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Post by saintpeter on Nov 1, 2020 12:40:43 GMT
My RYI was done on 18th March so I still have about 3000+ in front of me to be released although access RYIs do seem to be picking up now Metro Bank has taken over.
I've managed to get about 65% of my capital out by putting my reinvestment setting up to 8% and checking in every day to withdraw. Just hope I will be able to get the rest out by the time furlough ends.
How much have people managed to manually withdraw since March?
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Post by james91 on Nov 1, 2020 14:10:10 GMT
I've done the same, withdrawal request on the 16th. However, I've only been able to withdraw about 20%.
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adrian77
Member of DD Central
Posts: 3,895 
Likes: 4,122
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Post by adrian77 on Nov 1, 2020 14:59:59 GMT
aprox 30% in "access"
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ceejay
Posts: 971
Likes: 1,149
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Post by ceejay on Nov 1, 2020 15:02:08 GMT
97%
1Y mostly completed naturally, with just a final RYI to finish it off.
5Y RYI'ed no problem.
I only ever had a small amount in Access - it wasn't a product I liked - and 50% of that has so far returned naturally. It's touch and go as to which will happen first - the RYI (I'm a long way down that queue) or natural repayment.
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Post by greenstar on Nov 1, 2020 15:07:13 GMT
My wife has managed to retrieve 45% from Plus and is now around 600 in the RYI queue so expects full refund sometime reasonably soon if the current RYI speed continues. I've only retrieved 24% from my Access a/c and at RYI position over 13,000 I don't expect anything soon, though as I've also set the account to 8% at least I get a steady monthly stream of income which is good and more useful to steadily get my money back than the RYI queue. It's ironic that RS called this their 'Access' account when it's now the exact opposite.
Now for tea and homemade scone topped with raspberry jam and cream....life is full of excitement down here in sleepy Suffolk.
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beagle
Investor in ratesetter, funding circle, lendy (lesson learnt) and AC
Posts: 670
Likes: 322
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Post by beagle on Nov 1, 2020 16:38:02 GMT
53%
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Post by ruralres66 on Nov 1, 2020 17:03:51 GMT
100% of capital plus interest ( 1 yr mostly and 5 yr)
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Post by df on Nov 1, 2020 17:15:52 GMT
25%. No RYI - just collecting returns and early repayments.
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benaj
Member of DD Central
Posts: 4,853
Likes: 1,591
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Post by benaj on Nov 1, 2020 17:59:02 GMT
Access / Plus / Max
33%
5 year - 25%
1 year - 50%
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star dust
Member of DD Central
Posts: 2,998
Likes: 3,531
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Post by star dust on Nov 1, 2020 20:28:10 GMT
Not that straightforward, but 83% through repayments (38%) and RYI's (45%). Details below.
| Repayments %
| RYI %
| Remaining %
| | 5 year | 9 | 91 | 0
| | Access | 52 | -
| 48 | | Max | 39 | 61 | 0
| | Total | 38 | 45 | 17 |
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Post by scepticalinvestor on Nov 2, 2020 9:59:59 GMT
Unfortunately only in Access. Way back in the RYI queue and no hope of being able to access anything anytime soon.
Since March, have got about 13% back through returns and early repayments.
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aju
Member of DD Central
Posts: 3,484
Likes: 917
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Post by aju on Nov 2, 2020 10:20:42 GMT
20k+ lent progressively between Nov 2018 and May 2019 with an additional £200 Nov 2019 for joining. Started selling early May across all products 1Y, 5Y & Access (Mostly access lending was cautious and >5% since Nov 2019 till May 2020!). Thankfully All 1Y and 5Y are completed apart from a few loans < £10. We can live with that. Access will take much longer but have relend settings at 8% and we are sweeping out funds weekly while > £100 but this has slowed considerably now . When a £300+ loan in access clears by Mar I think will be down to £500 still stuck in Access. Access is still performing even at 50% for us!. All in all we are almost out of RS and rest will reduce of the coming months naturally!. Zopa is slightly different to put it mildly, defaults are rising quite a bit stealing 300% of interest monthly at the moment. We are collectively seeing £100 returned weekly and all sales finished. Still have nearly 8k between us across the platform!. Whilst the defaults are getting ever larger we are still a long way from losing capital. (Most of the defaults effect is due to aggressive sales since may last year. We have gone from high 5 figures down to middling 4 over the last 2 years - a lot moved to RS to spread the risk!) All returned funds have been pushed to a variety of FSCS cover over the last few months as it was quite obvious rates were tumbling. We have a smattering of rates ranging from 2% through to current 0.7% with Marcus. Not sure where to put NS&I bulk as yet so will move to Marcus for time being when the rate runs out later this month. Its definitely not great for us but the loss of interest is cushioned slightly by me becoming a State pensioner earlier in the year!.  We also have made a number of current account swaps with the recent offers for transferring accounts and will stay vigilant for further changes in the Current account swap market of the coming months as banks realise money is moving around!. |
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bt
Sir Bufton Tufton, Jean Paul Sartre Zippy, Bungle, Jeffrey Archer Andre Previn and the LSO Hello
Posts: 129
Likes: 53
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Post by bt on Nov 2, 2020 10:26:52 GMT
39%, all from repayments in Access.
Interestingly, my Everyday is about 13%, my ISA about 44%
Doesn't help my Everyday is spread across 37 loans, but 72% of the value is in one single loan (amortising, 47 months left)
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Post by saintpeter on Nov 2, 2020 12:03:04 GMT
Unfortunately only in Access. Way back in the RYI queue and no hope of being able to access anything anytime soon.
Since March, have got about 13% back through returns and early repayments.
I'm only in Access too. I think I've been very lucky had some big amounts repaid early or defaulted before the rule change so paid back. It is a pain having to check and stop orders every day though. Just hope the RYI get a move on for Access!
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johnt
Investing in Ratesetter, Zopa and Assetz Capital since 2013
Posts: 127
Likes: 71
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Post by johnt on Nov 2, 2020 13:29:22 GMT
37% in Access
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We also have made a number of current account swaps with the recent offers for transferring accounts and will stay vigilant for further changes in the Current account swap market of the coming months as banks realise money is moving around!.