want to add an office, sunroom or game room to the house. In this situation, the rest of the home is left undisturbed. As with other renovation projects, the internal structure of the home must be considered because it will be altered during the process.

These are five of the major home renovations completed by Ponsonby home builders. They oversee the entire process and provide feedback and assistance while the renovations are being completed.

For advice on your home renovation project, contact Fever Pitch Building, an experienced home renovation company in the Ponsonby area.

The Most Progressive Builder in Auckland

Getting The Best Value From Your Devonport Villa Renovation

If you are thinking about a Devonport villa renovation, before even beginning the most important task is that you need to be clear about what you want to achieve at the end. If you are uncertain or you have lots of varying ideas, then you will probably spend more money than you were hoping. Perhaps worse, the finished renovation might not be what you want.


If people change their minds part-way through this adds more time and expense to the villa renovation. It can cause stress to customers not knowing their time or financial commitments.


What Is Your Vision At The End Of Your Devonport Villa Renovation?

Devonport villa renovationsThe key question people must ask themselves is what is their vision for the finished Devonport villa renovations? The answer is going to govern the amount of money and how long to allocate to the renovations.


Some people want to have more useable space, others want to renovate the kitchen, while others want to give their vial a modern open-plan layout. Whatever you want to achieve will need different skills, time and funding.


Skilled Villa Renovations Builders

There is no point in having a lovely design, good quality fixtures and fittings if the builder is not up to scratch. Always look for experienced villa renovations builders in Devonport to get the best value from first-class workmanship.


Managing A Villa Renovation Project

After seeing TV renovation programmes, people think they want to do the same, without the hassles. The old saying that DIY is in the Kiwi DNA, does have some basis but increasingly people have busier lives and do not have the time, nor the skills to manage a big villa renovation project.


Hiring different tradespeople is not an easy job especially if you don’t know what you are looking for. But that is the easy bit. You then have to make sure the right trade is on-site at the right time. In a villa renovation it is likely that you will need up to 20 different trades. Trying to manage all of those, buying the right materials and quantities for delivery at the right time can be a major logistical headache.


The best way to ensure a well-managed villa renovation is to have a professional project manager or to hire one renovation company acting as lead contractor. They will probably have their own tried and tested trades anyway.


How To Go About A Villa Renovation?

This depends on your finances and your resilience.


You can have one big villa renovation project including the kitchen, bathroom and living areas. This costs more at one time and will mean your home is out of commission for a while. You will probably have to find temporary accommodation for this.


Devonport villa renovations buildersThe other option is to renovate in stages as finances become available. For example, you may renovate your kitchen one year, and then two years later do the bathroom.  This makes renovation work more affordable, but it means that your home is regularly disrupted for a few years. It also makes it difficult to match the renovations because existing paints will age and not be the same as the second renovation.


Devonport villa renovations builders usually recommend doing a full renovation as a single, integrated project. The finishes and overall appearance can tie-in together which makes the finished villa look much better. It will be more pleasurable for you enjoy while you are living there, but it will also make it easier to sell in the future, being a finished product rather than a hodge-podge of different works.


Common Projects For Devonport Villa Renovations

Given the age of the villas in Devonport, the most common renovation projects are making open-plan rooms, major upgrades to kitchens, and replacing the old, cold bathrooms.


The seemingly simple task of knocking out walls to produce a single, open-plan living space can alter the apparent size of a house. The entire building will look a lot larger all within the current footprint of the villa which saves a lot of extra expense, and getting council approval.


What Are The Best Return On Investment Renovations Projects?

This depends a lot on the existing condition of the villa. If the building is in poor condition and needs total renovation, then that will add a huge value to the run-down building. For a villa in reasonable condition, for the large part, a kitchen renovation will add the most value and produce the best return on investment. The kitchen is usually the room that sells a house. After that upgrading a bathroom can add a lot of value. Surprisingly, landscaping the garden can also add a lot of extra value too. If you are having a major villa renovation, while your home is in turmoil, you could seriously think about landscaping at the same time to give your villa a complete make-over.


As previously mentioned, a full villa renovation in Devonport can add significant growth in the value of your home. Adding the latest kitchen appliances, with a luxury bathroom, and adding sustainability with more efficient heating and insulation give a total increase in the value of the home.


Hire The Best Devonport Villa Renovation Builder

Hiring the best villa renovations builder will incur significant labour costs but it is probably the lowest-cost option for you. You will save a lot of time, energy and stress dealing with just one company rather than 20 different ones. Plus, you know that you will be getting a first-class job at the end. Think of value, not cost.


If you have an old villa in Devonport and want to upgrade it or create some extra space, seriously consider a major villa renovation. You will add significant value to your home, far in excess of the cost, plus you will be living in a much more desirable home, with more efficient energy consumption, greater comfort, and more usable space.


If you have a villa like this, look at Cain Built, an experienced Devonport villa renovation builder.

Matrimonial Property – What All Couples Need To Know About Separating


Separation by a couple in a relationship is something that is highly charged emotionally. People threaten, insist on, and demand all sorts of things regarding splitting the matrimonial property. However, in New Zealand, the division of relationship property is clearly defined by law, and need not be an option for discussion or negotiation. Having said that, since one party often tries to assert their power or domination over the other, it is highly advisable to talk to a North Shore matrimonial property lawyer to advise you, protect your interests, and ensure that you get a fair and equitable outcome.


Silent coupleSeparation and divorce are the last resort for couples and this applies to a married man and woman, same-sex partners and de-facto live-in partners.  In certain places, the same laws will apply to any category of relationship.  The laws have been intended to give both sides a fair and equal outcome in what is generally a very difficult situation.


Of course, there are some people who feel frustrated by the laws as they feel they should have more rights.  This will generally be in relation to financial assets, but the law is equal in all cases and will help both sides move forward without feeling that they were taken advantage of.  Of course, there are also some people who feel that things should be divided in a certain manner, but this is an issue they will have to resolve with themselves.


Preparing For Separation

If you are considering separation, the most important thing that you need to do is talk to a North Shore matrimonial property lawyer who provides family law services.  A lot of people will turn to their friends and family for support.  While this is good for emotional support, it can also cause problems that you will want to avoid.


The primary problem is that other people will have their own ideas about what you can claim in the divorce.  Some of your friends and family might suggest that you take as much as you can or that you have to get one asset like the house.  Many of these comments are made to help you feel better, but they are often wrong and will be bad advice.


In certain areas, like New Zealand, the total value of assets and property from the relationship will be equally split between the two parties.  There is also no system for maintenance payments which in other countries is generally made to the wife.  There is a system for child support payments and the amount is set out by the IRD with all payments being handled by the tax department as a direct deduction from wages.


Who Has Access To Children?

Another area that is laid out in the law is access to children.  One parent will be granted custodial care, but both parents will still be guardians of the children.  The rules are very clear and you will be able to get more information from the New Zealand Justice Department.


The basics are that children will live with their custodial parent.  However, the other parent will have the right to contact or access to their children.  The amount of time and when this happens will be negotiated by the couple and will generally be done in the presence of lawyers.


The Transferring Of Matrimonial Assets

Once the assets from the relationship have been assessed and the total value is agreed on, a transfer will need to be made to the respective partner.  The main asset that most couples have is their home, but some couples will have businesses, rental properties, and savings accounts.


In these situations, the title for each of them will need to be assigned to the other partner formally.  This will generally require you to go through a separate legal process.  There are some assets that can easily be transferred while others will be much harder.  A house can be transferred to the other person, but a new mortgage deed will have to be prepared.


If You Need Help From A North Shore Matrimonial Property Lawyer

North Shore matrimonial property lawyerThere are numerous lawyers on The North Shore and each has their own merits. Since a divorce or separation is such a highly emotional time, it is a good idea to interview more than one North Shore matrimonial property lawyer to find one that you feel comfortable with. You will be bearing your soul and sharing some deep emotions so this is important.


One North Shore matrimonial property lawyer who has worked with a lot of separating or divorcing couples is McVeagh Fleming in Albany. Click the link to their website.

How A Lawyer Can Help With A Breach Of Contract in Auckland


If you’ve entered into a contract with someone, and that person has failed to fulfill the terms of their contract, you’re probably feeling distressed. You should know that a lawyer can help you with a breach of contract. These are some of the things that a lawyer can help with a breach of contract in Auckland.


They Can Help You To Figure Out Whether Or Not You Have A Case


Meeting with a lawyer to help with a breach of contract in Auckland to figure out whether or not you have a legal case. A lawyer will be able to look closely at your contract. They’ll be able to figure out whether or not you are likely to win your case.


You don’t want to take things to court unless you’re likely to win your case. You won’t want to waste any money on legal fees. You should be able to consult with your lawyer without spending money. If the lawyer doesn’t think you have a strong case, you can avoid taking things to court.


They Can Talk You Through Your Options


There is an array of remedies available to people that have suffered a breach of contract. A lawyer will be able to walk you through all of these remedies. They will be able to explain your options and help you to identify the choices that are available to you.


In many cases, the remedies that are available to you will vary based on the circumstances of your case. Your lawyer will be able to work directly with you so that you can figure out what your best option is. You can really benefit from their advice.


They Can Talk To The Other Party


You don’t necessarily have to take your case to court. In some cases, your lawyer will be able to help you resolve things out of court.


Taking a case to court can be time-consuming. It can also be expensive. If there is a way to resolve things outside of court, your lawyer will walk you through the process. Although hiring a lawyer can be expensive, in the long run, it could actually save you money.


They Will Strive To Make Sure That You Are Given Any And All Restitutions You’re Entitled To


If you are entitled to receive restitution, your lawyer will be able to make sure you receive everything that you are owed. They will fight on your behalf, and they will try to make sure that the breach of contract does not have a negative impact on you.


reach Of Contract in AucklandWhether you receive financial compensation or restitution, your lawyer will work to attempt that you are given everything that you are owed. You will be much better off if you choose to work with a lawyer. When you have an expert fighting on your behalf, it will be much easier for you to get the things that you are owed.


As you can see, a lawyer can do a great deal to help you with a breach of contract case. This isn’t a problem that you have to deal with on your own. If you are in this situation, meeting with a lawyer is the best thing that you can do.


If you need help with a breach of contract in Auckland, McVeagh Fleming is a good law firm to contact. Their website is

Auckland Commercial Lawyers And Their Key Areas Of Practices

In a few short words, commercial lawyers are lawyers that handle legal matters for corporate clients in several key areas affecting how businesses are run. In this article, we are going to take you through these keys areas and tell you more about them and some of the commercial legal advice Auckland lawyers can offer.

Commercial law can be divided into three key areas: Corporate transaction, finance and banking, and dispute resolution.

Company lawyers AucklandCompanies enter into different transactions that obviously require various forms of documentation. Before any of these transactions can be closed, though, a company must ensure that any and all aspects of any one transaction complies with a company’s constitution and, more importantly, be compliant with the laws of New Zealand. Most executives do not know what specific portions of the law have a direct impact on the corporate transactions being closed at any given time so getting commercial legal advice Auckland business owners need is crucial.

Obviously, where money matters are concerned, the law is there to make sure everything works out smoothly. As far as commercial lawyers dealing in finance and banking are concerned, they are there to minimise the risk of exposure of their clients’ finances. Many commercial lawyers practicing banking and finance also have a background in accounting or a related field.

Commercial lawyers specialising in dispute resolution give advice and draft strategies on resolving conflicts with different parties. If any conflict escalates, they act as representatives in arbitration or even in court. Dispute resolution lawyers also advise their clients in other practice areas, especially those who are handling employment issues, and how to minimise potential conflicts in their business deals.

Corporate transaction finance, finance and banking, and dispute resolution are three key practice areas that corporate lawyers specialise in. There are other practice areas, too and these include real estate, tax, and contract negotiations, among others.

If you are about to set up a company, you need a commercial lawyer that has experience in filing the necessary documents with the different authorities. If you are about to enter into a merger with another company, go find yourself a financial and commercial lawyer that has experience in this area.

If you search for it online, you will see that there are many commercial lawyers out there. Of course, not all of them will be able to help you. The ones that can help you are those who are practicing in your local area and specialise in the area that you need help with.

Commercial legal advice AucklandWhile larger corporations tend usually have a legal department, most companies just hire a lawyer on a retainer basis. Smaller companies enlist lawyers per transaction.

For us, though, it does no matter if you set up a legal department, retain a lawyer or only call one when you need to. What is important is that you have a commercial lawyer on speed dial. We really do not need to tell you, but the corporate world and its myriad of different transactions can be filled with legal landmines that can be avoided. Just make sure the lawyer you hire for commercial legal advice is reputable.

Renovating Auckland Villas – Mistakes You Want To Avoid

Renovating Auckland VillasIf you have made the decision to renovate your home, you have to be particularly careful if it is an older one. There are many mistakes people make when renovating villas in Auckland and you do not want to do something you will regret. This article notes some of the more common mistakes. Here is a list of things you do not want to do while trying to fix up your home.


Going For A Look That Is Too Modern

There is nothing wrong with making your home ultra-modern if you plan to do this to all parts of the house. It is a big mistake to make one room look like a scene straight from 2025 and the rest of the place is from 1925. Try making subtle changes that will mix the old with the new. This will look much better than having a home with different styles that do not mesh.

Not Budgeting Enough Money

One thing that you should understand is that renovating a very old home is usually more costly than working on more modern houses. Things like older plumbing and wiring may have to be removed or replaced, and this can be very costly. The costs are not just in the plumbing or wiring themselves but as these services are hidden away behind the walls, the workers will have to take out and then replace a lot of the walling. Plus of course, you will then have decorating costs on top of that.

Many people make the mistake of getting started without making sure that they have enough money to complete the entire project. This is not something that you want to do, so be very careful when planning financially for a renovation project. Talk to a number of builders or trades people to get some ball-park ideas on costs, add them up and add 25%. Yes, every renovation project goes over budget so to avoid major stress and disappointment, build in a hefty contingency before you start. If you cannot afford the contingency, then seriously, gold off doing the project until you have the extra money saved. In all probability you will need that extra but if at the end it has not all been spent, then you can pay off some of your mortgage.

Forgetting To Replace The Foundation

It is often said that older homes were built more solidly than modern ones but this does not mean that they are built to last forever. One thing that you should know is that foundations start to wear out over the years. In some cases, this can make your home structurally unsafe.  Also, modern building codes require deeper foundations than in the past. With moving and settling of land, it is a good idea to think about this aspect. If you are planning to do major renovations to your home, it would be a big mistake to forget about the foundation.

Not Considering Resale Value

You may look around your home and have this feeling that all it needs is some new and modern renovations to really make it look nice, but you have to consider the fact that you may want to sell your home one day. People who purchase older homes do so because they are a fan of the classic look and feel. They may not be too happy to take a look at an older home that had too many modern conveniences

Another common problem with major renovations is that people over-capitalise. This means that they build a house that is too big for their area. While a five bedroom house might seem like a good idea, if all the others in your road are only three bedrooms, you will find it hard to get a buyer. When you are doing renovations, make sure that you don’t do so much work that it removes all of the character from the place.

Failing To Set Aside Money For Asbestos Removal

Asbestos is not used when building houses these days, but it used to be very common to find them in all kinds of building materials. If you are living in an older home it does not necessarily cause a threat if it is not moving often and releasing particles into the air. Once you start removing walls and that type of thing, it is common to find asbestos. You will need to have the asbestos disposed of before the job can continue. It is important for you to have money set aside for this since you never know what lies behind the walls in your home.

Finish Renovating Auckland Villas

Clearly the renovation tasks outlined above are not for the average DIY-er. These are serious jobs which require a lot of experience and equipment to carry them out. They are definitely tasks for a professional builder, preferably a Master Builder who has the correct insurances and training.

There is nothing like making a solid plan for renovating villas in Auckland to make it look like new. While this is the result you are looking for, there are several things that can happen along the way to make things turn out very differently than you had hoped for. As long as you follow all of the advice given here, your project should be a complete success.

For more details on renovating villas in Auckland contact Repair and Restore.

Video about renovating villas in Auckland

Commercial Lenders – How To Find The Best Ones


Are you looking for an Auckland corporate finance company that will help you with a project that you have planned to start and complete in the next few months? A commercial lender is a company that will only loan you money based upon what is called hard collateral. In the case of these banks and lending institutions, the hard collateral is in reference to the real estate that you are going to build. However, it could be a much larger project which could be anything from nonconforming assets to different types of factoring, all of which will allow you to get the funding that you need. Here is a basic overview of the different types of commercial lenders that are available, and where you can get the best interest rates on this type of loan.


What Exactly Is A Commercial Lender?


When you are looking at the many different types of commercial lenders that are available, they can be anything from private lending institutions, mutual companies, commercial banks, financial groups and what are called hard money lenders. All of the companies have different standards and interest rates, allowing the borrower to assess what each company has to offer and make the best choice. The reason that you want to compare what the different companies have to offer is because not all of them have the same financial qualifiers, and are certainly easier to work with data in a traditional bank for a regular home loan. Since everything is based upon hard collateral in most cases, if you have a good reputation for starting and completing projects in the area, you will more than likely get the money that you are looking for, regardless of the you choose to work with.


Why Commercial Lending Is So Fast


One thing that most people notice when they are doing their first loan with a commercial lender is how quickly they can fund your money and how responsive they are in regard to your needs. Since they are not bound by same regulations that a traditional bank is, it’s actually very easy for them to finance whoever they choose to work with. This has led to many unscrupulous lending companies popping up, all promising to provide the money, but at a extremely high interest rate. It depends on how desperate you are, how much money you need, and what your reputation is in the industry, in regard to who you will inevitably choose to work with that can give you the best rates and prices.


Commercial Lender Loan Terms


development finance lender NZ

development finance lender NZ

The terms of the loan itself will depend upon the value of the property, if you have a track record per your credit rating, and whether or not a prepayment penalty clause is part of the deal. For instance, most of them will not lend you more than 80% of the assessed value of the actual project, they will usually lend money for five years or 10 years, and could also have a balloon payment at the end. There is sometimes a prepayment penalty clause which means if you get the money right away, they don’t want you to pay off the loan immediately. This means they will be losing all of the interest that they otherwise would have been able to charge you, which is why many of these loans will have this clause. Each business will be able to qualify for different loans, so the more that you are able to apply for, the more likely it is that you will be able to get a very affordable rate from an Auckland corporate finance company that you can trust.


Once you are able to compare the different Auckland corporate finance companies out there, and choose one that can give you a low interest rate, without a prepayment penalty clause, you will have found the best company to work with, one that can give you the money that you need for the project that you need to complete, and do so for the most affordable rates available.


If you are looking for corporate finance in NZ, try who help finance many different types of project.

Tips To Find Development Finance For Auckland Commercial Property


NZ development finance

NZ development finance – image

Do you want to know where and how to find commercial property development finance for Auckland real estate investment projects? If you do, you have come to the right place. Read on to find out where, as well as how to find financing for real estate development.


Big banks and commercial development finance

One of the most common places people turn to when they need financing for commercial property development is the big banks. This is an obvious thought since the banks promote all kinds of different finance packages. As a result, the major banks often have different kinds of financing including loans that are specifically for people who need money for commercial ventures. However, it is worth noting that most banks do not really like property development as the risk associated with these projects is too high for their standard measures. Many banks will not even lend to commercial property development but those that do have some very difficult requirements for this type of real estate development.


Here is a tip to keep in mind if your own banks declines you. Often it is up to individual managers as to the projects they will fund. If you go to a competing bank they may look at your real estate project with different eyes. So for this reason alone, research as many big banks as you can. This may seem like a daunting task, but it isn’t that difficult especially if you do some preliminary research online. You can perform a search very quickly and compare big banks and their loans for commercial projects and their mortgages which you can use for viable development plans. The more research you do, the better the chances are you will find a good bank to do business with.


Private investors for development finance

development finance company NZPrivate investors can also provide you with the funds you need for commercial real estate development. There are a number of ways to locate private investors, with one of them being the Internet. There are many websites that are specifically designed to connect you with potential private investors. Also, word of mouth is another way to find possible investment sources, but keep in mind that getting private individuals to provide you with funding can sometimes be a daunting task.


Commercial real estate agents

Some real estate agencies may be able to guide you in the right direction. Real estate agents area always looking for leads and if they help you develop your property, then you will need to either sell it or find tenants. Whichever the case, you will need the services of a commercial real estate agency and, since they helped you find the finance, you are more than likely to turn to that agent to find buyers or tenants. Further, agents know all sorts of people in the commercial property field and have probably sold investment properties to investors who understand your market and so may be happy to be involved in your project.

Commercial finance brokers for development finance

Perhaps the easiest route to development finance in Auckland is to go to a broker. Finance brokers are used much more extensively in the commercial field than in the residential market. This is because these companies have access to many different types of lender that the general public is simply not aware of. They often have links to private investors mentioned above but they can also access the secondary and tertiary lending markets.


Further all of the people involved in this sector know and understand the risks far better than the regular banks do. This is their business and so they are more accustomed to the risks, the challenges and how to mitigate against those possible problems. They understand how the commercial property market works.


Another benefit of going to a specialist provider for commercial property development finance is that they have experience which they can pass on to you. This is really useful in preparing your applications and business plan. They will know what different lenders are looking for and can guide you to bias your presentation to the positive triggers of those funding sources. One such specialist development finance provider is Global Pacific Finance Ltd in Auckland although they do provide finance across New Zealand.


More tips and advice about development finance in Auckland

Have a good business plan before you go to see any potential finance company. You may need to tweak it but it will be the basis for the discussion.


Make sure you have an exit strategy or some other means by which they lender will get their money back. This is crucial. You may choose to sell the finished property development and repay from the proceeds. Alternatively you might want to keep the property in which case you can raise a commercial mortgage which you fund from rental income and repay the initial loan from the mortgage. You need to be sure that you can raise sufficient capital to afford to pay back the original capital.


Also, just do as much research as possible on all types of investors. This way you can see what sort of thing will interest different lenders and therefore be able to adjust your pitch to satisfy their preferences. The key is to get their confidence and all ay their fears of not being paid.


development finance broker AucklandThe last tip you should keep in mind is to apply for financing with at least three or four different banks or lenders. This will not only increase your chances of getting financing but if you are lucky you might have more than one offer and can therefore negotiate better terms.



Finding commercial property development finance for real estate projects in Auckland does not have to be hard. Follow the above tips and you will be fine. Just make sure to be persistent in your search for financing. For more information on Global Pacific, click here.