NZ Specialist Property Lending Sees Renewed Demand Amid Fragile Confidence

First Mortgage Trust (FMT) has marked 30 years in specialist property lending and investment management, providing stable returns for its investors while offering flexible financing options to borrowers.

The company's chief executive, Paul Bendall, attributes their success to meticulous attention to detail and a people-first approach. 'Success comes down to choosing the right opportunities,' he says.

Bendall has learned valuable lessons about risk from his experience during the Global Financial Crisis (GFC). He emphasizes that good-quality property still transacted during this time, while poor-quality assets took the hit.

With renewed activity in the New Zealand economy, Bendall sees a growing demand for specialist property lending. However, he also acknowledges that confidence remains fragile due to offshore volatility and interest rate uncertainty.