Isaac & Partners

  • First mortgages secured over residential property. No CCCFA funding. Commercial properties and bare residential land will be considered in some cases.

  • Loans from$500k –$6m

  • Loan terms up to 3 years (annual rollovers)

  • Max LVR 66%. Higher LVR's will be considered

  • Lending usually restricted to Auckland but other locations will be considered

  • Capitalised interest may be offered in some cases

ASL & Partners

  • First and second mortgages secured over property. No CCCFA funding.

  • Loan amounts $200k –$1.5m

  • Loan terms < 6 months

  • Max LVR 80%. Most transactions are <65%

  • Lending usually restricted to main cities

  • Loans must have a clear purpose and source of repayment

  • Capitalised interest may be offered in some cases.

  • ASL directors co-invest a minimum 5% in each transaction.

Our Story

Established in 2003 by Myles Prestidge, ASL & Partners Limited is a family run boutique finance and investment business that specialises in providing non-consumer short term finance secured primarily by first and/or second mortgages (supported by personal guarantees and other securities).
Over the years Myles son’s (Bryce and Grant) liked the risk reward profile of the transactions and co-invested with Myles. Today, ASL allows wholesale or eligible investors to co-invest alongside the directors to safely earn interest rates, well in excess of many alternative comparable investments.
In September 2023, ASL has expanded its offering by purchasing the business of John Isaac & Partners Limited and will continue to work closely with John Isaac over the next two years, before John retires. John Isaac & Partners Limited was established in 2012 and focuses on providing first mortgage loans, the majority secured over Auckland residential property.
Both ASL and Isaac & Partners strive to provide quick decisioning and operate in a professional and pragmatic manner whereby we are seeking win win opportunities in the non-bank market.
Both ASL and Isaac & Partners provide wholesale or eligible investors with mortgage investment opportunities which provide safe, very attractive returns and monthly distributions and in doing so assist clients who are unable to obtain bank funding.

Contact Us

Grant Prestidge
grant@aslmortgages.nz
(021) 808 490Bryce Prestidge
bryce@aslmortgages.nz
(027) 940 8744