Zopa selling appears slow at present

Have you had the "loan sale has started email".

I got those a few days before I saw the first drips of sales.. I am still  on less than 2% sold so you are not missing much.

You were only one day behind me on the 16th March, yet mine sold around a fortnight back.

Something wrong there surely, unless I was the last of the lucky ones.

I assume you have a box on your summary page saying 'Your Loan Sale'

If not, have you simulated going through the sell process again to see if it says 'cancel loan sale' after clicking on 'understood'

I still have around 20% left to go, of which around 15% (of the 20%) is unavailable to sell.

I am not sure how long before I have to rejoin the queue. Thought I had seen somewhere I have 30 days from the time the first sale begins. 

I requested all the sales on March 23 in the late afternoon.

It covers everything... Classic, Plus & Core non-ISA and Core & Plus ISA.

There seems to be a different process (queue) for each product also cut by ISA and non-ISA.

My Classic loans sold out pretty quickly on March 30th approx 70% (nothing sold since then but it is peanuts in Classic now).

Non-ISA Plus and Core have had limited sales about 1% each..(that started only a few days ago)

ISA Core has sold about 7.5% and ISA Plus nothing sold yet. The average in ISA is about 5% sold. (started this week)

Total sale ISA and non-ISA is approx 2%..

The MRA's actually seem lower in Plus than Core probably because Zopa already see them as higher default risk and there is no-comparable to the new higher interest rates for new loans, ie no new C-E's. That seems to be Zopa algorithm logic not mine.

Whilst the MRA (average for me 4.1%) is painful only time will tell if it is a reasonable hit to take. i.e. I see my late % is now 8.1% (and rising) up from 2.5% only 3/4 weeks ago.. If that portends the increased default risk the MRA may well turn out to be a bargain....It all depends on how quickly things recover and in my opinion that is something no one knows, including Zopa's supposedly omniscient algorithm which seems to be assuming what will happen will mirror the financial crisis.

Anyway good luck to all. 

Did you ever get the remainder sold.

Has your sale been timed out or is it still showing as pending.


I still have 15/20% to go myself.

I've just received the 'sale completed' email. Roughly 93% of request was achieved.

I'm two days behind you so that's promising, we too had a flurry a couple of weeks ago but nothing since. Most of our Plus that can be is now offloaded - still a covid easing (arrangements) are locked in. Core is much slower and had nothing since 1st flurry a month ago.

Yes I've noticed that the defaults are coming in but to be honest its to be expected. It would be nice to get the loans sold to mitigate the defaults. Its too soon I think to work out the arrangement to default conversion rate I think but hopefully i'll be sold out before it gets that far. (No I don't expect it just hope for it).

I reported elsewhere that Zopa, in response to an eMail I sent them, stated April lending had been £10,766,409. I assume they mean to borrowers and by definition would create some space for lenders. Thats down some 85% on the previous months lending figures if I've understood their figures.