toast
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Post by toast on Oct 5, 2017 17:58:46 GMT
some transportation assets passing through at 75% Sounds like someone selling unwrapped holding into their ISA.
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toast
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Post by toast on Sept 14, 2017 18:21:50 GMT
MoneyThing , is it intentional that drawdowns 9-10 (BPF705 and BPF711) lack "renew" flags but drawdowns 1-8 have them?
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toast
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Post by toast on Aug 24, 2017 14:11:54 GMT
I suspect that MTAT788 is not supposed to have a "renew" tick box!
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toast
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Post by toast on Aug 24, 2017 11:36:59 GMT
What's with the MTAT787 loan on the primary market? Loan details refer us to the "updates" tab which doesn't show up for me...
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toast
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Post by toast on Aug 18, 2017 17:21:19 GMT
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toast
Member of DD Central
Posts: 158
Likes: 90
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Post by toast on Aug 17, 2017 17:07:25 GMT
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toast
Member of DD Central
Posts: 158
Likes: 90
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MoneyThing (MT) in Administration
Renew All
Aug 16, 2017 14:47:26 GMT
Post by toast on Aug 16, 2017 14:47:26 GMT
Hi MoneyThing, is the "renew all" button failing to tick all the boxes a known bug that you're tracking internally? Loan RCC690N has gained a check-box, so I clicked "renew all" and result was that this check-box remained unticked. My expectation was that RCC690N's check-box would get ticked (along with all others that I had not yet ticked).
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toast
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Post by toast on Aug 11, 2017 18:02:41 GMT
That's great, thanks Matthew!
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toast
Member of DD Central
Posts: 158
Likes: 90
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MoneyThing (MT) in Administration
IFISA
Aug 5, 2017 12:55:07 GMT
Post by toast on Aug 5, 2017 12:55:07 GMT
I thought the compliance rule was more along the lines of "ISA purchases must be from the public market"? So if I put load part X up for sale on the public market then I can still buy that back same loan part back inside my IFISA so long as I'm quick enough? I thought the compliance issue was more to do with prohibiting transfer of loan parts into ISA via some route that did not involve the public market. At least I hope that's the case. Otherwise we'll have to rely on selling between spouses or between personal and company accounts to "hang on" to our loan parts... They seem to going along with my view, which is that provided there was an opportunity for someone else to buy the part before you then it's OK. BTW you may not be buying the same loan part that you sold, which a second party might have bought, just the same amount of the same loan that a third party has put up for sale. Provided this scenario is possible, even if unlikely, then IMO it's OK. I came across a couple of citations of rules around purchases inside an IFISA: Nush posted a reference to the Guidance Notes for ISA Managers which states the following... Nick pointed out the separate condition requiring purchases from the open market... So maybe a purchase via the SM (an open market) is indeed permitted even if it happens to be the loan-part I put up for sale from my non-ISA account? I guess it's a question of whether I would be purchasing "from the SM" or directly "from the selling party". And I guess this might be different across different platforms depending on how they structure their SM. I wish this was clearer than mud.
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toast
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Post by toast on Aug 2, 2017 16:51:21 GMT
Take note of the transfer out fees (I assume it's measured in £...)
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toast
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Likes: 90
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Post by toast on Aug 2, 2017 13:13:01 GMT
Yeah, I used to re-invest every £1 as soon as possible, but decided just to chill-out a bit. I now keep a small amount (around my "standard purchase amount") in my MT account as cash so that I can pounce on SM if I notice something rare come up. If this small amount of cash was in my current account instead then it wouldn't be earning any interest anyway.
This prevents all the dozens of tiny purchases cluttering up "my loans". I'm less likely to suffer "superman salami slicing" on the fractions of a penny in earnt interest. I just keep an eye on how much uninvested cash I have on MT when a new loan arrives or a renewal occurs. Easy!
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toast
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Post by toast on Jul 23, 2017 20:47:43 GMT
There's a fair chunk of MTAI576-9 on the SM right now. I don't recall seeing much up for sale before today. Any particular reason behind this that I might be missing?
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toast
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Post by toast on Jul 22, 2017 17:06:48 GMT
Ah. I just found that once logged in, there's an "Updates" sub-page in the "Support" section which lists a whole bunch of updates to various loans. I never knew it was there...
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toast
Member of DD Central
Posts: 158
Likes: 90
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Post by toast on Jul 22, 2017 16:59:05 GMT
Just noticed that there's a small update regarding this loan on the "updates" tab of the loan details page. Don't panic - nothing to be alarmed about I happened to stumble across this by luck. Would be good if updates like this get posted to this forum or sent to lenders via email - I don't see either yet.
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toast
Member of DD Central
Posts: 158
Likes: 90
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MoneyThing (MT) in Administration
IFISA
Jul 21, 2017 15:11:09 GMT
fp and nickything like this
Post by toast on Jul 21, 2017 15:11:09 GMT
What kind of sales' lock will there be to ensure compliance that isa account holders can never trade in their own non-isa loan parts?? I thought the compliance rule was more along the lines of "ISA purchases must be from the public market"? So if I put load part X up for sale on the public market then I can still buy that back same loan part back inside my IFISA so long as I'm quick enough? I thought the compliance issue was more to do with prohibiting transfer of loan parts into ISA via some route that did not involve the public market. At least I hope that's the case. Otherwise we'll have to rely on selling between spouses or between personal and company accounts to "hang on" to our loan parts...
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