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Post by stevepn on Aug 20, 2017 19:42:43 GMT
Mrs N has had a small run of early repayments too. I had 7 early repayments last night about 4 K as well I have never had an early repayment on 5 yrs but in the last fortnight I have suddenly had 3.
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mikeb
Posts: 1,052
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Post by mikeb on Aug 20, 2017 20:03:12 GMT
About 11% of my 5-year money all suddenly repaid, leaving me with quite a bit in the holding account.
Usually, I get an email from RS saying "A bit of interest has paid back early. The £0.07p has been reinvested according to your instructions", or similar trivial updates.
Did anyone else get a "11% of your money has just been returned" email covering these? Or were you surprised by finding lotsa loose change in the holding account?
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agent69
Member of DD Central
Posts: 5,589
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Post by agent69 on Aug 20, 2017 20:09:06 GMT
About 11% of my 5-year money all suddenly repaid, leaving me with quite a bit in the holding account. Usually, I get an email from RS saying "A bit of interest has paid back early. The £0.07p has been reinvested according to your instructions", or similar trivial updates. Did anyone else get a "11% of your money has just been returned" email covering these? Or were you surprised by finding lotsa loose change in the holding account? I had emails for all the early repayments, some were up to £500
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Post by dan1 on Aug 20, 2017 20:20:19 GMT
A question for all those receiving early repayments in the last few days - when you received your email from RS "Update on RateSetter intervention with borrowers" on 18 Jul, did it indicate that you were matched to these borrowers? Is there a link or am I reading too much into this?
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Post by bobthebuilder on Aug 21, 2017 4:07:55 GMT
A question for all those receiving early repayments in the last few days - when you received your email from RS "Update on RateSetter intervention with borrowers" on 18 Jul, did it indicate that you were matched to these borrowers? Is there a link or am I reading too much into this? Can't be sure , but there may well be a link. I had early repayments in the 5 year market totalling more than £4K on Friday, and the e-mail I received on 18/7 included the words "Our records show that today (18th July) you are matched to a loan with one of these borrowers".
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Post by jockstrap on Aug 21, 2017 8:48:36 GMT
A question for all those receiving early repayments in the last few days - when you received your email from RS "Update on RateSetter intervention with borrowers" on 18 Jul, did it indicate that you were matched to these borrowers? Is there a link or am I reading too much into this? Can't be sure , but there may well be a link. I had early repayments in the 5 year market totalling more than £4K on Friday, and the e-mail I received on 18/7 included the words "Our records show that today (18th July) you are matched to a loan with one of these borrowers". Me too. In the last few days I've had 4 early repayments in the 5yr market, and my July email included the same statement -- it's near the end, in the penultimate paragraph. However, 2 of my 4 repaid loans were initiated AFTER the 18 July email and they were due to run for the full 60 months. So I guess that these are not related to the wholesale borrowers.
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DeafEater
Member of DD Central
Extremely Moderate
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Post by DeafEater on Aug 21, 2017 12:11:43 GMT
Last week was about 1k in total of early repayments. Today a further 5k. It does look like they're spring cleaning.
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ashtondav
Member of DD Central
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Post by ashtondav on Aug 21, 2017 12:44:37 GMT
Yep, last week had about 20 Early repayments.
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annie
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Post by annie on Aug 22, 2017 21:26:38 GMT
Email received confirming closure tomorrow and to expect cash in a week.
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Post by dan1 on Aug 22, 2017 21:47:02 GMT
Email received confirming closure tomorrow and to expect cash in a week. My account was closed on 17 Aug (I could log in in the morning and early afternoon), and I received funds today (3 working days) although no email yet confirming the closure.
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shuff27
Member of DD Central
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Post by shuff27 on Aug 23, 2017 7:15:11 GMT
Same timing as dan1 & I also haven't received an email confirmation of closing funds transferred to my bank account. So suggest anyone going through this process keeps an eye on their receiving bank account.
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Post by dan1 on Aug 25, 2017 14:52:17 GMT
Same timing as dan1 & I also haven't received an email confirmation of closing funds transferred to my bank account. So suggest anyone going through this process keeps an eye on their receiving bank account. shuff27 - I've still received no communication from RS, have you?
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annie
Posts: 45
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Post by annie on Aug 25, 2017 16:41:14 GMT
Funds from sell out(s) received into bank and email confirming also received today ☺
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Post by dan1 on Aug 25, 2017 17:37:41 GMT
Funds from sell out(s) received into bank and email confirming also received today ☺ Received my email about an hour ago informing me the proceeds will be paid into my bank account and to call them if I'd like to update my bank account details. I received the funds on Tuesday! I guess they only communicate on the sell-out on Fridays, will wait until next Friday for the summary email.
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shuff27
Member of DD Central
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Post by shuff27 on Aug 26, 2017 6:30:26 GMT
I also received the sell out confirmation email yesterday. Seems like RS are sending them in batches.
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