sd2
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Post by sd2 on Dec 10, 2019 13:37:59 GMT
Better than a kick in the
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Post by erniec on Dec 10, 2019 13:57:28 GMT
The 1 year is also going well:
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Post by gravitykillz on Dec 10, 2019 14:00:35 GMT
But assetz offers 5.10% on the 30 day account with secured loans and a provision fund.
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ceejay
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Post by ceejay on Dec 10, 2019 14:14:10 GMT
But assetz offers 5.10% on the 30 day account with secured loans and a provision fund. True, and it's a good offer, but I for one have as much as I feel comfortable with in AC's Access accounts (possibly more than that, to be perfectly honest) and one is then looking for a home for additional funds. Personally I wouldn't dream of going into RS's 5Y account with rates this low - the high early exit cost means that anything less than 6.5% isn't worth a look, IMHO. OTOH, the 1Y market at 5% ish is a bit more interesting and maybe more comparable to AC's 30DAA.
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coogaruk
Hello everyone! Anyone remember me?
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Post by coogaruk on Dec 10, 2019 14:59:54 GMT
That's way below what I'm prepared to lend at in that market... Especially as I'm currently enjoying a higher rate in the 1 Year!
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sd2
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Post by sd2 on Dec 16, 2019 11:33:24 GMT
Are you talking about the one year market or the plus? I haven't got access anymore to the one year just the plus. I have got access to the 5 year. I think it maybe time to stop investing in all markets as I suspect there maybe an increase in rates at least short term as people start to divest . To me the rule the higher the interest the higher the risk etc. Property lending is where you will get your 6%+ now. With the inherent risks. Or of course unbolted with an as yet unknown risk.
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coogaruk
Hello everyone! Anyone remember me?
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Post by coogaruk on Dec 16, 2019 12:41:27 GMT
Are you talking about the one year market or the plus? The One Year. My last match there was 5.1%
I won't ever be touching Plus (or Max) with a barge pole. Nor the Five Year again, in all likelihood. And if (more likely when) the old markets are taken away from us I will go into wind down mode.
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sd2
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Post by sd2 on Dec 17, 2019 10:39:29 GMT
Are you talking about the one year market or the plus? The One Year. My last match there was 5.1%
I won't ever be touching Plus (or Max) with a barge pole. Nor the Five Year again, in all likelihood. And if (more likely when) the old markets are taken away from us I will go into wind down mode.
Damn wish I had left some money in the one year market. Emptied it when I got £8000 in the quick access at 7.1% it's down to 6.4% now
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Post by jamess on Dec 17, 2019 10:59:07 GMT
Got 5.2% in the 1 year market this morning.
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Post by stevepn on Dec 17, 2019 12:42:24 GMT
I have last years ISA in the 1 year market at 5.5% and finishes in February, this will be transfered to the access account and probably later back into other P2P or a Building Society.
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Post by oppsididitagain on Dec 17, 2019 15:49:18 GMT
if people are patient and load their orders - the 1yr could match at 5.7 or 5.8% in next few hours
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morris
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Post by morris on Dec 17, 2019 17:17:52 GMT
Just got 5.7%.
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macq
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Post by macq on Dec 17, 2019 17:18:04 GMT
Pretty sure every time someone on the forum does a tip about better rates the elves at RS HQ get there abacus out and check the methodology of the latest t&c's and come out with a new "improvement"
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aju
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Post by aju on Dec 18, 2019 1:27:33 GMT
Pretty sure every time someone on the forum does a tip about better rates the elves at RS HQ get there abacus out and check the methodology of the latest t&c's and come out with a new "improvement" Looking at the current queue on the 1Y they would only have to put 250k into it and even the 10% ones might get a touch. Mind you there were some people recently on Trustpilot withdrawing large sums so perhaps that has a bearing too. certainly enough money to cover the current 251.5k queue twice over or more.
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Stonk
Stonking
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Post by Stonk on Dec 18, 2019 9:08:57 GMT
Pretty sure every time someone on the forum does a tip about better rates the elves at RS HQ get there abacus out and check the methodology of the latest t&c's and come out with a new "improvement" Looking at the current queue on the 1Y they would only have to put 250k into it and even the 10% ones might get a touch. Mind you there were some people recently on Trustpilot withdrawing large sums so perhaps that has a bearing too. certainly enough money to cover the current 251.5k queue twice over or more.
I doubt RS would let it happen. Something an RS representative once said a long time ago leads me to believe there are checks in place to prevent a borrower order taking out the whole order book unless RS explicitly permits it. More likely they would let it sit at an attractive level and attract lenders.
If it did happen, then it would be intentional, similar to the time a few months ago when Rolling matched up to 10%. RS allowed that to happen (quietly at a weekend) because a large backlog of RYIs had developed and lenders were getting nervous about how long it was taking to RYI.
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