Search results: Squirrel

20 May 2022

Budget 2022 brings welcome support for first home buyers

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.

22 April 2022

How is an investment affected when a payment gets missed on a Squirrel loan?

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?

29 March 2022

Squirrel rate increase delivers even higher returns for investors

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%.

09 March 2022

Squirrel appoints new CEO

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

19 January 2022

Beyond the purchase price: The 5 big costs to be aware of as a first home buyer

Buying a home is (probably) going to be the biggest investment you’ll ever make. As a first home buyer, when you’re already fronting up such a hefty chunk of change, you’ll want to make sure you’re not getting stung by any unexpected costs along the way. Let’s take a look at the things you need to factor into your budget to avoid any big surprises.

14 December 2021

Squirrel investment opportunities are growing

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.

13 December 2021

Squirrel's secondary market performs for investors

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.

23 November 2021

Introducing The Squirrel Monthly Income Fund

The Squirrel Monthly Income Fund is a new way to invest in Squirrel loans, on top of our existing peer-to-peer investments. For those that prefer a more hands-off approach, with the Managed Fund we manage the investment while you watch the returns come through.

01 September 2021

Wholesale investing case study: Maximizing returns

In this case study we’re taking a look at a property development company that was in need of a treasury management strategy, to minimise the negative impact of cash drag. Here’s how they ended up maximising their returns by investing with Squirrel.

01 September 2021

Wholesale investing case study: Searching for yield

In this case study we're putting the microscope on a Wholesale Fund who was finding it increasingly tricky to originate and manage the loans it required to meet its investors’ income expectations.

16 August 2021

5% deposit mortgage product changes lives of scores of first home buyers

Launchpad, our unique home loan for first home buyers has already helped scores of people onto the property ladder just three months after it was launched and we expect it to help tons more.

01 June 2021

ASB backs new builds with lowest floating rate on the market

ASB Bank made a splash recently with the launch of their special mortgage rate for customers that are buying new builds or building their new home or investment property.