Case Study - Construction funding for a dream holiday home !

Case Study - Construction funding for a dream holiday home !

May 28, 2023

Our clients wanted to secure a piece of land on the outskirts of Auckland and build their dream holiday home. The clients came to Benchmark Mortgages to secure funding with one of the main banks and have a seamless process while they were away from New Zealand for a couple of months.

Location: Auckland

Loan: $2.040 million

Loan to value: 60%

At completion valuation: $3.4 million

DISCLAIMER: The information contained in this case study is specific to one of our clients personal profile. The case study is only intended to provide education about Mortgages in New-Zealand and the home loans sector. We cannot assess anything about your personal circumstances, your finances, or your goals and objectives, all of which are unique to you. Before making financial decisions, we highly recommend you seek professional advice from someone who is authorized to provide financial advice.

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