DFL001 and DFL005... funny events on my "Selling Loans"

See here

Agree. The problem here, as I see it is:

It is in collective interest of Lendy and other investors to ensure the project goes through to completion and the sales of the properties involved are closed. But there is a considerable amount of arm-twisting here, where the investors who have had their loans on sale for weeks together have only two choices: (a) persist with retaining the loans for sale and living with the fact that the queue just got longer because Lendy wanted to protect its own interests, or (b) unwillingly take a risk, cancel the sale and hope things get better, and if they don't, then go back at the end of the sales queue yet again, should they decide to sell these participations at a later point in time.

The net result is a no-win for such investors - surely, there should be some way by which Lendy should be held accountable in such cases? Else I expect investors to vote with their feet, and sell en masse, which is only going to make matters worse for both the larger interests of project completion as well as the parochial interests of Lendy themselves.

I'm with them on that, my Lendy aspirations are also very short term. My longer term interests have been well established elsewhere over the past six months.

The last straw for me was what happened a few days ago with DFL01.  My loan parts have been 4 months in the queue - that is 4 per cent lost already - and I was just £150 from the front.  Another week or so and my loan parts would have been sold.  Then Lendy grant another loan to the borrower, not even a tranche previously listed, and I am £40k from the front now.  Clearly, Lendy have prevented me from selling my loan parts and I will now have to wait until the loan ends, whenever that will be, and accept the outcome.  Lendy have changed the rules of the game (again) in their favour.  This is sharp practice at best.  At worst, well, I would get banned from this forum if I say what I really think.  On principle (yes, its not just about money) I want nothing more to do with this platform, but it will take months, if not years, to liquidate my loans. 

By implementing this process, Lendy are at the least immoral, at the worst ....

What's the general approach here among those with a stake in DFL001? Is the preference to "Cancel Sale" and hope all goes well with the project, or persist with the holdings in the sales queue?

Are you sure Lendy have granted another loan to the borrower on DFL001 not DFL002? ISTM that 40k is just whats left from the last advance in May which presumably never filled. If youve been in the queue for 4 months then that suggests there was lender queue before the release of the last tranche so any residual would have been languishing at the back of the queue since then.

Nontheless extremely annoying form you point of view. I pulled my minor residual holding after the first month when it was clear it wasnt going to go anywhere fast and I might as well cross my fingers for a good result and earn interest rather than cross my fingers that there were 120k worth of investors with more confidence in the loan than me.