ashtondav
Member of DD Central
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Post by ashtondav on Feb 27, 2018 12:39:11 GMT
Does my lending interest rate have any bearing on my ability or speed of selling my position in the rolling market?
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smezz
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Post by smezz on Feb 27, 2018 13:33:10 GMT
May not be what you're asking but if you have more than one contract and you sell part of your holding it is the one at the highest rate which will be sold first. You can't choose which one to sell within a market.
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ashtondav
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Post by ashtondav on Feb 27, 2018 14:34:56 GMT
So if there were only £1M offered by 5 year lenders, all at 5%, and £1M in rolling all at 3.8%, and demand for £1M at 5% how would funds be allocated to meet borrower demand.
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smezz
Posts: 180
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Post by smezz on Feb 27, 2018 14:49:25 GMT
Sorry, but as I suspected I was answering a different question from the one you asked.
I have no answer to this. Sorry to waste your time.
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benaj
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Post by benaj on Feb 27, 2018 16:55:36 GMT
So if there were only £1M offered by 5 year lenders, all at 5%, and £1M in rolling all at 3.8%, and demand for £1M at 5% how would funds be allocated to meet borrower demand. I don't have £1M in Ratesetter, so I don't know. I would imagine if you are selling on 5 year market, the money can be recycled on cheap rolling or even 1 year market on ratesetter, better profit margin for Ratesetter. Having said that, I am some money on the 5 year market, only 29% of 5 year loan can be sold!!! Any loan < £10 cannot be sold by sellout_v2.
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