Post by ian on Oct 1, 2020 11:51:55 GMT
I’m pleased to see those manual lenders are rewarded with additional interest - however what about those investing via the GBBA & Access accounts.
LTV has been increased by 1% on a loan that has got a higher risk profile than when conceived and lenders are now receiving approximately 2.5% less interest in return.
I urge everybody to vote B - think about return is down, LTV is up and risk of defaults is significantly higher by ACs admission!
I feel for the borrower but the only winner is AC.
LTV has been increased by 1% on a loan that has got a higher risk profile than when conceived and lenders are now receiving approximately 2.5% less interest in return.
I urge everybody to vote B - think about return is down, LTV is up and risk of defaults is significantly higher by ACs admission!
I feel for the borrower but the only winner is AC.