Company History

New Zealand Home Bonds Ltd (NZHB) (CH/833557) was formed in 1997 for the purpose of providing deposits to property purchasers. NZHB registered the brand name "Homebond ™".

From its inception NZHB the Homebond range of products were underwritten by HIH NZ Insurance which at that time was the largest liability insurer in New Zealand. NZHB traded successfully in what was then a new form of financial service. Its Homebond products were accepted by all major financial institutions. The company's "Development Homebond ™" became recognised as key tool to facilitate purchasers buying "off plans".

In mid 2001 HIH NZ ceased trading as a result of the collapse of its Australian parent. This in turn severely handicapped NZHB's trading ability but the company continued to meet all its bond obligations.

In March 2002 a new company called New Zealand Home Bonds Ltd (AK/1186549) was formed and the old NZHB changed its name to NZHB Holdings Ltd. The "new" NZHB is owned by Messrs Peter Rudkin and Simon Lindsay who were the founders of the "old" NZHB in 1997.

NZHB products are now underwritten by Lumley General Insurance (N.Z.) Limited (Standard & Poors A- claims paying ability rating).

NZHB has continued to expand the business since 1997 and now has spread throughout the country with offices located in Christchurch and Auckland. To date NZHB has issued over 6000 bonds and settled well over $1 Billion in property sales.

The company’s mission is to provide “Good Old-Fashioned” integrity and exceptional service, which has been the underlying factor for the on-going success of the company.