aju
Member of DD Central
Posts: 3,486 
Likes: 920
|
Post by aju on Apr 6, 2020 0:21:56 GMT
Looking at rate trends volume entries for RS it seems there was not that much lent out yesterday Sunday 5th Aug - £82771 - relative to normal if I can call it that.
Mind you it is the last day of the old ISA year and the next few days may reap more volume perhaps!
|
|
alanh
Posts: 556
Likes: 560
|
Post by alanh on Apr 6, 2020 8:02:10 GMT
Looking at rate trends volume entries for RS it seems there was not that much lent out yesterday Sunday 5th Aug - £82771 - relative to normal if I can call it that. Mind you it is the last day of the old ISA year and the next few days may reap more volume perhaps! I didn't realise they worked on sundays, but a sunday during the coronavirus lockdown? - it probably not surprising. Actually the main reason lending volumes are low is because it is their stated aim to restrict lending and prioritise investors RYI requests so overall lending in general is going to be lower than it otherwise would be.
|
|
aju
Member of DD Central
Posts: 3,486
Likes: 920
|
Post by aju on Apr 6, 2020 8:21:16 GMT
Looking at rate trends volume entries for RS it seems there was not that much lent out yesterday Sunday 5th Aug - £82771 - relative to normal if I can call it that. Mind you it is the last day of the old ISA year and the next few days may reap more volume perhaps! I didn't realise they worked on sundays, but a sunday during the coronavirus lockdown? - it probably not surprising. Actually the main reason lending volumes are low is because it is their stated aim to restrict lending and prioritise investors RYI requests so overall lending in general is going to be lower than it otherwise would be. I get that you may be correct but surely there is quite a bit of sold loans need to be relent. Does it follow if lending is low then RYI will be considerably slower or am I missing something. That said I am lending into Access but not at really low rate though so I guess you may be right perhaps.
|
|
|
|
Post by bikeman on Apr 9, 2020 12:34:03 GMT
Looking at rate trends volume entries for RS it seems there was not that much lent out yesterday Sunday 5th Aug - £82771 - relative to normal if I can call it that. Mind you it is the last day of the old ISA year and the next few days may reap more volume perhaps! That's a good thing isn't? I'd prefer if RS didn't form any new loans for the timebeing.
|
|
aju
Member of DD Central
Posts: 3,486
Likes: 920
|
Post by aju on Apr 9, 2020 13:35:06 GMT
Looking at rate trends volume entries for RS it seems there was not that much lent out yesterday Sunday 5th Aug - £82771 - relative to normal if I can call it that. Mind you it is the last day of the old ISA year and the next few days may reap more volume perhaps! That's a good thing isn't? I'd prefer if RS didn't form any new loans for the timebeing. I'm sort of Ok with RS at the moment but I agree you can turn of relend on/off with Zopa - Mind you i'm pulling out so relend is off automatically on accounts I am selling out on. You can stop RS relend too by setting the rates as high as possible - works for me so I can target better rates and if I get an 8% then I'm ok with that, doesn;t normally last very long but again it is a way to withdraw funds that build up if you need to..
|
|
