agent69
Member of DD Central
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Post by agent69 on Mar 4, 2015 18:11:24 GMT
Just received my weekly e-mail update from FC telling me about great loan opportunities with 0.5% splashback. When I logged on I see 2 property loans (11312 & 11267) with zero splashback, and no great rush to fill.
Sign of things to come?
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Post by davee39 on Mar 4, 2015 18:23:04 GMT
Yes. After fees loans at 7.5% should struggle as loans are not attractive to buy and hold.
My FC holdings have reduced 10% this week & look like continuing to drop if they keep listing minnow loans.
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Post by GSV3MIaC on Mar 4, 2015 18:26:56 GMT
Yep, looks like Blender (http://p2pindependentforum.com/thread/2217/property-loan-11166-2-splashback?page=3, halfway down) was spot on; splashback is being phased out, if the mugs will buy it. Except maybe for later tranches of existing loans, which need an extra shove.
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coop
Member of DD Central
Posts: 714
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Post by coop on Mar 5, 2015 16:16:23 GMT
11330 - £190k Loan, 29 months, Fixed 8%.
Have they gone effing mad???
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