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Post by newlender on Nov 9, 2017 15:00:57 GMT
Well, I'm finally fully funded (£19.999.99 actually) in the Zopa ISA. I have £17k in Core and £3k in Z+. How does that compare with other forumites?
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aju
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Post by aju on Nov 9, 2017 18:47:11 GMT
Well, I'm finally fully funded (£19.999.99 actually) in the Zopa ISA. I have £17k in Core and £3k in Z+. How does that compare with other forumites? We are only 75% fully funded in our ISA's and at the moment mine and Mrs Aju's are both split as follows. 87% (13k) Core and 13% (2k) Z+ At the moment I'm planning to transfer more to ISA Z+ and ISA Core when Dec Arrives and classic relend stops, I will keep the same splits.
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Post by misotu on Nov 14, 2017 9:41:10 GMT
Mr M and I are 100% Core.
BTW, does anyone understand why we only seem to be able to put in £19,999.99 rather than the full £20k?!
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aju
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Post by aju on Nov 14, 2017 10:20:39 GMT
Mr M and I are 100% Core. BTW, does anyone understand why we only seem to be able to put in £19,999.99 rather than the full £20k?! I meant to ask that one, seems a bit odd but perhaps the programmer is starting from 1 rather than the normal software protocol of 0. Probably never tested it to "20000" offered either.
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bob2014
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Post by bob2014 on Nov 14, 2017 10:37:33 GMT
I have full £20,000 in ISA. I transfered in typically manual £500 amounts to keep below £1999, so avoided transfering the odd fractions. Spread 50/50 started in core then I thought plus might go faster but i dont think it did.
PS after initial £1000 from bank all others were from my classic
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Post by misotu on Nov 15, 2017 10:52:06 GMT
My last deposit into my ISA was a transfer from my Zopa investor account. I remember having to change the amount to transfer as it rejected the sum that would have taken me to exactly £20k. If Bob2014 has the full £20k perhaps it's worth sending £0.01 by faster payment and seeing what happens  OTOH, if aju has been maintaining/increasing his holdings in Classic then presumably he hasn't been funding his ISAs at all with transfers across from his Investment account?  I don't understand why it affects some people and not others - I did wonder whether the system was applying rounding to transfers from Investing to ISA, even though it clearly should not? |
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aju
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Post by aju on Nov 15, 2017 12:39:45 GMT
I can confirm that both myself and MrsAju have only been funding into the ISA offerings with new money. At present I have not funded any ISA with money from Investment.
When I said I would be cross funding it was after the closure of classic. as I said though with new offer of moving the SG over I may wait a while to see if it materialises. In the meantime I will move returned money in investment out to MrsAju and relend in her Core as she does not pay tax. If the new ISA transfer doesn't materialise before the end of Jan then I might consider lending it to ISA to get the full year allocation benefit.
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ashtondav
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Post by ashtondav on Nov 16, 2017 10:31:46 GMT
0% in Zopa. Waiting for the RS product - 6%+ and a PF. Why stay here?
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Post by newlender on Nov 16, 2017 11:51:21 GMT
No tax to pay on the ISA. 43% of mine is still safeguarded anyway as I got in early and picked up lots of old contracts. I'm drawing down my ordinary investment in Zopa though as I agree that the rates are not good after tax. IMHO both platforms have their pluses and minuses and I went for the first to offer an ISA. I'm looking elsewhere now for a few £K to invest and like the look of Landbay; (depends what Mr Hammond says about buy-to-let though).
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easylender
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Post by easylender on Nov 17, 2017 23:30:28 GMT
I currently have £10k in the ISA, funded by running down Classic, split 50/50 between Core and Plus (just to see how returns compare). My intention is to let this continue until there is £20k in the ISA, and then take all future repayments from Classic off the platform. Rates are falling and risks are rising, so why am I still here?
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OTOH, if aju has been maintaining/increasing his holdings in Classic then presumably he hasn't been funding his ISAs at all with transfers across from his Investment account? 
I don't understand why it affects some people and not others - I did wonder whether the system was applying rounding to transfers from Investing to ISA, even though it clearly should not?