registerme
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Post by registerme on May 20, 2017 9:55:20 GMT
Will let everyone know if anything chrysalises. Will be a shame if it does, would far rather it crystallise I don't know, the thought of a caterpillar turning into a butterfly kind of sums up my more optimistic thoughts about P2P .
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pom
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Post by pom on May 20, 2017 10:20:12 GMT
Will be a shame if it does, would far rather it crystallise I don't know, the thought of a caterpillar turning into a butterfly kind of sums up my more optimistic thoughts about P2P . True, but it depends if we can invest at the caterpillar stage or have to wait and see what hatches out to be invested in!
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stevio
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Post by stevio on May 20, 2017 17:31:37 GMT
MoneyThing , is this larger loan still likely to go ahead, timescale? Morning, Unsure as yet, still awaiting further information. We have however been approached to look at funding an strong property development in Southend, sub 50% LTV but with an initial £4.3m requirement (plus £5.5m development). Will let everyone know if anything crystallises. Regards, Ed If you can keep the low LTV, around 12% with a reasonable term, think this would have a lot of interest
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Post by GSV3MIaC on May 20, 2017 18:20:57 GMT
As mentioned before, there'd be a lot more interest (in both senses) if it was ISA-able. In a related vein, I see the SM has (probably temporarily) lost its sales liquidity, at least for a few of the loans. I guess folks would be moving money from elsewhere, except that is rather illiquid too. Or maybe it's just weekend lassitude? 8>.
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mary
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Post by mary on May 20, 2017 18:33:21 GMT
Both of these are very interesting, term is also a factor, so if 12 months I'm in for a good wedge. As noted, the other side is sparse with good 12% opportunities and I've already freed funds to move over on Monday.
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oik
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Post by oik on May 20, 2017 19:52:22 GMT
In a related vein, I see the SM has (probably temporarily) lost its sales liquidity, at least for a few of the loans. I'm doing my best but taking a fair while to get money in, about two hours so far. Could be because there's a wall of payments coming in or because the things want bit of a life on a Saturday evening. Or could be my bank thinks I've transfered too much today already and need their care and protection.
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Post by MoneyThing on May 20, 2017 20:05:34 GMT
In a related vein, I see the SM has (probably temporarily) lost its sales liquidity, at least for a few of the loans. I'm doing my best but taking a fair while to get money in, about two hours so far. Could be because there's a wall of payments coming in or because the things want bit of a life on a Saturday evening. Or could be my bank thinks I've transfered too much today already and need their care and protection. Evening oik, Deposits have been checked regularly throughout the day (extra cover because of the loan being launched this weekend). Please email in and we can investigate but we believe all deposits are up to date as of about half-an-hour ago. Regards, Ed
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oik
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Post by oik on May 20, 2017 22:11:10 GMT
Evening oik, Deposits have been checked regularly throughout the day (extra cover because of the loan being launched this weekend). Please email in and we can investigate but we believe all deposits are up to date as of about half-an-hour ago. Regards, Ed Thanks Ed, in that case it might be my bank sitting on it. Made three transfers to MT today so they may have decided it looks suspicious. The last one went before 6 and still showing as pending at 11 pm. I'll check with the bank in the morning before I pester you.
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theshape
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Post by theshape on May 20, 2017 22:46:21 GMT
If anyone is depositing from Tesco Bank, they've been slow on Saturday late afternoon/evenings. I've got two deposits sent but not yet reached my Moneything account. Same with a deposit to Collateral last Saturday.
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oik
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Post by oik on May 20, 2017 22:48:38 GMT
Jeez. Just phoned the bank, Tesco. They told me that their servers are down for maintenance every week from 4pm on Saturday to 6am on Sunday. So my 4.50pm payment won't be sent till 6am tomorow despite displaying the message: "Your payment will reach the payee within 2 hours" when I did the transfer and not mentioning any maintenance. Other banks give a week's notice and don't start till 2.am. Seems Tesco's bank isn't any better than their stores.
Will need to use another current account methinks. Pity, because it was handy to transfer cash from their savings account to current account.
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theshape
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Post by theshape on May 20, 2017 23:03:36 GMT
Oik,
Did you make the transfer from the app?
I did that last weekend and everything looked fine (as it did this evening). I later logged on to internet banking and saw a message re maintenance.
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jonah
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Post by jonah on May 21, 2017 8:11:37 GMT
Jeez. Just phoned the bank, Tesco. They told me that their servers are down for maintenance every week from 4pm on Saturday to 6am on Sunday. So my 4.50pm payment won't be sent till 6am tomorow despite displaying the message: "Your payment will reach the payee within 2 hours" when I did the transfer and not mentioning any maintenance. Other banks give a week's notice and don't start till 2.am. Seems Tesco's bank isn't any better than their stores. Will need to use another current account methinks. Pity, because it was handy to transfer cash from their savings account to current account. You can have multiple current accounts with different banks.... i.e. Keep the Tesco one but have another one for other things.
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oik
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Post by oik on May 21, 2017 10:07:13 GMT
Oik, Did you make the transfer from the app? I did that last weekend and everything looked fine (as it did this evening). I later logged on to internet banking and saw a message re maintenance. Not from an app, via website. And is still showing at MT as pending. Called Tesco again this morning and they confirmed there wasn't a warning re maintenance last night and that many others have complained. Now say it wouldn't have gone through at 6am, despite what I was told last night, but could be anything up to 5pm tonight due to backlog. I'm seriously irritated as there were lots of bits last night and this morning that I would have picked up and want another bite at Plymouth at 4pm. Have raised a complaint. You can have multiple current accounts with different banks.... i.e. Keep the Tesco one but have another one for other things. I've got several other current accounts. Are MT ok about receiving money from a non-designated account or is there a problem with anti money-laundering rules?
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theshape
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Post by theshape on May 21, 2017 12:27:11 GMT
Moneything confirmed my two deposits at approx 8am this morning. Last week my deposit reached Collateral at approx 5am. Presumably just depends where you are in the queue. Or just luck?
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littleoldlady
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Post by littleoldlady on May 24, 2017 21:58:46 GMT
I've got several other current accounts. Are MT ok about receiving money from a non-designated account or is there a problem with anti money-laundering rules? I have done this with no problem. Remember to flag up the deposit under Funds. Ignore the details of the "From Bank" just send it from any account. Edit: This may only work temporarily - see Ed's later post 3 down.
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