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Central Otago

New Zealand Mortgage Loans

Mortgage Home Loan

How the process works

1

First Chat

We get to know you, and ensure you know what we do and how we do it. We’ll talk about what you are trying to do, your goals and ambitions.
2

Understand your Situation

We gather information from you including personal details, income and assets and other financial information.
3

Research

We research the market to ensure we find the best option for you.
4

Lodge your Application

We work with you and the lender, and do the legwork to get you approved.
5

Approval and Recommendation

We customise the loan structure and discuss interest rate options.
6

Settlement Process

We work with you, your lawyer and the lender to ensure a smooth settlement process.
7

Keep in Touch

We keep in regular contact to check in and review any changes to your situation.

Interested in moving to Central Otago?

All about Central Otago

Central Otago is located in the inland part of the Otago region in the South Island of New Zealand. The motto for the area is “A World of Difference”.

The area is dominated by mountain ranges and the upper reaches of the Clutha River and tributaries. The wide flat plateau of the Maniototo which lies between the upper reaches of the Taieri River and the Clutha’s northern tributary the Manuherikia is also part of Central Otago.

Characterised by cold winters and hot, dry summers, the area is only lightly populated. First significant European occupation came with the discovery of gold at Gabriel’s Gully near Lawrence in 1861, which led to the Central Otago goldrush. Other towns and villages include Alexandra, Bannockburn, Clyde, Cromwell, Millers Flat, Naseby, Omakau, Ranfurly, Roxburgh, St. Bathans, and Wedderburn.

Since the 19th century, most of the area’s economic activity has centred on sheep, stone fruit, and tourism. In recent years, deer farms and vineyards have increased the region’s economic diversification. Recently the cool climate varieties Riesling and Pinot noir have been recognised as being especially suitable, and as the vines age Central Otago wines can be expected to improve even further, as the plantings are new and increasing rapidly. Central Otago is the world’s southernmost commercial wine production region.

Source: https://en.wikipedia.org/wiki/Central_Otago

Purchasing Property in Central Otago?

Central Otago Climate

Central Otago is a land of extremes: it is the coldest, driest part of New Zealand. The seasons are sharply defined: summers are hot and low in humidity; winter mornings are often misty, the days cloudless and windless and the nights freezing. Alexandra, for example, has the lowest average annual rainfall (340 millimetres or 13.4 inches) recorded anywhere in New Zealand, is the least windy and has 148 frosts annually (only Lake Tekapo, with 149, has more). Ophir, 27 kilometres or 17 miles away, holds the record for the lowest air temperature recorded – −21.6 °C or −6.9 °F in mid-1995 – but it also held the highest reading (35.2 °C or 95.4 °F in 1959) until 42.4 °C (108.3 °F) was recorded at Rangiora, in Canterbury in 1973.

Spring warms the soil and fruit tree blossom dominates the district’s orchard areas. Temperatures range from −3 to 20 °C (26.6 to 68.0 °F) with 10 frosts a month. Average rainfall is 28 millimetres (1.1 in) a month and sunshine 206 hours per month.

In summer, daylight lasts as long as 10 P.M.. Temperatures range from 10 to 30 °C (50 to 86 °F) on several days. Rainfall averages 38 millimetres (1.5 in) a month and sunshine 227 hours per month.

Autumn is brilliant as the extensive orchards and poplar shelterbelts turn red, yellow and gold. Temperatures range from −3 to 24 °C (26.6 to 75.2 °F). Rainfall averages 30 millimetres (1.2 in) a month with 11 frosts monthly and 150 hours of sunshine.

Winter brings a temperature range of −6 to 15 °C (21.2 to 59.0 °F), and average monthly rainfall of 15 millimetres (0.6 in), 25 days with frosts and 107 hours of sunshine per month during the short days.

Central Otago First Home Buyer?

“Central”

The colloquial name for Central Otago is simply “Central”. Residents from the surrounding regions may not talk about being in Central Otago or going to Central Otago – instead referring to being or going “up Central” (this usage is mainly limited to residents of Canterbury, Otago and Southland). The former Otago Central Railway, which ran through most of the major towns of Central Otago, was also referred to as ‘the Central’.

Areas around the area governed by the Central Otago District Council area are also often simply known as Central, such as Arrowtown, Queenstown and Wanaka.

Source: https://en.wikipedia.org/wiki/Central_Otago

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Financing we can help with

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Investment property

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Building a home

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Refinancing your mortgage

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Loan refixes & rollovers

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Renovations

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International Buyers

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Bridging finance

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Equity release

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Business loans

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Commercial property loans

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Property development funding

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Car & Equipment Financing

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Why work with us

We are owner operated and not aligned with any lenders

We work with you to customise your loan so it best matches your goals, and to save you time and money.

01

We have extensive experience

We all have over 10 years’ experience in banking and we understand the industry. We specialise in both residential and commercial financial advice.

02

We build relationships

We pride ourselves on building relationships with our customers and with our lenders to provide a more customised and personal experience.

03

Why work with us

We are owner-operated and are not aligned with any lenders

01

We have extensive experience in residential and commercial finance

02

We build relationships to provide a more customised and personal experience

03

Some of the banks & lenders we work with:

Custom Mortgages Lending Partners

Correct as of April 2024

Custom Mortgages

Custom Mortgages is run by a group of mates – all bankers and each with many years experience in the industry. The team understands and knows the commercial, mortgage, and housing landscapes. With this experience, they can help you find a tailored, custom solution.

No two purchases, projects or businesses are the same, so why should your financing arrangements be?

Contact UsBook a MeetingApply Now
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Custom Mortgages

Custom Mortgages is run by a group of mates – all bankers and each with many years experience in the industry. The team understands and knows the commercial, mortgage, and housing landscapes. With this experience, they can help you find a tailored, custom solution.

No two purchases, projects or businesses are the same, so why should your financing arrangements be?

Contact UsApply Now
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