Post by Greenwood2 on Apr 7, 2018 11:46:00 GMT
They did say there would be no access for a few days during the process, but I was expecting it to happen on or after the 6th. Fortunately I saw the email so I did have time to get everything I wanted before it closed down. I posted on here to give a heads up to anyone else affected.
I'm pretty sure it is not allowable to just transfer the funds from non-ISA to ISA, they have to be realised at market value and the money reinvested. Zopa claim that they will buy similar loans, which I hope includes not buying new loans that would then not pay for a month or more and would have no interest accrued, if so it should be swings and roundabouts on losing and gaining accrued interest.
I'll definitely check all my settings when it completes!
I'm pretty sure it is not allowable to just transfer the funds from non-ISA to ISA, they have to be realised at market value and the money reinvested. Zopa claim that they will buy similar loans, which I hope includes not buying new loans that would then not pay for a month or more and would have no interest accrued, if so it should be swings and roundabouts on losing and gaining accrued interest.
I'll definitely check all my settings when it completes!
