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Post by MoneyThing on Apr 1, 2016 11:31:47 GMT
Afternoon Ed my tax statement interest no longer matches the interest at the top of the statement page. Is the tax statement looking at data 24hrs in arrears? If that the case then this will obviously resolve for today's repayment tomorrow and likely to be fine when people add up their taxes as that will likely be more than a day after the end of the tax year. Might be worth putting a one liner on the page selecting the dates though, to state that it is a day behind. Obviously if I've just misread it that would also be fine, or remove the 24hr delay I guess. Afternoon jonah, It looks like the early payment of the BPF loan has caused a discrepancy since the two figures you mention should match. Will investigate this and revert back. Kind regards, Ed
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Post by gaspilot on Apr 3, 2016 9:37:15 GMT
Afternoon Ed my tax statement interest no longer matches the interest at the top of the statement page. Is the tax statement looking at data 24hrs in arrears? If that the case then this will obviously resolve for today's repayment tomorrow and likely to be fine when people add up their taxes as that will likely be more than a day after the end of the tax year. Might be worth putting a one liner on the page selecting the dates though, to state that it is a day behind. Obviously if I've just misread it that would also be fine, or remove the 24hr delay I guess. Afternoon jonah, It looks like the early payment of the BPF loan has caused a discrepancy since the two figures you mention should match. Will investigate this and revert back. Kind regards, Ed I'm suffering from the same issue and some rather odd behaviour too (which is probably all related). See this thread for my issue: p2pindependentforum.com/thread/4963/tax-statement-anomaly?page=1&scrollTo=105313
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jonah
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Post by jonah on Apr 4, 2016 5:20:04 GMT
Afternoon Ed my tax statement interest no longer matches the interest at the top of the statement page. Is the tax statement looking at data 24hrs in arrears? If that the case then this will obviously resolve for today's repayment tomorrow and likely to be fine when people add up their taxes as that will likely be more than a day after the end of the tax year. Might be worth putting a one liner on the page selecting the dates though, to state that it is a day behind. Obviously if I've just misread it that would also be fine, or remove the 24hr delay I guess. Afternoon jonah, It looks like the early payment of the BPF loan has caused a discrepancy since the two figures you mention should match. Will investigate this and revert back. Kind regards, Ed Further to the above... Just spotted, the capital repaid on the tax statement doesn't seem to have recent BPF loan included.
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Post by MoneyThing on Apr 4, 2016 9:32:11 GMT
Morning,
The discrepancies (caused by BPF347 early repayment), has now been corrected.
Kind regards,
Ed
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Post by MoneyThing on Apr 4, 2016 18:20:42 GMT
Evening,
We have just added a 'Queued behind' column on 'My Loans' > 'For Sale' page to allow investors to see how much is for sale in front of them on the SM.
Kind regards,
Ed
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Apr 4, 2016 19:04:12 GMT
Evening, We have just added a 'Queued behind' column on 'My Loans' > 'For Sale' page to allow investors to see how much is for sale in front of them on the SM. Kind regards, Ed Right Ed, you & Shaung, can stop this now! This constant one upmanship with SS. Everytime an improvement to their platform is suggested you nick it and do it faster. It isnt big but it is clever. Love it Carry on.
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investibod
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Post by investibod on Apr 4, 2016 19:40:47 GMT
Evening, We have just added a 'Queued behind' column on 'My Loans' > 'For Sale' page to allow investors to see how much is for sale in front of them on the SM. Kind regards, Ed Excellent. Just checked and found that the 2 bits I am trying to sell are much closer to the front of the queue than I was expecting. Just need somebody to want to buy them now.
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SteveT
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Post by SteveT on Apr 4, 2016 20:37:29 GMT
Evening, We have just added a 'Queued behind' column on 'My Loans' > 'For Sale' page to allow investors to see how much is for sale in front of them on the SM. Kind regards, Ed That clearly wasn't as much of a challenge for Shuang as I thought! I'll try harder next time Many thanks and keep up the good work!
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jonah
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Post by jonah on Apr 4, 2016 21:43:30 GMT
Morning, The discrepancies (caused by BPF347 early repayment), has now been corrected. Kind regards, Ed My numbers now seem to add up. If only you could increase them by say 100x as easily?
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jonah
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Post by jonah on Apr 5, 2016 18:42:27 GMT
Sorry, me again... and still on the tax statement. My extracted PDF today doesn't have the interest paid today included within it. That is the only difference I can see. Is that 24hr bug back?
On a different note...could the extract for the statement be in either UK or international date format for the title, not US date format?
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Post by MoneyThing on Apr 6, 2016 6:41:34 GMT
Sorry, me again... and still on the tax statement. My extracted PDF today doesn't have the interest paid today included within it. That is the only difference I can see. Is that 24hr bug back? On a different note...could the extract for the statement be in either UK or international date format for the title, not US date format? Morning jonah, Thank you for pointing this out. - The timestamp in the title of the Excel export now fixed. - Tax statement end date search now fixed (it was set to the start of the day instead of the end). Regards, Ed
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spiral
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Post by spiral on Apr 6, 2016 7:04:22 GMT
MoneyThing , is there a reason that when additional tranches of a loan are drawndown under same terms etc as the original tranche, you don't merge them after the primary market has sold out of the new tranche? After today there will be 4 tranches of the kingfisher loan and the SM for the Bolton land has 2 fairly lengthy SM queues. I don't know for sure but I suspect that tranche 1 of Bolton is not moving 6 times faster than tranche 2 which in essence gives tranche 2 holders a queue shortcut. From a personal perspective, this scenario would prevent me under similar circumstances from ever choosing the bigger tranche of the 2 to invest in.
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Post by MoneyThing on Apr 6, 2016 8:14:13 GMT
MoneyThing , is there a reason that when additional tranches of a loan are drawndown under same terms etc as the original tranche, you don't merge them after the primary market has sold out of the new tranche? After today there will be 4 tranches of the kingfisher loan and the SM for the Bolton land has 2 fairly lengthy SM queues. I don't know for sure but I suspect that tranche 1 of Bolton is not moving 6 times faster than tranche 2 which in essence gives tranche 2 holders a queue shortcut. From a personal perspective, this scenario would prevent me under similar circumstances from ever choosing the bigger tranche of the 2 to invest in. Morning spiral, Acknowledged. On our development roadmap, we are looking into the ability to increase the facility of a particular loan where there are additional advances against the same facility to be able to cater for the likes of Kingfisher. The is some complexity as to how we cater for any SM sales that are pending before an additional advance is created and also whether we would suspend the SM for the entirety of the increased facility until such time as it is filled again. With the likes of the Bolton loan, we had two limitations which meant that it was split into two different sized tranches. The first was that our float at the time meant that we couldn't quite fund it in one go (to be able to launch it as a single loan). The second, is that the first tranche needed to be larger to be able to take out the existing 1st charge holder so that we could take the 1st charge. Whilst we could merge these two tranches into one, the problem arises again as to how the existing SM parts are prioritised to make it fair when merging it into one loan. The above is not insurmountable but requires a little more thought as to how best to execute it. Happy to discuss. Kind regards, Ed
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jonah
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Post by jonah on Apr 6, 2016 18:27:29 GMT
MoneyThing , is there a reason that when additional tranches of a loan are drawndown under same terms etc as the original tranche, you don't merge them after the primary market has sold out of the new tranche? After today there will be 4 tranches of the kingfisher loan and the SM for the Bolton land has 2 fairly lengthy SM queues. I don't know for sure but I suspect that tranche 1 of Bolton is not moving 6 times faster than tranche 2 which in essence gives tranche 2 holders a queue shortcut. From a personal perspective, this scenario would prevent me under similar circumstances from ever choosing the bigger tranche of the 2 to invest in. Morning spiral, Acknowledged. On our development roadmap, we are looking into the ability to increase the facility of a particular loan where there are additional advances against the same facility to be able to cater for the likes of Kingfisher. The is some complexity as to how we cater for any SM sales that are pending before an additional advance is created and also whether we would suspend the SM for the entirety of the increased facility until such time as it is filled again. With the likes of the Bolton loan, we had two limitations which meant that it was split into two different sized tranches. The first was that our float at the time meant that we couldn't quite fund it in one go (to be able to launch it as a single loan). The second, is that the first tranche needed to be larger to be able to take out the existing 1st charge holder so that we could take the 1st charge. Whilst we could merge these two tranches into one, the problem arises again as to how the existing SM parts are prioritised to make it fair when merging it into one loan. The above is not insurmountable but requires a little more thought as to how best to execute it. Happy to discuss. Kind regards, Ed I like the idea of loans drawn at the same / almost the same time e.g. bolton being merged. For the SM, the time put onto the market should be clear enough. For loans which have tranches much further apart, I wouldn't merge them, unless they were all 'nothing for sale' in the SM. At that point, the merger makes sense. Personally, higher up the merging parts stack should be the merging of multiple part bought in the same loan. Not least to help keep the place tidy, but also so if you do start merging tranches, we don't get a LOT of parts for each combined loan. For loan
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rogerbu
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Post by rogerbu on Apr 7, 2016 8:18:47 GMT
I would not be in favour of merging loan parts within a loan, it will make tracking a loan and its repayments much more difficult. KISS
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