Narrowboat/houseboat renewal

I thought SS were implementing a limit on bids for first 24hours?! That's 2 I've missed on in succession

This is one of those situations where 'you can't please all of the people all of the time'.  From my point of view, the limit on renewing loans was hugely annoying.  As one of the people who took the risk to put in reasonable sums in the early days when others chose to wait and see how things panned out, it was immensely galling to find that I could only recycle small portions of that money into a renewal when it came up due to the limits.  As such, I think having a limit on new loans but not on renewing ones is a reasonably equitable way forward - it gives at least some chance to the original lenders to recycle whilst any more recent lenders will get the chance when (if )any new loans appear.  Despite finding it annoying when it happened, I never actually complained, but I'll bet a number of the other early investors did.  And any new lenders who happen to log in and see the renewals, even in the first 24 hours during which they aren't advertised by SS, still have the opportunity to grab a slice then and knock out some of the original investors who haven't been able to log in quickly enough.

Have SS dropped the £100 minimum investment (except when buying the whole of the last bit)?  The £6.99 available has dropped to £5.57 as it looks like someone has bought a part worth £1.42.

And, IIRC, the ones renewed last week were past their maturity dates.  Come to think of it, even today's loans were past their maturity dates since SS set the Remaining Term for boaty loans based on maturity plus one month.

Well, here's another question for SS never mind the unchanging description text and valuations, on the Default updates thread savingstream said

"The next 4 boats due to come to the end of their terms are 4 x narrowboats from the same narrowboat dealer. We are currently awaiting full repayment of 2 of these and have an agreement in place that if he repays 2 in full then we would allow the renewal of the other 2 providing all outstanding interest is paid."

Unless I have the wrong boats it seems to me that all four have been renewed. Can savingstream provide an explanation please. We already have an effective double fund of the 1926 Ketch until the PBL 10 draws down, and in general there seems a bit too much recycling of existing loans and a lack of 'new blood' for my liking.

So it looks like when the amount available is less than £100 no minimum limit applies.  I previously had thought that the minimum investment was the lesser of £100 or the amount available.

Google Glasses with constant auto refresh are a must; but even then it could still be 'blink and you miss it' .