Squirrel South Island (formerly NZ Mortgages)

mortgage broker — Burnside · Christchurch

About Squirrel South Island (formerly NZ Mortgages)

Squirrel South Island, based in Christchurch CBD, is the local arm of Squirrel, a New Zealand mortgage broker formerly known in the region as NZ Mortgages. The Christchurch team has been operating for over 8 years, bringing local market knowledge to home loan advice across the South Island.

Squirrel compares home loan options from all the major banks — including ASB, ANZ, BNZ, Kiwibank, Westpac, TSB, SBS, Co-Operative Bank and AIA — to give clients unbiased, personalised advice and access to better rates. The company arranges around $3 billion of home loans per year, giving it negotiating power with lenders, and its advisers are paid the same regardless of which provider they recommend, including Squirrel's own products, so their only incentive is finding the best outcome for the client. In most cases, there is no cost to the client, as Squirrel is paid by the banks.

The Christchurch-based South Island team includes advisers covering first home buyers, refinancing, property investment, new builds and business lending, with several team members speaking languages including Hindi, Punjabi, Mandarin, Filipino and Samoan. Squirrel holds over 1,513 five-star reviews on Shopper Approved and 500+ five-star Google reviews.

Squirrel South Island: Expert Mortgage Advice in Christchurch

Squirrel South Island brings expert mortgage advice to Christchurch and the wider South Island, building on the local knowledge of a team formerly known as NZ Mortgages, which has been operating in the region for over 8 years. As part of Squirrel, a nationwide New Zealand mortgage broker, the Christchurch team combines local expertise with the scale and negotiating power of a large, established brokerage.

Unbiased Advice, Better Rates

Squirrel compares home loan options across all the major banks, including ASB, ANZ, BNZ, Kiwibank, Westpac, TSB, SBS, the Co-Operative Bank and AIA, to give clients personalised, unbiased advice. Because the company arranges roughly $3 billion of home loans every year, it carries real negotiating power with lenders — often translating into better rates than clients could secure on their own. Crucially, Squirrel's advisers are paid the same regardless of which lender's product they recommend, including Squirrel's own offerings, meaning their only real incentive is getting the client the best outcome. In most cases, there's no cost to the client at all, since Squirrel is paid by the banks rather than charging fees directly.

A Full Range of Lending Support

Beyond straightforward home loans, Squirrel South Island supports clients through refixing and refinancing, first home buying (including help getting a deposit together), moving house (with bridging finance available), property investing, and buying a new build — including guidance for those purchasing from overseas. The team also works with business owners on lending needs specific to running a company. On top of mortgage advice, Squirrel offers savings and investment products, including a high interest on-call account, term investment options, a Monthly Income Fund and wholesale investing options, alongside property finance for developers and builders.

More Than a Typical Mortgage Broker

Squirrel positions itself as doing considerably more than the average mortgage broker. The team works out how much a client can borrow, provides detailed property reports on potential purchases, helps clients make sense of LIM reports and Sale & Purchase agreements, and negotiates both a competitive rate and a mortgage structure that genuinely fits the client's situation — cutting through the jargon that can make the home buying process feel overwhelming.

A Local, Multilingual Team

The Christchurch-based South Island team includes advisers with a range of language skills, including Hindi, Punjabi (Ari Bains and Nathan Miglani), Mandarin (Daniel Kuo), Filipino (Mark Magbanua) and Samoan (Tasmania Sapi) — a genuine asset for a diverse city like Christchurch. Client reviews reflect the quality of service across the team: one long-time client described working with adviser Faye Foster multiple times — for bridging finance, moving banks, new mortgage lending and rental property lending — describing her as "amazing to deal with" and someone who "does a lot of work so we don't have to." Another client praised Ari Bains for his "excellent communication & advice."

Getting Started with Squirrel South Island

Clients can apply online, book a chat, or visit the Christchurch office directly to get started. With over 1,513 five-star reviews on Shopper Approved and more than 500 five-star Google reviews, Squirrel South Island offers Christchurch home buyers and investors a well-reviewed, locally grounded option for navigating the mortgage process — all backed by the resources of a nationwide brokerage.

Signature items

  • First Home Buyer Support
  • Refix & Refinance Advice
  • Bridging Finance
  • Property Investment Lending
  • Multilingual Advisers
  • No-Cost Advice Model

Menu

Property Finance

  • Property Development — Finance for property development.
  • Funding for Builders — Funding options for builders.

Mortgage Services

  • Interest Rates & Mortgage Calculators — Compare current interest rates across banks.
  • Refix and Refinance — Advice on refixing or refinancing your home loan.
  • First Home Buyers — Support with deposits and first home buying guidance.
  • Moving House & Bridging Finance — Support for moving house, including bridging finance.
  • Property Investing — Advice for property investors.
  • Buying a New Build — Support for new build purchases, including buying from overseas.
  • Business Owners — Lending advice for business owners.

Saving & Investing

  • High Interest On Call Account — On call savings account with high interest.
  • Term Investment Options — Term investment products.
  • Monthly Income Fund — An income-focused investment fund.
  • Wholesale Investing — Wholesale investment options.

Frequently asked questions

Is Squirrel South Island the same as NZ Mortgages?
Yes, the Christchurch team was formerly known as NZ Mortgages and is now part of Squirrel.
Does it cost anything to use a Squirrel mortgage adviser?
In most cases, no — Squirrel is paid by the banks rather than charging clients directly.
What banks does Squirrel work with?
ASB, ANZ, BNZ, Kiwibank, Westpac, TSB, SBS, the Co-Operative Bank and AIA, among others.
Do Squirrel's Christchurch advisers speak languages other than English?
Yes, including Hindi, Punjabi, Mandarin, Filipino and Samoan.
Does Squirrel help with property investing and new builds?
Yes, including guidance for buying a new build from overseas and advice for property investors.
Can I apply for a mortgage online?
Yes, you can apply online, book a chat, or visit the Christchurch office.

Tips

  • {"body":"The Christchurch team includes Hindi, Punjabi, Mandarin, Filipino and Samoan speakers.","title":"Ask about an adviser who speaks your language"}
  • {"body":"Get started from home before visiting the office if you prefer.","title":"Apply online or book a chat first"}
  • {"body":"Useful if you're moving house and need support between sales.","title":"Ask about bridging finance"}
  • {"body":"Compare rates across banks before your appointment.","title":"Check current interest rates online"}

Good to know

  • {"payments":"In most cases there is no cost to the client, as Squirrel is paid by the banks."}