liso
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Post by liso on Mar 5, 2021 10:29:07 GMT
Hope I'm not jinxing myself by saying this, but the pledge button has always worked for me and I've been fortunate and always got the amount I asked for. Well done! The pledge button always appears for me, but recently it has been too late. Can you share with us your broadband provider and speed, also the device and software (eg windows computer , android phone, iPhone, Apple laptop) and browser (chrome, safari etc.) you use to access Crowd Property. BT, windows laptop, Chrome or Firefox
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Post by multiaccountmanager on Mar 5, 2021 12:09:57 GMT
Thank you everyone
I should have said my set up is
Plusnet 66 Mb quoted average download speed (Fibre Extra) Windows 10 Laptop Chrome
Also my Ping time to google.com is 10ms at the moment.
Sadly Crowdproperty.com does not respond to Ping.
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firedog
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Post by firedog on Mar 5, 2021 14:41:46 GMT
Always been fine for me on a Mac – so ancient that's now into its second decade of use – and Safari.
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dave4
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Cynical is a hobby not a lifestyle
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Post by dave4 on Mar 5, 2021 17:38:04 GMT
Not so sure fasted fingers , biggest broadband is the answer to the insta fill loans. Same as lowering the pledge ceiling amount may not be the answer. How about Upping the auto pledge amounts ?? or even keeping the £50 minimum, and having a larger "optional £1000 or £5000 maximum ( could be variable according on loan size?) for next loan option. This would keep the smaller fish happy, and if a larger amount was wanted could be engaged. This would give everyone a larger portion if required, and then the fast finger manual pledge war could carry on. Less loosers out, less big winners. Thoughts??? or shell i get my coat?
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littleoldlady
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Running down all platforms due to age
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Post by littleoldlady on Mar 5, 2021 17:59:23 GMT
Or get them to install a SM. Then you could fight over my 26 loans. It's a shame that some investors are locked in and want out (well, at least one) and others can't get what they want.
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Post by multiaccountmanager on Mar 5, 2021 22:24:20 GMT
Not so sure fasted fingers , biggest broadband is the answer to the insta fill loans. Same as lowering the pledge ceiling amount may not be the answer. How about Upping the auto pledge amounts ?? or even keeping the £50 minimum, and having a larger "optional £1000 or £5000 maximum ( could be variable according on loan size?) for next loan option. This would keep the smaller fish happy, and if a larger amount was wanted could be engaged. This would give everyone a larger portion if required, and then the fast finger manual pledge war could carry on. Less loosers out, less big winners. Thoughts??? or shell i get my coat? Not sure I follow. Can you elucidate?
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dave4
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Post by dave4 on Mar 5, 2021 22:44:10 GMT
Now i have googled "elucidate" Ill try. Keep the auto invest as it is, have an extra auto invest option button for the next loan only with a £1000 or maybe £5000 amount (this to be set by cp to suit loan amount size on offer). This will allow larger sums to be auto invested, but obviously will take away from the manual pledge amount offering. Not an ideal solution but should / could work.
Pros, can set and forget.
cons, will detract from manual pledge offering, so fast fingered pledges with large ££ may get less.
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Post by multiaccountmanager on Mar 6, 2021 12:24:08 GMT
Now i have googled "elucidate" Ill try. Keep the auto invest as it is, have an extra auto invest option button for the next loan only with a £1000 or maybe £5000 amount (this to be set by cp to suit loan amount size on offer). This will allow larger sums to be auto invested, but obviously will take away from the manual pledge amount offering. Not an ideal solution but should / could work. Pros, can set and forget. cons, will detract from manual pledge offering, so fast fingered pledges with large ££ may get less. Thank you. Interesting idea and would be good from my point of view!
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Post by multiaccountmanager on Mar 7, 2021 16:51:52 GMT
I have been lending since mid 2018. Since Aug 2020 I have kept a detailed sheet of offers funded (as well as the sheet with investments) CP weekly offers funded (excluding the Christmas period) have averaged £870,000. The trend line is almost exactly flat. The number of investors took off in early December. Across my managed accounts there is currently 3% uninvested, which is fine. However repayments in the next 30 days are forecast to be 8% of the total invested, if repaid on time, and that % seems to extend over the next few months. The average length of the whole portfolio is only 8.5 months. Unless CP dramatically increases its offerings, auto invest can not possibly keep up with the repayments. Also it is not enough to just have a "big one" as I don't want to be overexposed to one project, and one at £1.7m, such as Stockport, is only 2 weeks worth of normal offerings anyway so would not do much. I agree. The one point about CP (which they cannily hide) is that the majority of projects overrun, and overrun by very significant lengths of time. Therefore, unless you're very fortunate, you're unlikely to get that projected 8% of your total amount you've invested back within the next 30 days. I only got 3.57% of the AutoInvest amount I had set in today's loan. This is despite it being a higher risk development project in the middle of the Scottish countryside. And it's despite the interest rate having been slashed from 8% to 7.8% - I can tell in terms of the latter because the video for it twice referred to the interest rate being 8% and then, by the time the copy for the project page had been put together, they had cut it to 7.8%. What's the ratio others got in today's project via AutoInvest? At these tiny ratios and with a Manual/Select Invest cap also having been set - and then reduced from £5k to £3k - like the poster above, I have also withdrawn funds from CP and transferred them to Kuflink because CP is becoming less and less worthwhile for all the work involved by the month. You are right about that. I have just trawled through all the relevant update messages for these loans that are due to be repaid. The 8% due for repayment in the next 30 days looks more like 5% at the moment. I am quite happy for loans to run late as long as there is good reason and we are kept informed and our security is not threatened. Additional Interest is welcome.
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dave4
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Post by dave4 on Mar 8, 2021 8:26:13 GMT
E mail Received from CP Sunday 7th regarding loans and lenders issues ect.
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archie
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Post by archie on Mar 8, 2021 9:57:34 GMT
E mail Received from CP Sunday 7th regarding loans and lenders issues ect. Multiple projects in one day isn't likely to help. There is insufficient time between loans to set the skip next project. Larger percentage of each loan should be allocated to auto-invest.
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dave4
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Cynical is a hobby not a lifestyle
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Post by dave4 on Mar 8, 2021 11:02:45 GMT
Have you suggested this to cp archie ?. What my thoughts are that increasing the loans available to accommodate more investors could result in less Quality. Growth of a platform is excellent news, and a balance is needed between borrower availability, lender funds availability and platform Performance / dd ect. If and i do mean IF the Quality of loans suffers due to more Quantity its the lenders who will suffer followed by the good name of the platform. Im sure cp staff are burning the midnight oil and maybe even into lunch to keep up with the demand.
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ton27
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Post by ton27 on Mar 8, 2021 11:17:47 GMT
E mail Received from CP Sunday 7th regarding loans and lenders issues ect. Multiple projects in one day isn't likely to help. There is insufficient time between loans to set the skip next project. Larger percentage of each loan should be allocated to auto-invest. I also think the Sunday email doesn't help and that the answer (if CP wish to give allow smaller lenders access to new loans) is to cap the pledges at £1000 or even £500. I would not want them to dilute their DD and allow riskier loans on the platform just to meet demand.
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Ukmikk
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Post by Ukmikk on Mar 8, 2021 14:59:02 GMT
Multiple projects in one day isn't likely to help. There is insufficient time between loans to set the skip next project. Larger percentage of each loan should be allocated to auto-invest. I also think the Sunday email doesn't help and that the answer (if CP wish to give allow smaller lenders access to new loans) is to cap the pledges at £1000 or even £500. I would not want them to dilute their DD and allow riskier loans on the platform just to meet demand. They just need to allocate more (all in many cases) of each Loan to autoinvest, would result in a much fairer allocation overall.
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archie
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Post by archie on Mar 9, 2021 7:33:43 GMT
It would be better if the 'skip next project' on the auto-invest page was replaced with a 'skip this project' on each project page.
That would allow better control if multiple projects were launched on the same day as you wouldn't have to login between loans.
Other website problems :-
The Loan Portfolio view should appear under all the SelfSelect, AutoInvest & Total views regardless of whether there is anything in it.
At the moment the Total view doesn't show anything unless both SelfSelect & AutoInvest have investments. Clearly that is wrong as it doesn't show the loans you have.
The Loan Portfolio should have the column ordering ability on all views. Currently it only works on the Total Portfolio view, this isn't useful combined with the bug above as it might not show anything.
The ISA Total Portfolio view should also have the Interest Information. I'm not sure whether this is always missing or part of the above bug where you need to invest and SelfSelect and Autoinvest to have any details showing here.
My ISA account only has AutoInvest transactions so nothing shows for Total Portfolio apart from the transactions.
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