Stonk
Stonking
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Post by Stonk on Sept 26, 2017 12:18:29 GMT
The 5 Year Market is currently crossed and has been for over an hour. How does this happen? Surely those crossed offers should instantly match.
It looks like this:
Lenders:
>6.1% £754K
6.0% £24K
5.9% £32K
Borrowers:
£88K 6.3%
£17K 5.7%
£2K 4.8%
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r00lish67
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Post by r00lish67 on Sept 26, 2017 12:42:12 GMT
The 5 Year Market is currently crossed and has been for over an hour. How does this happen? Surely those crossed offers should instantly match. It looks like this: Lenders:
>6.1% £754K
6.0% £24K
5.9% £32K
Borrowers:
£88K 6.3%
£17K 5.7%
£2K 4.8%Oh dear, that is a wee bit broken isn't it. I'm almost tempted at 6.3%, almost. I think I do recall this happening previously, it may need RS to make some manual intervention in the market (heaven forfend they would ever do that!). Or just someone with £32k who likes the idea of earning 6.3% I suppose.
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Stonk
Stonking
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Post by Stonk on Sept 26, 2017 12:47:29 GMT
I'm almost tempted at 6.3%, almost. There are quite a few lenders actively offering from 5.9% and 6.3% who would also certainly be tempted, but they aren't getting a chance at any of it! I can't remember what that 6.3% borrower offer started off as, but it was at least £130K when I first noticed.
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dorset
Member of DD Central
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Post by dorset on Sept 26, 2017 15:52:16 GMT
Working fine now. Just got £2k invested at 6.3%. Shifting my FC runout money to RS at 6%+. Not sure if best strategy but will do this while ever I can get north of 6%.
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Stonk
Stonking
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Post by Stonk on Sept 26, 2017 16:54:44 GMT
Working fine now. Just got £2k invested at 6.3%. Shifting my FC runout money to RS at 6%+. Not sure if best strategy but will do this while ever I can get north of 6%. Other than the fact that there was a borrower order above some standing lender orders which it should have immediately matched, it worked fine throughout! I accepted 6.3% out of that errant borrower order, an opportunity which I don't really think should have been available. I'm totally with you on moving from FC to RS, and that is exactly what I am doing. FC claims 7.5%, which I have doubts about (to say the least). You can frequently achieve the low to mid 6%'s on RS 5-Year (usually towards the end of a day, but not every day), with the Provision Fund to smooth out some of the uncertainty.
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coogaruk
Hello everyone! Anyone remember me?
Posts: 703
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Post by coogaruk on Sept 26, 2017 17:28:31 GMT
I'm almost tempted at 6.3%, almost. There are quite a few lenders actively offering from 5.9% and 6.3% who would also certainly be tempted, but they aren't getting a chance at any of it! I can't remember what that 6.3% borrower offer started off as, but it was at least £130K when I first noticed. It was at £110k when I spotted it, so felt it rude not to stick the £75 repaid from Rolling straight back in. It instantly matched at 6.3%
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spiral
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Post by spiral on Sept 28, 2017 12:43:32 GMT
Anyone remember you? Of course we do. Even your avatar is the same methinks. Must be about 10 years now. Did you ever return to Zopa under a different name? Go on you can tell us now that the Zopa forum has gone. 
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ashtondav
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Post by ashtondav on Sept 28, 2017 14:12:48 GMT
Working fine now. Just got £2k invested at 6.3%. Shifting my FC runout money to RS at 6%+. Not sure if best strategy but will do this while ever I can get north of 6%. Other than the fact that there was a borrower order above some standing lender orders which it should have immediately matched, it worked fine throughout! I accepted 6.3% out of that errant borrower order, an opportunity which I don't really think should have been available. I'm totally with you on moving from FC to RS, and that is exactly what I am doing. FC claims 7.5%, which I have doubts about (to say the least). You can frequently achieve the low to mid 6%'s on RS 5-Year (usually towards the end of a day, but not every day), with the Provision Fund to smooth out some of the uncertainty. Until the last month or so it's been impossible to get anywhere near 6% on RS for months. I certainly wouldn't rely too much on 6.3% from RS.
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Stonk
Stonking
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Post by Stonk on Sept 28, 2017 23:49:01 GMT
Until the last month or so it's been impossible to get anywhere near 6% on RS for months. I certainly wouldn't rely too much on 6.3% from RS. Indeed -- never rely on any current circumstances continuing unchanged. In the absence of indications either way, I cautiously hope that the low 6%'s will continue to be available from time to time. It may have become the new norm. Anyway, it's quick to liberate un-tied-up funds from FC, so most of my planned transfer is already complete, into an average rate of 6.5% on RS.
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coogaruk
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Post by coogaruk on Sept 30, 2017 17:20:56 GMT
Did you ever return to Zopa under a different name? Of course not. That would have been sneaky and underhand!
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coogaruk
Hello everyone! Anyone remember me?
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Post by coogaruk on Oct 7, 2017 14:22:08 GMT
The market was crossed again yesterday. Did anyone else notice?
I managed to get 6% when the best lender offer at the time was 5.8%
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smezz
Posts: 180
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Post by smezz on Oct 18, 2017 13:10:05 GMT
5 year crossed again.
Borrowers Rate Lenders
>>5.9% £1.2m
5.8% £11.5k
5.7% £95,084.72
£155,069.22 5.9%
£131.8k 5.7%
£5.2k 5.6%
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coogaruk
Hello everyone! Anyone remember me?
Posts: 703
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Post by coogaruk on Oct 19, 2017 17:09:52 GMT
5 year crossed again. Borrowers Rate Lenders >>5.9% £1.2m 5.8% £11.5k 5.7% £95,084.72 £155,069.22 5.9% £131.8k 5.7% £5.2k 5.6% I took advantage of this but although my order 'matched' immediately I didn't receive confirmation until the following day (which is also the contract date). Interesting?
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smezz
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Post by smezz on Oct 24, 2017 15:21:55 GMT
Crossed again. Potential for 6.4% but new money will probably damp it down.
Might take a week to match it up!!
Borrowers Rate Lenders
>>5.7% £743.8k
5.6% £2.2k
5.5% £173,438.86
£577,841.99 5.8%
£26.5k 5.3%
£4.2k 5.0%
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smezz
Posts: 180
Likes: 73
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Post by smezz on Oct 24, 2017 16:07:22 GMT
Even more broken:-
Borrowers Rate Lenders
>>5.7% £747.0k
5.6% £2.2k
5.5% £121,931.75
£545,252.13 6.5%
£47.8k 5.3%
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