|
|
Post by essexboy on May 22, 2021 15:20:46 GMT
Apologies if this has been covered, but I am trying to find out which type of investors BOUGHT the (discounted) loans, from those existing lenders (including me) who exited at the beginning of April.
Seems to me that it must have been institutional buyers eg Intriva, but LW are insisting it was all retail buyers.
Given the heavy delays to investing new money that many are reporting in this thread, I really don’t see how it could have been retail money hoovering up this stuff.
Anyone have any useful insights?
Thanks in advance.
|
|
|
|
Post by birdie on Jun 24, 2021 7:10:40 GMT
Still no movement for me yet, 15 months on offer.
|
|
mogish
Member of DD Central
Posts: 1,105
Likes: 527
|
Post by mogish on Jun 24, 2021 10:32:19 GMT
Still no movement for me yet, 15 months on offer. Patient person birdie. Presume it's a small test amount your hoping to invest? I think (like most sites) they are trying to tell us something 😁
|
|
jlend
Member of DD Central
Posts: 1,840
Likes: 1,465
|
Post by jlend on Jun 24, 2021 12:09:18 GMT
Still no movement for me yet, 15 months on offer. Patient person birdie. Presume it's a small test amount your hoping to invest? I think (like most sites) they are trying to tell us something 😁 Still just one small match for me on the Flex market on 11 June. I didn't have anything lent out prior to that as I sold out earlier.
|
|
|
|
Post by birdie on Jun 28, 2021 13:26:15 GMT
Fed up of waiting now so I have transferred the rest of my ISA, I still have some in my everyday account being repaid but nothing being re-invested, yet.
|
|
mogish
Member of DD Central
Posts: 1,105
Likes: 527
|
Post by mogish on Jun 28, 2021 19:43:03 GMT
Fed up of waiting now so I have transferred the rest of my ISA, I still have some in my everyday account being repaid but nothing being re-invested, yet. At least LW are quite quick in transferring ISAs unlike any other actions they do. All the Best with your new provider.
|
|
|
|
Post by birdie on Jun 29, 2021 9:07:15 GMT
Fed up of waiting now so I have transferred the rest of my ISA, I still have some in my everyday account being repaid but nothing being re-invested, yet. At least LW are quite quick in transferring ISAs unlike any other actions they do. All the Best with your new provider. I've been very happy with Loanpad up to now so it's going there, it should be safe enough. Steve
|
|
|
|
Post by birdie on Jul 1, 2021 7:49:20 GMT
I'm starting to get a trickle of investments lent out in the Flexible a/c but still no movement in the Growth. I'll leave what's in there just for curiosity.
|
|
mogish
Member of DD Central
Posts: 1,105
Likes: 527
|
Post by mogish on Jul 1, 2021 15:23:47 GMT
Fed up of waiting now so I have transferred the rest of my ISA, I still have some in my everyday account being repaid but nothing being re-invested, yet. At least LW are quite quick in transferring ISAs unlike any other actions they do. All the Best with your new provider. Maybe I quoted transfer times as good a bit hasty.. my recent one is over a week now. They claim my e mail address is wrong when enquiring .... Funny it's the same one I always correspond with them. Deep breath.....
|
|
mogish
Member of DD Central
Posts: 1,105
Likes: 527
|
Post by mogish on Jul 1, 2021 16:43:12 GMT
At least LW are quite quick in transferring ISAs unlike any other actions they do. All the Best with your new provider. Maybe I quoted transfer times as good a bit hasty.. my recent one is over a week now. They claim my e mail address is wrong when enquiring .... Funny it's the same one I always correspond with them. Deep breath..... Well thats was a coincidence!just recieved an e mail confirming transfer out!
|
|
|
|
Post by birdie on Jul 2, 2021 7:00:02 GMT
Maybe I quoted transfer times as good a bit hasty.. my recent one is over a week now. They claim my e mail address is wrong when enquiring .... Funny it's the same one I always correspond with them. Deep breath..... Well thats was a coincidence!just recieved an e mail confirming transfer out! My confirmation of transfer out came yesterday also.
|
|
|
|
Post by birdie on Jul 9, 2021 8:07:55 GMT
An update, My reinvested money in the flexible account seems to be going out almost daily now but no movement on reinvested growth so I have altered my setting for flexible only until things catch up a bit, new money of any kind it not moving no matter how long it's been sat waiting.
|
|
|
|
Post by tommycatz on Jul 9, 2021 20:23:34 GMT
I don't why you bother investing with these clowns. High risk for low returns. The worst performing P2P company during Covid.
Invest in EIS shares on Seedrs and for 30% rebate and capital gains free.
|
|
trium
Member of DD Central
Posts: 384 
Likes: 304
|
Post by trium on Jul 10, 2021 11:50:52 GMT
Not sure why someone with no interest in LW would want to hang around a LW thread taking potshots at passing posters, but never mind... An update, My reinvested money in the flexible account seems to be going out almost daily now but no movement on reinvested growth so I have altered my setting for flexible only until things catch up a bit, new money of any kind it not moving no matter how long it's been sat waiting. Would you mind sharing how old are the offers which are now shifting? I'm still seeing no movement at all but I keep losing patience and withdrawing, so my oldest offer is 7 April (re-invested money) |
|
|
|
Post by birdie on Jul 11, 2021 7:28:30 GMT
Not sure why someone with no interest in LW would want to hang around a LW thread taking potshots at passing posters, but never mind... An update, My reinvested money in the flexible account seems to be going out almost daily now but no movement on reinvested growth so I have altered my setting for flexible only until things catch up a bit, new money of any kind it not moving no matter how long it's been sat waiting. Would you mind sharing how old are the offers which are now shifting? I'm still seeing no movement at all but I keep losing patience and withdrawing, so my oldest offer is 7 April (re-invested money) Yes, my re-invested Flexible is going out more or less within a couple of days after it goes on offer, no movement on the Growth though. In my early days with Lending Works I would let my money build up in the holding account and re-invest in slightly larger chunks, it took me a while to realize this was then classed as new money not re-invested money, I'm a slow learner, all settings are now set to re-invest. New money is not moving in Flexible or Growth. The bulk of my money has been withdrawn, what I have left is just for curiosity to see how things pan out this year. Steve
|
|
