Tag: Property Development

Property Development Finance: Key Concepts for New Zealand Developers

Property development finance has a lot of moving parts. From feasibility and equity contribution to LVR, cost-to-complete, construction risk, QS involvement, pre-sales and exit strategy, each element plays a part in whether a project is fundable. At ASAP Finance, we have covered many of these topics in detail across our development finance blog library. This […]

Do You Need a Quantity Surveyor for Development Finance?

Property development and construction projects involve significant financial commitments from a range of stakeholders. Accurate cost management is essential to keeping a project on track and financially viable. One of the key professionals involved in managing these costs is the quantity surveyor. Lenders often require independent quantity surveyor reports to help monitor project budgets, verify […]

Property Development FAQs and Glossary for NZ Developers

Property development can be a highly effective way to create value in the New Zealand property market, but it also raises many questions for both new and experienced developers. From understanding equity requirements to navigating construction funding structures, the process involves a number of financial and strategic considerations. Our property development FAQ and glossary blog, […]

Property Development Finance: Risks and How to Mitigate Them

Property development offers significant opportunities to create value in the New Zealand property market, but it also involves a range of risks that must be carefully managed. From construction cost increases to market fluctuations and funding constraints, even well-planned projects can face challenges if potential risks are not identified and mitigated. While these risks are […]

Property Development Finance in NZ: How It Works

Property development can be a powerful way to create value in the New Zealand property market, but it is fundamentally different from traditional property investment. Rather than relying on long-term market growth, development involves actively improving land or buildings, creating value through construction or subdivision, with the intention of generating profit at completion. Property development […]

Progress Payments: What Lenders Look for when processing drawdown Requests

When it comes to property development and construction finance, progress payments form the backbone of how funds are advanced throughout a project. For lenders like ASAP Finance, this is one of the most critical aspects of loan management – ensuring funds are released only as value is created on site, and almost always on a cost-to-complete […]

New Builds are Gaining Ground with Property Investors Again

New builds are becoming an increasingly attractive option for property investors in New Zealand. With lower deposit requirements, exemptions from Reserve Bank restrictions, and strong demand for modern housing, it’s no surprise they’re gaining momentum again. At ASAP Finance, as a specialist development lender, we’ve seen a surge in property development funding requests for new […]

Are pre-sales slowing you down? What to do instead

At ASAP Finance, New Zealand’s leading non-bank property development lender, we’re reshaping the way developers access capital. With banks retreating from development lending, there’s an urgent need for faster, more flexible funding that aligns with the realities of modern construction. Developers today don’t need outdated hurdles, they need certainty, speed, and practical support. Why pre-sales […]

What to look for in a property development funding term sheet

When we receive a development funding enquiry, the first question we usually get asked is: “What are your rates and fees?”. It’s a fair question – but comparing lenders isn’t that simple. Two lenders may offer similar rates and fees but deliver vastly different client experiences, structure those charges differently, and impose terms and conditions […]

Property development milestones – when your equity is required

Property development is a complex process that demands strategic planning, careful risk management, and access to the right funding solutions at every stage. The funding cycle typically consists of four key phases: Pre-Purchase, Consenting, Settlement, and Development. Each phase comes with its own unique challenges and funding considerations. Here, we break down the critical stages […]

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