mcfc
I’m invested in Qardus, Loanpad, Proplend, and Crowproperty
Posts: 91
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Post by mcfc on Jun 6, 2022 15:54:09 GMT
Hello Proplenders.
Does anyone have any idea which loan will be next offered up, and when please?
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a0010402
Member of DD Central
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Post by a0010402 on Jun 6, 2022 16:20:29 GMT
You can see the next loans in Loans -> Pending, but I don't think any of them has a date set yet.
If you go to Auto-Lend -> Self Select and you set the slider for Self Select (the one on the right) to On, PropLend will send you an email when one of those loans is about to become available.
Turning Self Select On notifies you of new loans but does not commit you to invest, as that's a two-step process. When a loan becomes available you'll have to return to the Self Select screen to select the loan and pick a tranche and an investment amount, if you wish to invest in it.
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mcfc
I’m invested in Qardus, Loanpad, Proplend, and Crowproperty
Posts: 91
Likes: 62
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Post by mcfc on Jun 6, 2022 17:24:07 GMT
You can see the next loans in Loans -> Pending, but I don't think any of them has a date set yet. If you go to Auto-Lend -> Self Select and you set the slider for Self Select (the one on the right) to On, PropLend will send you an email when one of those loans is about to become available. Turning Self Select On notifies you of new loans but does not commit you to invest, as that's a two-step process. When a loan becomes available you'll have to return to the Self Select screen to select the loan and pick a tranche and an investment amount, if you wish to invest in it. Many thanks for taking the time to reply a0010402. I am aware of auto lend self select etc having been a long time investor and do get the emails from Proplend advising when a loan is due to become available ( and has already been allocated to Tranch A investors)… I was just wondering if anyone has insider info regarding the next loan, prior to Proplend filing Tranch A in order that I may consider, or otherwise turning on my always invest tab. Regards
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Post by overthehill on Jun 6, 2022 19:30:12 GMT
You can see the next loans in Loans -> Pending, but I don't think any of them has a date set yet. If you go to Auto-Lend -> Self Select and you set the slider for Self Select (the one on the right) to On, PropLend will send you an email when one of those loans is about to become available. Turning Self Select On notifies you of new loans but does not commit you to invest, as that's a two-step process. When a loan becomes available you'll have to return to the Self Select screen to select the loan and pick a tranche and an investment amount, if you wish to invest in it. Many thanks for taking the time to reply a0010402. I am aware of auto lend self select etc having been a long time investor and do get the emails from Proplend advising when a loan is due to become available ( and has already been allocated to Tranch A investors)… I was just wondering if anyone has insider info regarding the next loan, prior to Proplend filing Tranch A in order that I may consider, or otherwise turning on my always invest tab. Regards
If you drop them email they usually divulge what they know. You can usually work it by looking in the INFO tab, Bro* St* Y* is the only one with a loan request document, this loan is linked to the borrower of a recent loan and small. The other 5 loans appear some way off, not even a valuation document.
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mcfc
I’m invested in Qardus, Loanpad, Proplend, and Crowproperty
Posts: 91
Likes: 62
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Post by mcfc on Jun 6, 2022 21:10:49 GMT
Many thanks Overthehill.
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Post by uksoul on Jun 7, 2022 8:38:55 GMT
B... St ..Y has just been filled by Autolenders only ..i always contact Proplend when i want to know the next loan and like Overhill said they are forthcoming with what they know.
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bababill
Member of DD Central
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Post by bababill on Jun 7, 2022 21:38:10 GMT
Perhaps Cotswolds Mixed will be the next loan since particulars have been posted.
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bababill
Member of DD Central
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Post by bababill on Jun 10, 2022 5:18:00 GMT
Or perhaps it will be Staines Mixed Use at 4.9% as particulars have been posted.
I can't find a way to set a minimum interest rate before bidding.
Perhaps this loan won't be available for always on as "invested funds target return of 5% p.a. (after fees but before bad debt and taxes)"
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Post by uksoul on Jun 10, 2022 5:38:45 GMT
Or perhaps it will be Staines Mixed Use at 4.9% as particulars have been posted. I can't find a way to set a minimum interest rate before bidding. Perhaps this loan won't be available for always on as "invested funds target return of 5% p.a. (after fees but before bad debt and taxes)" S M U is likely to all go to Auto lenders as the loan amount is small. Are you an auto lender ?
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bababill
Member of DD Central
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Post by bababill on Jun 13, 2022 0:53:15 GMT
S M U is likely to all go to Auto lenders as the loan amount is small. Are you an auto lender ? Sometimes yes, sometimes no. Am actually eagerly waiting for the Wolverhampton Office Block with larger amounts available on the B and C tranches.
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Post by uksoul on Jun 13, 2022 3:44:13 GMT
S M U is likely to all go to Auto lenders as the loan amount is small. Are you an auto lender ? Sometimes yes, sometimes no. Am actually eagerly waiting for the Wolverhampton Office Block with larger amounts available on the B and C tranches. Me too, waiting on WOB for the same reasons as well as HMU for its` B Tranche.
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eeyore
Member of DD Central
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Post by eeyore on Jun 16, 2022 9:00:38 GMT
According to yesterday's email from Proplend about the pay-back for Newbury O***, the next loan will be Pudsey O*** sometime next week, but no valuation or FLR are visible yet on the loan's entry in the 'Pending' list.
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Post by uksoul on Jun 16, 2022 12:20:03 GMT
According to yesterday's email from Proplend about the pay-back for Newbury O***, the next loan will be Pudsey O*** sometime next week, but no valuation or FLR are visible yet on the loan's entry in the 'Pending' list. Relevant docs now uploaded
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eeyore
Member of DD Central
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Post by eeyore on Jun 17, 2022 8:32:36 GMT
The Pudsey O*** has already appeared today with Always-On lenders having Tranche A funds allocated, so Self-Select lenders should be offered Tranche B next week. No indication yet of whether there'll be any Tranche A for Self-Select - Tranche A may have been filled already.
I always forget that when Proplend talk of the availability of a new loan, they are referring to Self-Select - loans for Always-On lenders are not "available" in their view because Always-On lenders are allocated (or not) whenever Proplend choose.
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