Since inception in 1996, First Mortgage Trust has focused on two key groups of New Zealanders.
Firstly, we have looked to provide investors with consistent returns based on a conservative and considered investment model.
Secondly, we have focused on first-mortgage property borrowers looking for practical and common-sense non-bank lending facilities that enable them to move ahead.
Today we have over $1.4 billion invested providing consistent returns for New Zealanders. We’re also the country’s largest non-bank lender of first mortgages, supporting property projects and investments.
Built on a simple, proven model, FMT successfully navigated the GFC and all Covid has thrown at us:
Our Head Office remains in Tauranga with branch offices in Auckland, Christchurch and Wellington. This geographical spread means we know what is happening in the key economic areas of New Zealand and it makes us accessible to advisers and borrowers at the time and place required.
We’re a successful Kiwi owned business built on solid values. We’re proud to be helping New Zealand and New Zealanders generate wealth. We genuinely care about our clients and work hard to understand their individual circumstances to help provide them with a solid investment option or loan structure to suit their needs.
* Please note: Past performance is not a reliable indicator of future performance.
In the 1990s, many law firms across New Zealand operated nominee companies through which client funds were invested in contributory loans. By the mid 1990s, these same law firms were finding that nominee companies were becoming increasingly regulated and burdensome to manage. To deal with this, some firms transferred their nominee companies (investor clients and borrowers) to mortgage trusts.
FMT was one such trust. Our history is that three Tauranga based law firms: Sharp Tudhope, Cooney Lees Morgan and Holland Beckett Law initiated the trust in 1996. Soon after, Te Awamutu’s Edmonds Judd and Matamata’s Edmonds Marshall joined the business.
The Trust went from strength to strength, with consistent returns paving the way for increased investment and a stronger lending platform. Following twenty plus years of Trust growth, the ownership of the Trust’s management company changed hands in early 2019, with its acquisition by New Zealand based CapitalGroup.
Managing the requirements of a $1.4 billion plus fund requires experts at all levels of the organisation.
Our highly experienced board of directors provides strong governance and professional leadership across the business.Board of Directors
We’re proud to be New Zealand owned and operated. Our senior leadership team works collaboratively to guide and implement the strategic and operational goals across the business.View our Leadership Team
We care, connect, and collaborate. We respect each other and value our differences. We deliver on our commitments. Together, nothing is impossible.
We do the right things. We take responsibility for our actions. We’re honest, trustworthy and use sound judgement. Making a difference in all we do.
We get it done. We’re open-minded and empowered to make it happen. We recognise our efforts and celebrate our successes. We’re taking it to the next level.
Please note, this is just a guide and we recommend you seek professional tax advice.
Disclaimer – The results above are subject to the following assumptions:
- The investor’s main source of non-investment income is New Zealand superannuation on a non-shared living arrangement. That is taxable income between $14,000 and $48,000.
- FMT is your main investment and that you wish to have a single investment in FMT.
- This is a simple guide only. There are alternative strategies which may provide better outcomes. These are on case-by-case basis.
Should you want to fully canvas your options, we strongly recommend you seek independent advice from your Tax Adviser.