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Post by uksoul on Dec 15, 2023 15:33:48 GMT
I expect it's attempts to offload rates that are no longer competitive. Yeah it is mostly that. I have been selling and buying several times off late to gain an uptick in interest. Has been very beneficial.
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Post by gramsky on Dec 17, 2023 9:34:33 GMT
Anything below 7% interest is not selling at present. I don't know about 7% and above.
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Post by uksoul on Dec 17, 2023 14:16:06 GMT
Anything below 7% interest is not selling at present. I don't know about 7% and above. 8% and above get snapped up quickly.
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Post by gramsky on Feb 12, 2024 11:09:40 GMT
Anything below 7% interest is not selling at present. I don't know about 7% and above. 8% and above get snapped up quickly. Has anyone managed to sell anything below 7% interest since this last update?
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hantsowl
Member of DD Central
Posts: 672
Likes: 546
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Post by hantsowl on Feb 12, 2024 11:41:55 GMT
A few have appeared at rates over 7% in the last few days. Not sure whether they are moving or not.
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Post by uksoul on Feb 12, 2024 12:12:55 GMT
8% and above get snapped up quickly. Has anyone managed to sell anything below 7% interest since this last update? i have had a couple of 6% ers on sale for past 2 months, don`t think they will be sold anytime soon. Sold a couple of 8+% ers within mins a few times in the same period.
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Post by gramsky on Feb 12, 2024 14:48:07 GMT
Has anyone managed to sell anything below 7% interest since this last update? i have had a couple of 6% ers on sale for past 2 months, don`t think they will be sold anytime soon. Sold a couple of 8+% ers within mins a few times in the same period. By coincidence I sold a couple of sub 7% loans this afternoon. One 5.6% and the other 6.7%.
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Post by uksoul on Feb 12, 2024 15:36:32 GMT
i have had a couple of 6% ers on sale for past 2 months, don`t think they will be sold anytime soon. Sold a couple of 8+% ers within mins a few times in the same period. By coincidence I sold a couple of sub 7% loans this afternoon. One 5.6% and the other 6.7%. When did you put them up for sale?
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Post by gramsky on Feb 12, 2024 15:44:24 GMT
By coincidence I sold a couple of sub 7% loans this afternoon. One 5.6% and the other 6.7%. When did you put them up for sale? Couple of months ago.
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Post by uksoul on Feb 12, 2024 16:20:11 GMT
When did you put them up for sale? Couple of months ago. Ok, mine may sell soon then.
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Post by gramsky on Feb 17, 2024 17:21:48 GMT
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Post by uksoul on Feb 20, 2024 13:22:42 GMT
Great breakdown...tks
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Post by overthehill on Mar 8, 2024 18:52:19 GMT
Has anyone queried why Rom* Ind* is not sellable on the PLE ? No updates apart interest payments.
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liso
Member of DD Central
Posts: 390
Likes: 394
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Post by liso on Mar 8, 2024 19:20:20 GMT
Rom*** Ind*** is not the only the only unsellable loan on the PLE, with no update given. So too are Sme** Ret** and Act*** Ind***, no updates.
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sapphire
Member of DD Central
Posts: 485
Likes: 406
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Post by sapphire on Mar 8, 2024 19:44:50 GMT
Has anyone queried why Rom* Ind* is not sellable on the PLE ? No updates apart interest payments. I had received an email on 20th Feb: "You are receiving this email as you are a current Lender in a loan or loans whose interest payment dates (IPD's) fall on the 29th, 30th or 31st of the month. <<List of loans including Rom* Ind* >> Due to the accrued interest calculation when loans are bought and sold on the Proplend Loan Exchange (PLE), please be advised that such loans will be ineligible to be sold during the period from 26th February till 1st April. If you have already placed such a loan on the PLE, it will be removed during that period and then automatically reapplied. Full interest will still be payable on these loans during that period, they will just not be eligible for the PLE."
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