liso
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Post by liso on Feb 28, 2019 8:47:39 GMT
And Edgbaston is unlikely to be one of them, already on the market for a long time and still unsold. hi, Where are you finding this property on the market? And how long is a "long time?" From the valuation report: "the property appears to have been marketed for a long period of time"
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mjc
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Post by mjc on Feb 28, 2019 9:10:20 GMT
However this will surely “dump” all of your available funds, up to 20%, into this loan? Which is not something I relish. And if it not switched off by 3pm you will get a load of G*lders Gr**n or Sev*n Sist*rs et al dumped on you as well. I’m driving in rural Wales at 12.00 so is a pain to be online between 12.00.00 and 12.00.30 to stand any chance of diversifying. ps to reduce cash drag, as the ‘transfer previous year’s ISA’ is so lengthy, I deposited funds then ‘borrowed’ them back to reinvest in a QAA and return modest sums when a loan is advised. This took a couple of hours to be credited. But - must get all borrowings repaid by 5th April!!! A faff, but until the massive shift from 20% to “1% or £1000” option is implemented, I don’t see a better alternative. -Not necessarily correct. You can switch off Auto for PLE. Also, if buying in an isa and have a classic also, move all extra funds to the classic. Flexi isa allows this. Move funds back after switch off auto. The switch is immediate. I have done this with this years isa. Not sure of flexi rules with previous years isa. Can I switch off Autoinvest for PLE ONLY? (If so how?) I have £40k in loan portfolio but I’m warned that up to £9k may be put into a Tranch A. I prefer no more than about £1k in any one Tranch. I might not have Internet access to switch off Autoinvest between 12.30 and 15.00, it shouldn’t be necessary to have to do this. The biggest failing in my view of an otherwise excellent platform. If I transferred cash to the non-ISA P account, there is no interest(?), so my best option it seems is to transfer £10 or £20k into my Proplend ISA, then flex most of it out via my bank, to say AC QAA for 4.1% (less 40% tax) than for it to sit doing nowt for a couple of months until I can get it diversified.
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hantsowl
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Post by hantsowl on Feb 28, 2019 9:17:44 GMT
When you switch auto on you have the option of PLE, primary or both.
Edit: Power back on, so I can expand... Simply select "primary market" when enabling autoinvest and you will not pick up anything from the PLE. You suggestion of flexing out to the QAA is good, just remember to put it back before end of tax year. I tended to keep 1 or 2 thousand in my classic when building my portfolio because i was caught out a couple of times when something i wanted appeared on the PLE and I had used my available cash in my ISA. I was careful using autoinvest to ensure that only £1000 was invested in each offering.
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bababill
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Post by bababill on Feb 28, 2019 23:40:52 GMT
hi, Where are you finding this property on the market? And how long is a "long time?" From the valuation report: "the property appears to have been marketed for a long period of time"As per the valuation report it also states in the same sentence "it is confirmed that this was not actively done." Could you find any other sale particulars of this property on the usual sites such as zoopla or rightmove?
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hantsowl
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Post by hantsowl on Feb 28, 2019 23:49:04 GMT
From the valuation report: "the property appears to have been marketed for a long period of time"As per the valuation report it also states in the same sentence "it is confirmed that this was not actively done." Could you find any other sale particulars of this property on the usual sites such as zoopla or rightmove? www.robertpowell.co.uk/wp-content/uploads/2016/05/MED_889_325.pdf
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bababill
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Post by bababill on Mar 1, 2019 0:08:44 GMT
The link hantsowl has kindly posted is from 2013; the property has been marketed and sold in-between that time. :-(
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