lobster
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Post by lobster on Apr 29, 2016 13:24:43 GMT
OMG - that's embarrassing !! My apologies for time wasting - thought I had tried that but somehow concluded that I couldn't do it. Thanks
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lobster
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Post by lobster on Apr 29, 2016 13:15:08 GMT
I'm trying to sell £100 EXACTLY of a PBL, but my loan part is £200 , so I am using that "slider thing" , but its almost impossible to get it to the exact penny (I want to avoid messing about with shrapnel).
Just wondering if anyone knows if there is a way to sell an EXACT amount that is less than the value of the loan part ?
Thanks in advance, Lobster
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lobster
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Post by lobster on Apr 29, 2016 9:25:00 GMT
It sounds to me very much like there was nothing wrong with the code itself, the problem was that it was released to the live platform by accident , rather than the test environment.
So presumably we can assume from this that SS are indeed actually planning to implement something like a "7 day" rule ? ie. If you purchase any loan part, you have to wait a minimum of 7 days before disposing of it ? Or at the very least , they are experimenting with it.
Obvioulsy they would communicate with all platform users before any live release.
However it seems to me that any such implementation of a 7 day rule would only serve to reduce platform liquidity.
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lobster
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Post by lobster on Apr 22, 2016 11:25:03 GMT
At a guess I'd say underwriter (singular) - QAA.
I noticed this too - but it doesn't seem to be behaving normally... I've a buy order in on loan 258 which has been there for over 4 hours now, concurrently with the units for sale. I've not bought any units and the total number on sale hasn't reduced. Any thoughts? Cheers Sound strange to say the least ?? At the risk of asking the obvious, the funds are definitely in your MLIA account as opposed to just in your cash account ?
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lobster
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Post by lobster on Apr 22, 2016 9:32:39 GMT
All of a sudden yesterday (21st April) a whole load became available on the SM. Looks like a number of attempted sales of between 20k and 30k as far as I can see.
Does anyone know if this is likely to be underwriters doing the selling, or perhaps a "normal" AC account holder ? Just seems like a lot to hit the SM all at once ??
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lobster
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Post by lobster on Apr 12, 2016 7:30:14 GMT
Made my first investment of £500 into GEIA about a week ago , during which time precisely £6.22 has been invested . Anyone know if this is normal ? Anyone had better luck recently ? I'm very tempted just to withdraw the funds and forget about the GEIA. It appears to be so green that it doesn't believe in investing your money at all !
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lobster
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Post by lobster on Apr 11, 2016 14:04:33 GMT
So am I right in thinking that p2p interest needs to be specifically entered on the tax return on the supplementary form "SA101" is that correct ? Or is that just if there are bad debts to reclaim ?
I had assumed that p2p interest would simply be lumped in with "untaxed uk interest" on the main part of the tax return ??
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lobster
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Post by lobster on Apr 4, 2016 12:22:34 GMT
As many here will know, SS provide an "Investor Activity" tab with each loan, which relates to recent activity on that particular loan, providing a date, an encrypted investor name, and an amount. I may be missing something obvious (wouldn't be the first time ) , but is there any way of telling whether the "amount" refers to a buy order or a sell order ? Thanks
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lobster
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Post by lobster on Mar 18, 2016 8:33:48 GMT
This may have been discussed before but just recently the SM is hugely more liquid than a couple of weeks ago, not just for AC but seemingly for other P2P's also. Good news I guess but the pessimist in me can't help feeling a bit nervous. Why so many sellers all of a sudden ? Is it anything to do with the new financial year looming and/or new P2P ISA rules ? Or are folks getting a bit worried about the property market going forward ? So many P2P loans are property oriented that a slump would stress many of these loans significantly, although they are obviously asset backed.
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lobster
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Likes: 467
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Post by lobster on Sept 29, 2015 6:23:09 GMT
Bah - didn't work fully for me. My emails from SavingStream are still ending up in spam despite added their email address as a contact. For now, I've set my spam settings to send spam to the inbox but tagged as spam. I'll report the issue to Virgin - I use an @ntlworld email address with them. Yes Boom-or-Bust - my experience is the exact same as yours. That's got to be a virgin-media glitch - the emails should definitely come thru cleanly if the senders email address is added to the contact list. Irritating. edit - I'm also ntlworld btw.
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lobster
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Post by lobster on Sept 28, 2015 8:20:22 GMT
That those borrowers have raised the maximum sum against their property that SS will lend to them. Yes of course , thanks - should have figured that out for myself. Still got a bit to learn around here !
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lobster
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Post by lobster on Sept 28, 2015 7:35:11 GMT
As many will know here, SS has a maximum LTV of 70%. Right now there are 45 live loans and it seems like an enormous coincidence to me that no less than 23 of these loans have an LTV that just happens to be bang on the exact maximum of 70% ?? Just wondering if there is a simple explanation (or ANY explanation ) for this ? Thanks
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lobster
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Post by lobster on Sept 23, 2015 22:02:38 GMT
Yup - zero allocation for me too, in spite of having the funds sitting in the MLIA. Has ANYONE been allocated ANYTHING for #198 ? AFAIK, no. Which suggests to me that something went wrong with the allocation process, which probably means we need to wait until tomorrow before anything happens. Chris might not have responded here because he's busy working on a bug fix. Sounds more than plausible - the entire platform is a bit of a bug-fest nowadays. Hopefully it will all be ironed out soon.
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lobster
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Post by lobster on Sept 23, 2015 21:46:20 GMT
Yup - zero allocation for me too, in spite of having the funds sitting in the MLIA. Has ANYONE been allocated ANYTHING for #198 ?
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lobster
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Post by lobster on Sept 22, 2015 16:11:53 GMT
Your understanding is correct. ASUI from your post , you will collect your monthly interest month by month on both tranches of GBP 500 , and it will be reinvested as per your re-investment settings. If you ever want to take out your cash or swap into a different RS product , then simply change your settings. Might seem a bit daunting at first, and probably different to what you are used to, but it really is pretty straightforward - you'll soon be wondering what all the fuss was about . However as I'm sure you appreciate you do have to accept more risk than having funds in a high street bank.
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