Mortgage Design

Mortgage Design logo with the company moto

New Home Construction

Easy & Affordable Loans For New Builds, Construction & Subdivisions

In New Zealand, buyer demand for property often far exceeds the number of properties available. This can make it increasingly challenging to purchase an existing property.

At MortgageDesign, we know the importance of finding your dream home. We also understand that sometimes, that perfect home doesn't exist until you build it yourself.

The New Zealand government is currently incentivising developers to build more new homes and rewarding the first home buyers and investors who purchase them. There's never been a better time to build your own home and join the generations of Kiwis who have gone before you.

Our team of experts can help you finance and secure a loan for a new construction. Looking at your long-term financial goals, we can also advise you on how to secure your loan to meet your unique requirements.

If You Need Help, Get In Touch

Why Build A Home?

While purchasing an existing home is convenient, it doesn't always mean you get a product that ticks all the boxes.  

Building a home allows you to design what works best for you. You also have the opportunity to design a more efficient home than what's available in New Zealand's housing market.

Top Benefits Of New Home Construction Include:

Low maintenance

While the initial upfront costs are sometimes higher, fewer maintenance costs are associated with a new build.

Design for the future

By building new, you can design a home with a layout that suits you and your future goals.

Economical and healthy

New constructions are often kitted out with the latest insulation, heating and home ventilation. These innovations can ensure you’re optimised to save money and live in a healthy home.

Low deposit mortgage

Most new build homes don’t require a 20% deposit like you need for an existing property. The required deposit can be as little as 5% if you’re a first home buyer. Talk to us today to find out how much deposit you’ll need for a new build property.


What does the term new build mean?

The term ‘new build’ applies to a brand new property bought from a builder or developer, where you are the first person to own it.

A new build development can be constructed on land that hasn’t been already built in an area with mostly standalone houses – these are referred to as Greenfield developments. These are often located on the outskirts of cities, in areas where land is cheaper.

The other type of new build development is called brownfields or in-fill developments. These are usually found in towns and cities where existing properties or buildings are knocked down to build new. As the land for these properties is often expensive, most in-fill developments are comprised of denser housing such as townhouses or apartments.

What costs are involved in a new build?

When it comes to building a new home, there are a few typical costs to consider:

Our team of expert mortgage advisers can talk you through all the steps of the process. 

If You Need Help, Get A Consultation

Frequently Asked Questions

So you’re buying a house and looking for your first home loan. Where do you start with house finance? Words like mortgage, interest rates, repayments and investment can make it seem overwhelming! We’ve broken down some of the most frequently asked questions to help you understand your way around a New Zealand home loan.

When we’re talking hundreds of thousands of dollars, a fraction of a percent change in interest rate or repayments can save you valuable funds! In saying that, life is not all about money so it’s best to borrow with the lender that will result in the most savings across the long term. The team here at MortgageDesign are experts when it comes to new build loans and can talk you through all of your mortgage questions.

If you’d like to find out more about how we can help you buy a new build, get in touch with us today

Further Questions? ​

Ready to take the next step toward your new home? Reach out to the best mortgage broker in Auckland.