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.
Launchpad allows deposits of as low as 5%, and is aimed at helping first home buyers who have good incomes but not enough deposit to meet the 20% often demanded by trading banks, or who don’t qualify for the Government’s Kāinga Ora scheme.
Newsroom’s Alexia Russell sat down with Chief Squirrel JB to chat about what the Government's recent announcement means for first home buyers. Does it remove the stumbling blocks, or is it still hard as ever for young Kiwis to get onto the property ladder? Are there going to be any unintentional consequences?
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.
An update on Investor activity, new loans soon to be available for snapping up, how our borrowers are tracking with the current economy plus a handy tip.
An update on Investor activity, interest rates, how our borrowers are tracking with the current economy and a general overview of our platform.
Whether you’re a newbie or seasoned investor, using your investments on our P2P platform is an easy way to generate a regular income for yourself.
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.
While homeowners are relishing the lowest home loan rates we have seen in NZ, investors are doing it tough where ‘safe returns’ at the bank are now often no better than inflation. So what other investment options are there?
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.