Welcome to our second edition of ‘On the Portal’, our new monthly blog detailing some of the new loans available on the SCP portal. Remember, if you like what you see, log in to the portal and scoop up the loan before someone else does!
Here’s what’s sitting on the portal today:
- Home and Income plus subdivision in New Plymouth: A large 410m2, well presented brick & tile home, plus self-contained 2-bedroom cottage on a 3.1-hectare site in New Plymouth. The site has resource consent to subdivide into 19 lots with this loan covering the first eight. The loan is for approximately 12 months* at 35% LVR, offering 8.20%*p.a.
- Classic 1940’s brick and tile duplex in Ellerslie: A two-bedroom front unit conjoined to a three-bedroom rear unit, well located between Ellerslie and Greenlane. Both well-appointed and presented to a good condition on a flat 658m2 site. The loan is for approximately 12 months* at 48% LVR, offering 7.75%*p.a.
- Newly built, six-bedroom home in Flat Bush: A recently completed two level, 284m2 home providing six bedrooms and four and a half bathrooms, plus an internally accessed double garage situated on a 352m2 section in Flat Bush, Auckland. Borrower is a current client of SCP with good account conduct and a clear credit file. The loan is for approximately 12 months* at 59% LVR, offering 7.85%*p.a.
Login to the portal or contact a member of our investment team today.
* Rates and terms displayed are subject to availability