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Post by harvey on Jul 12, 2016 22:05:26 GMT
I was just reading again todays post Brexit vote update from Saving Stream that I got by email this afternoon.
Two little parts of it have caught my eyes and I quote..
" lenders achieve better yields on new loans that they make"
" good deals at more attractive prices"
I apologize for quoting little snippets out of the full context but I dwelled on those comments and wondered what they meant exactly.
Is this Saving Stream code for hinting that some future loans may be offered to lenders at higher rates than 12%?
Probably not but I thought it best to allow the experts on here to put me right to stop me salivating about bigger returns over the coming months.
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Liz
Member of DD Central
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Post by Liz on Jul 12, 2016 22:10:54 GMT
Maybe SS will be using the extra yield, to pay for the inevitable topping up of the PF, which may need to be topped up more often and by more funds, than was expected.
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kermie
Member of DD Central
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Post by kermie on Jul 12, 2016 22:50:04 GMT
I would have expected lower LTVs ("better prices") rather than higher interest rates. Witness what is appearing in the pipeline.
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Post by trevxe on Jul 13, 2016 10:00:26 GMT
I would have expected lower LTVs ("better prices") rather than higher interest rates. Witness what is appearing in the pipeline. I'd be happy with that. Have been moving a bit of money to LendInvest since Brexit due to their lower LTVs, but interest rates are lower there and there is no secondary market so much less liquid.
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crypt
New Member
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Post by crypt on Sept 7, 2016 10:27:34 GMT
I would have expected lower LTVs ("better prices") rather than higher interest rates. Witness what is appearing in the pipeline. I'd be happy with that. Have been moving a bit of money to LendInvest since Brexit due to their lower LTVs, but interest rates are lower there and there is no secondary market so much less liquid. Lately I am having difficulties to find enough loans to invest in. There is only few loans that are not after repayment date available for investments. After Brexit I was able to invest into 50 loans instantly. What abrupt change in sentiment. I am afraid it will not take long and they will decrease the interest on loans. See my link {link removed by mod} how I am doing on different European p2p platforms. I take into account how long it takes me to send money to platform and how long it takes to be fully invested when computing internal rate of return.
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Post by Deleted on Sept 7, 2016 10:39:24 GMT
Crypt, you seem to have a limited vision of the UK market.
There is a HUGE potential of increase for bridging loans and we are just at the beginning with crowdfunding...
Also, if you check for example NOW FundingSecure, you will see they have PLENTY of available secured loans and struggle to fill them (most at the moment are 13% + bonus for larger investments). Your 'experience' should not be limited to a single Platform, which is so popular probably also because it is far easier to use than the others...
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