First Mortgage Trust

As the global financial landscape continues to change, private credit is quickly becoming an essential tool to meet growing demand, and New Zealand’s lending landscape is no exception. We posted yesterday about a recent Commerce Commission report that further highlights the need for greater competition and innovation in New Zealand’s lending market. This is creating significant opportunities for us to step in where traditional banks are constrained by regulatory pressures. This write up really showcases our team and how we are working to continue to add value to the sector as a whole. As Phil Bennett, our Head of Lending put it: “Working with private credit providers like FMT offers mortgage advisers more than just funding access – it brings specialised expertise in property finance, including investment and development” 

The Commerce Commission’s recent report on the personal banking services market highlights the pressing need for increased competition within New Zealand’s lending sector. The findings reveal that the four major banks dominate the banking sector, resulting in limited choices for consumers and a lack of innovation in the products and services offered. At FMT, we are already witnessing a growing demand for our property lending solutions, and it’s encouraging to see regulators actively promoting more competition in the market. This environment creates significant opportunities for agile and customer-focused companies like FMT to step in and provide a compelling alternative to the main banks. Read more:

We often receive positive feedback from our investors, and it makes the whole team proud to know that the service we provide is so appreciated by them. In a world that is increasingly digital, we strive to maintain the personal touch that our business was founded on almost 30 years ago. In all that time, we’ve never lost a cent of investor capital. And while past performance is not a reliable indicator of future performance, this is something we’re proud of and we’re committed to maintaining. To learn more about why over 6,500 kiwis trust us to protect and grow their nest egg, visit our website, or call 0800 321 113. First Mortgage Managers Ltd is the issuer. To view our Product Disclosure Statements, visit fmt.co.nz

We’re pleased to announce we're expanding our Wellington team, with the appointments of Phil Bennett as Head of Lending and Aaron Taylor as Wellington Business Development Manager. “We are pleased to have Phil join the team. His leadership and knowledge of the lending landscape in New Zealand will help us continue our growth. With Phil’s guidance and Aaron’s local expertise, we are confident that FMT will continue to expand its lending and investment services across Wellington.” - Paul Bendall, CEO read more on our website: https://lnkd.in/gdnaQmbM

A great interview with our CEO Paul Bendall about how the private credit sector is reshaping New Zealand's lending. "Like many countries around the world, more people here are turning to private credit institutions because they offer more individual, solution-focussed services than traditional sources of finance" Read more here: https://lnkd.in/g--wJkdC

At FMT, building strong, reliable relationships with our investors is not just part of the investment side of the business - it’s the cornerstone of our lending team's success. Recently, our Strategic Partnerships Manager, Bruce Smith, visited an industrial project we’re financing in Mount Maunganui. Read about it here: https://buff.ly/4f1j7Uq First Mortgage Managers Ltd is the issuer. View Product Disclosure Statements at fmt.co.nz

Geoff Allen is one of our Business Development Managers, based in Auckland. He is extremely knowledgeable with decades of experience in the property lending game. Like the rest of our team, he's committed to fostering a real sense of partnership with advisers and clients. We offer tailored lending solutions: Flexible terms, speedy service and competitive interest rates. Geoff is always keen to hear about your next project and to understand whether we'd be a good fit for you. Give him a call and even if we can't help, he'll be able to point you in the right direction. More info on our website: https://lnkd.in/gBb-jfpz Lending is from the First Mortgage Trust Group Investment Fund. First Mortgage Managers Limited, the manager, is not a registered bank. Lending terms, conditions & fees apply.

Did you know that 95% of kiwi chicks that hatch in areas where there is no active predator control will be killed before they reach breeding age (which is about two years old). That's why we believe the work Save the Kiwi does is so important -we're proud to support them and sponsor a creche where kiwi chicks are nurtured until they're big enough to be released into the wild. Where this work is being done, kiwi numbers are stabilising - and even increasing in some areas. To learn more about what Save the Kiwi do, visit their website buff.ly/3Nxbxox Note: Where sponsorship funds or donations are made by the Manager, these are made at the Manager's expense and do not come out of investor funds

FMT is pleased to announce the appointment of Deborah O'Connor as our new Investment Relationship Manager based in Christchurch. “Deborah’s addition to the team comes at an exciting time for FMT. Her expertise and passion will help accelerate our growth in Canterbury and enhance our ability to deliver exceptional customer service to our South Island investors.” - Paul Bendall, CEO Read More: https://lnkd.in/gqJayF_g

Did you know this week is Save the Kiwi week? Save the Kiwi is on a mission to create safer habitat and rebuild the kiwi population all over Aotearoa. Aotearoa used to be home to millions of kiwi. Today, a fraction of that number remains. An estimated 20 kiwi are killed every week, mostly due to introduced pests like stoats, ferrets and dogs. Where the mahi is being done, kiwi numbers are stabilising - and even increasing in some areas.