trevor
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Post by trevor on Aug 4, 2018 18:14:27 GMT
I'm currently reducing L, MT and FS and looking at PC. How good is their performance? All loans redeemed?
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rs
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Post by rs on Aug 6, 2018 3:23:07 GMT
Hi Trevor all loans redeemed so far so worth having a look. There are only a few loans being made available so diversification difficult in property crowd. Also loans minimum investment is about £800.
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elliotn
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Post by elliotn on Aug 6, 2018 8:18:45 GMT
If you are leaving the above because of defaults you’ll need to compare the books at the same stage of seasoning (unless you will move on to another once PC’s defaults mature?).
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kaya
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Post by kaya on Aug 31, 2018 17:04:51 GMT
Correct me if I am wrong but the loans here seem to have substantial funding from beyond the world of p2p, and thus seem more trustworthy than the property loans seen at Lendy, FS, MT.........?
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averageguy
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Post by averageguy on Oct 3, 2018 18:21:44 GMT
Have you invested in any loans from PC?
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kaya
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Post by kaya on Oct 4, 2018 10:27:17 GMT
Personally, just the car park loan, which repaid ok. But getting increasingly nervous of p2p in general...
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rs
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Post by rs on Oct 4, 2018 10:32:39 GMT
Yes I invested in 3 deals and 2 deals repaid so far. Waiting for 3rd to repay early next year.
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averageguy
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Post by averageguy on Oct 5, 2018 15:22:37 GMT
Ta for replies
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hantsowl
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Post by hantsowl on Mar 14, 2019 10:15:03 GMT
I have also considered using PropertyCrowd as a home for ISA money, but what puts me off is the 0.95% charge for simply using the ISA. I will be charged £190 per year if i use the £20000 ISA limit and this charge applies on the full amount even if only part of the money is invested whilst waiting for new investments to be offered. There are other ISA providers who absorb the charge, offer similar rates and have no defaults to date. It's a shame because the loans offered look good, but for now i will stick with PL, CP and probably investigate CR. CP used to charge 1% but listened to investors and removed it. Maybe if PC follow a similar path I will reconsider.
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rs
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Post by rs on Mar 14, 2019 10:27:37 GMT
I have also considered using PropertyCrowd as a home for ISA money, but what puts me off is the 0.95% charge for simply using the ISA. I will be charged £190 per year if i use the £20000 ISA limit and this charge applies on the full amount even if only part of the money is invested whilst waiting for new investments to be offered. There are other ISA providers who absorb the charge, offer similar rates and have no defaults to date. It's a shame because the loans offered look good, but for now i will stick with PL, CP and probably investigate CR. CP used to charge 1% but listened to investors and removed it. Maybe if PC follow a similar path I will reconsider. Yes I understand your point. However, PC has a flexible IFISA. So you can remove IFISA cash and return the ISA cash before the tax year end. Then you will not incur 0.95% charge on your IFISA cash.
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IFISAcava
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Post by IFISAcava on Mar 14, 2019 10:46:23 GMT
I have also considered using PropertyCrowd as a home for ISA money, but what puts me off is the 0.95% charge for simply using the ISA. I will be charged £190 per year if i use the £20000 ISA limit and this charge applies on the full amount even if only part of the money is invested whilst waiting for new investments to be offered. There are other ISA providers who absorb the charge, offer similar rates and have no defaults to date. It's a shame because the loans offered look good, but for now i will stick with PL, CP and probably investigate CR. CP used to charge 1% but listened to investors and removed it. Maybe if PC follow a similar path I will reconsider. Yes I understand your point. However, PC has a flexible IFISA. So you can remove IFISA cash and return the ISA cash before the tax year end. Then you will not incur 0.95% charge on your IFISA cash. yes, I did this for a while. But the lack of loans, and the lack of an SM, together with the 0.95% fee on invested money, plus the risk associated with being development loans, were all a put off. Have instead gone more heavily into PL.
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littleoldlady
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Post by littleoldlady on May 23, 2019 7:35:13 GMT
Yes I understand your point. However, PC has a flexible IFISA. So you can remove IFISA cash and return the ISA cash before the tax year end. Then you will not incur 0.95% charge on your IFISA cash. yes, I did this for a while. But the lack of loans, and the lack of an SM, together with the 0.95% fee on invested money, plus the risk associated with being development loans, were all a put off. Have instead gone more heavily into PL.I am in both PC and PL, for platform diversity. PC net rates after the 0.95% are still higher than I am getting on PL Autolend and the type of loan seems similar. Am I missing something? I was about to invest in 2 more loans on PC, but they are both mezzanine which I have previously avoided.
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IFISAcava
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Post by IFISAcava on May 23, 2019 8:14:32 GMT
yes, I did this for a while. But the lack of loans, and the lack of an SM, together with the 0.95% fee on invested money, plus the risk associated with being development loans, were all a put off. Have instead gone more heavily into PL.I am in both PC and PL, for platform diversity. PC net rates after the 0.95% are still higher than I am getting on PL Autolend and the type of loan seems similar. Am I missing something? I was about to invest in 2 more loans on PC, but they are both mezzanine which I have previously avoided. I think the risk is higher on PC for most of the loans (hence higher rates). Also, the SM on PL is very liquid at the moment, whereas there is no SM on PC. I suppose the mezzanne debt is closer to a PL tranche B or C - which of course also have higher rates than tranche A!
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averageguy
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Post by averageguy on Nov 12, 2019 18:05:11 GMT
Anyone considering the latest offering?
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littleoldlady
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Post by littleoldlady on Jan 17, 2020 11:47:58 GMT
They are considering a sort of auto-lend bond with a redemption subject to liquidity option. Existing lenders should have received an email.
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