Search results: Squirrel

Later this year, a new set of lending restrictions - DTIs - will come into effect in New Zealand, setting rules for how much people can borrow to buy a home based on a multiple of their income. Here's what you need to know.

We're excited to announce the completion of our merger with iconic Wellington-based mortgage company, the The Home Loan Shop, as it officially rebrands to Squirrel.

Put really simply, the Official Cash Rate is the interest rate that the banks earn on any money they’re holding with the Reserve Bank, and the rate they pay if they need to borrow funds.

In this case study, we sat down with Auckland first home buyer, Charlie, to chat about her (and partner Kyle's) journey to home ownership with us.

There have been big things in the works at Squirrel! Today we're announcing our merger with The Home Loan Shop under the Squirrel brand, and our newly-minted partnership with enable.me.

If you’ve been thinking about making a few tweaks and upgrades to get your household on that sustainability buzz, ANZ have just launched a brand spanking new loan product which could help you do it.

This week's Budget announcement has brought good news for first home buyers, with the Government unveiling a number of changes to unlock additional support.

If you’ve invested through the Squirrel peer-to-peer lending platform, you’ll be aware that on the other side of these investments are loans taken on by other Kiwis, borrowing through Squirrel. When these borrowers apply for a loan, they’re put under the microscope before our credit team push go, but what happens if a loan payment gets missed?

We come bearing good news, investors! As of the 21st March 2022, the rate of return across two of our Investment Classes – Home Loans and Construction Loans – has increased by 0.25%.

Today we're announcing the appointment of David Cunningham as Squirrel's new CEO, set to take up the role in July 2022.

Due to recent Reserve Bank LVR restrictions coupled with tightened credit criteria from banks in response to the CCCFA regulations, we’re seeing more loans that would have previously been gobbled up by a bank, heading towards non-bank lenders like Squirrel.

When I’m chatting with new investors, I always make a point of talking through the secondary market. At a high level, it performs incredibly well for investors who are looking to cash out some or all of their investments.