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Post by tonybbpp on Jan 31, 2017 18:38:22 GMT
Looks like someone just flicked a switch on £400k of loans matching up to 5.9%. Can anyone explain to me how this "market" actually works?
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oldgrumpy
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Post by oldgrumpy on Jan 31, 2017 18:40:24 GMT
Looks like someone just flicked a switch on £400k of loans matching up to 5.9%. Can anyone explain to me how this "market" actually works? No!!!!
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agent69
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Post by agent69 on Jan 31, 2017 19:22:10 GMT
Looks like someone just flicked a switch on £400k of loans matching up to 5.9%. About £750k gone in the last hour, did anyone get 6%?
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Post by tonybbpp on Jan 31, 2017 21:51:34 GMT
No, but got the 5.9% I was after.
Now there's a lender offer of £350k come in at 5.4% which shows as a single lender offer. A cynic might think Ratesetter was hoping that was going to come sooner.
Does all this actually class as peer to peer lending any more?
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agent69
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Post by agent69 on Feb 1, 2017 17:54:16 GMT
My reinvestments have gone back in at 5.9%, but now £900k in front of me in the queue. What a difference a day makes.
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agent69
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Post by agent69 on Feb 10, 2017 18:47:12 GMT
My reinvestments have gone back in at 5.9%, but now £900k in front of me in the queue. What a difference a day makes. Rates back up to 5.9% again
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oldgrumpy
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Post by oldgrumpy on Feb 15, 2017 12:48:52 GMT
Could be in 5.7/5.8% territory again this afternoon. edit: 13:22 I appear to have jumped the 5.2-5.8 Q by £250K by offering at 5.8% on this odd situation and getting an instant match. Attachments:
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Post by dualinvestor on Feb 15, 2017 13:38:18 GMT
Could be in 5.7/5.8% territory again this afternoon. edit: 13:22 I appear to have jumped the 5.2-5.8 Q by £250K by offering at 5.8% on this odd situation and getting an instant match. I have just done the same, it would appear that someone has put an offer in well above the previous one and it is taking the machine a while to work out all the intermediate ones.
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nairda
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Post by nairda on Feb 15, 2017 13:55:58 GMT
Strange goings on at Ratesetter. Yesterday my wife sold out some of her holding as part of our lending rationalisation. She sold all her 3 year loans with a substantial chunk of her 5 year loans and the deal was completed within minutes and the money reached our bank account this morning. Later in the day (yesterday) she changed her reinvestment options from holding account to reinvest in 5 year at a rate of 5.8% I think it was. During the evening she changed her mind and reverted to return to holding account. There was nothing on offer, but when checking her account today it turns out that yesterday she has picked up a loan of over £2600 at 6.1%. Her total returns for February are no where near this amount and she has been withdrawing periodically when her holding account reaches or exceed £100.
Quite where this money has come from I have no idea and her total investment figure is correct. Not that we are complaining about getting 6.1%.
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adrianc
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Post by adrianc on Feb 15, 2017 14:53:18 GMT
...it turns out that yesterday she has picked up a loan of over £2600 at 6.1%. Very odd, because I've got a tenner placemarker waiting at 5.9% that hasn't gone.
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Post by ruralres66 on Feb 15, 2017 14:59:18 GMT
I have just had a 4.0 matched in rolling. It was several thousand. I find larger amounts seem to go quicker than smaller sums?
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Post by yorkman on Feb 15, 2017 16:32:36 GMT
I'd better keep quiet about my £400 at 4.1% a few minutes ago then.
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ashtondav
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Post by ashtondav on Feb 20, 2017 22:01:15 GMT
Just had a decent wedge hoovered up at 5.8% and it's only the 20th. Could be tasty 😋 😋
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wapping35
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Post by wapping35 on Feb 22, 2017 14:47:12 GMT
I see some v chunky borrowers have arrived in 5 year just now. One for £413k and another for £198k...
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elliotn
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Post by elliotn on Feb 22, 2017 14:58:26 GMT
Any link to mass loans being redeemed under the t&c fee free exit?
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