Feature request: push loan parts / sell to nominated user

Can this lead to a "black market" type of trading? What I am thinking of is a situation where oldgrumpy (sorry for using you for the example - I hope you do not mind) wants to buy some loan parts from me and I ask him an extra amount of money to pass them to him - money that can be transferred in an out of account fashion.

Another abuse that I can see relates to when ISAs appear hopefully next tax year. Will there be a possibility for people to move loan parts around between non-ISA and ISA accounts so that they gain more tax free interest than their ISA limit allows? This might not work on SS (since all interest is paid at the same time), but I have seen the possibility of this happening on another platform (where interest of different loans are paid on different days of the month), at least in theory.

Comments welcome.

Would you not have an unfair advantage on the prefunding market as well. You get twice the allocation and could easily move it around your accounts.  For example if you have £600 available to invest in your business account, but nothing in your personal account; with two lots of £300 prefunding you could move the £300 from the personal account to your business account.

Maybe, but only by risking the amount on the SM; the feature the OP suggests would make it much easier.

I have two accounts (one personal & one business), and quite often I achieved what you described before botgate, mainly because I was buying on the SM for both accounts, but can only physically bid while on one account. This is now more difficult, because it is hit or miss weather or not you get the re-capta pictures, which reduces the chances of you winning back your own investment.  So what the OP describe bypasses all of that giving an unfair advantage (which I would suspect would benefit me with 2 accounts, but would much rather things be fair!  )

I think the following question is at least tangentially related to this discussion, although I am not sure if it can be answered at this moment in time.

Will we be allowed to have two personal accounts, one of which is ISA wrapped and the other not? I hope that the answer will be yes, though we might need to wait for more details to be released for an answer.

It might be helpful to start brain storming ideas about this or sharing preferences.

Of course, there has already been some discussion about whether the most obvious abuse is going on already. The Midnight Flip - Flipping between accounts to gain interest without actually having the money invested.

Sounds like a huge can of worms from so many perspectives, many raising legal & regulatory questions I suspect

I can still see some point in a one-time-only (or once a year) transfer-at-par-into-ISA facility, but whether it's worth the effort for SS to offer it, and whether HMG have even decided whether it is acceptable, are rather debatable. Separate ISA account is already a can of worms from the system point of view, and while completely separate login would be easy to implement, you then have the 'dual allocation at prefunding', and the 'OMG, which account do I stay logged in to play captcha with' (if you want to participate in the SM) etc etc.

ping-pong between accounts, ISA'd or otherwise, is never going to be acceptable behaviour.