Saving for a house in the post-covid age isn’t easy. With house prices becoming stratospheric, the Kiwi dream might start to seem more like a pipe dream.
We haven’t published a case study for a while, so here are two that will provide an overview of the borrowers and loans you’re investing in.
There’s been a lot happening here at the Squirrel garage and lots of movement in the financial world, so here’s an update on quite a few things.
Earlier this year we launched our P2P Home Loans and Business Property Loans that give investors access to residential first mortgage investments with returns of up to 5% p.a. As interest rates have fallen, investors are looking for better returns.
An update on Investor activity, interest rates, how our borrowers are tracking with the current economy and a general overview of our platform.
One of the common things we’ve heard from our Investors is that they want to keep their money working as hard as possible at all times. One of the features we offer that helps with this is Recurring Investment Orders which is like a 'set and forget' auto-investing function.
As mentioned in our first case study, we’re providing some analyses of our borrowers, so that you can find out more about the type of lending we are doing in our P2P mortgage space, which in turn gets passed on to you as an investment opportunity.
Read the latest on how the platform is ticking along. We're committed to being completely transparent about how the platform is going including hardship and arrears rates, and how the Reserve Fund is performing.