ashtondav
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Post by ashtondav on Aug 16, 2018 16:12:42 GMT
...just a few months ago it was £3M. Mass desertion?
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star dust
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Post by star dust on Aug 16, 2018 16:54:43 GMT
Looks like a lack of funds all round ~ £1m between rolling and 1 year at the moment and last matched rates:
Last Matched Rates
Rolling
4.0% at 17:45
1 Year
4.9% at 17:23
5 Year Income
5.9% at 17:43
6.0% on the 5 year doesn't seem impossible, and rolling's up to 4.1%
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Post by honda2ner on Aug 16, 2018 19:30:58 GMT
...just a few months ago it was £3M. Mass desertion? Yes, that's exactly what it is. Funnily enough I don't see the likes of RS mentioned in Martins Moneysaving email any more, I guess no investors means sky high rates, no loans and goodbye RS. Glad I'm out.
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jlend
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Post by jlend on Aug 16, 2018 20:14:07 GMT
Or record lending ?
Last month was 75.5m which is 21% up on the previous month and 43% up on the same month last year.
I have no doubt some lenders have withdrawn money. But there is a huge amount of new money coming from somewhere to replace it.
With RS doing more large property and business lending i think we will see regular large swings in lender money available on the markets every week from now on.
RS use to have a table that showed the likely forward demand of borrowers currently being processed. It is a shame they dont have this any more.
A historical graph of weekly lending volumes would also give an idea about the direction of travel of lending volumes if they provided it.
I quite like it when there are a lack of lender funds on RS due to increased borrowers, a chance to grab a higher rate.
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Post by fiatlender on Aug 16, 2018 21:16:47 GMT
A historical graph of weekly lending volumes would also give an idea about the direction of travel of lending volumes if they provided it. Like the graph on the RS RateTrends page (Key Information > RateTrends)?
Just tick the weekly volume box and untick all the other boxes.
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jlend
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Post by jlend on Aug 17, 2018 5:57:56 GMT
A historical graph of weekly lending volumes would also give an idea about the direction of travel of lending volumes if they provided it. Like the graph on the RS RateTrends page (Key Information > RateTrends)?
Just tick the weekly volume box and untick all the other boxes. That one helps. I have looked at it in the past. I meant by market ie one for rolling, 1 year and 5 year so we can see which market RS is using the most and if it looks like it might be worth waiting for a higher rate to match The forward looking borrower demand table they use to provide was by market which gave a view of what future lending was looking like by market ie rolling 1 year 5 year i seem to remember. It was quite sometime ago so i cant remember exactly how the table worked.
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