fasty
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Post by fasty on May 16, 2015 9:59:44 GMT
Hmm just sold 11 pieces of the first tranche and replaced them immediately with 11 pieces of second tranche + 1% cashback. Glad I don't use autobid.
Have done the same with 43 parts of £20 and £40. Only eight of those parts could possibly be Autobidders, the rest being multiple manual (or bot) purchases. Of course the first tranche will earn straight away and must be slightly safer, in that it could be paid off first (say FC in the blurb). But I cannot see a one bedroom flat being sold in stages and the security on the second tranche being reduced. Yes, I considered the slightly increased risk but decided that the extra 1% was worth it (in fact, it's worth slightly more than 1%, as I see it) The 11 parts I mentioned shifted within a few minutes - within hours all 40 had sold. Curious to see that a lot of different simple names all bought 4 parts each. Bots?
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blender
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Post by blender on May 16, 2015 10:25:54 GMT
Yes, at least one bot for me. They are very efficient in the use of time, but slow to recognise changed circumstances. Many times have I found and fed hungry bots - a sort of charity work.
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SteveT
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Post by SteveT on May 17, 2015 12:23:24 GMT
Still no sign of 12707 (the big first tranche 24 monther that FC had to shove over the line last week) appearing on the SM. If anyone had a bid in, is it still showing Pre-agreement or has it been withdrawn?
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blender
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Post by blender on May 17, 2015 13:14:50 GMT
Maybe they are thinking on't. They have been given a good kicking in another place.
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Steerpike
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Post by Steerpike on May 17, 2015 14:49:10 GMT
Still no sign of 12707 (the big first tranche 24 monther that FC had to shove over the line last week) appearing on the SM. If anyone had a bid in, is it still showing Pre-agreement or has it been withdrawn? Still showing in "My Bids"
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fasty
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Post by fasty on May 18, 2015 12:33:33 GMT
Splashback alert : 12943: A+, £108k, 11 Months, 8% fixed + 2% cashback
Fill yer boots if you like it enough...
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registerme
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Post by registerme on May 18, 2015 12:38:58 GMT
Splashback alert : 12943: A+, £108k, 11 Months, 8% fixed + 2% cashback Fill yer boots if you like it enough... I've taken a bite, but I do wonder how the hell they can get three one bed flats and a studio apartment into 1130 square feet.
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SteveT
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Post by SteveT on May 18, 2015 13:28:56 GMT
Splashback alert : 12943: A+, £108k, 11 Months, 8% fixed + 2% cashback Fill yer boots if you like it enough... 75% filled already
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Post by shadoh on May 18, 2015 13:39:12 GMT
I've taken a bite, but I do wonder how the hell they can get three one bed flats and a studio apartment into 1130 square feet. you make a very good point! I'm in
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oldgrumpy
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Post by oldgrumpy on May 18, 2015 14:08:25 GMT
I've taken a bite, but I do wonder how the hell they can get three one bed flats and a studio apartment into 1130 square feet. you make a very good point! I'm in You obviously haven't realised that the ex-coalition's immigration policy was particularly lax about controlling the unacceptable influx of hobbits searching for a better life above ground.  Nevertheless, I have added my few pence to the cause.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on May 18, 2015 14:58:33 GMT
you make a very good point! I'm in You obviously haven't realised that the ex-coalition's immigration policy was particularly lax about controlling the unacceptable influx of hobbits searching for a better life above ground. Nevertheless, I have added my few pence to the cause. Hobbitsess! I thought it was Oompah Lumpahs or was that the previous bunch! Would chip in but all tied up in previous parts not shifting on the SM 
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adrianc
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Post by adrianc on May 18, 2015 15:04:00 GMT
Splashback alert : 12943: A+, £108k, 11 Months, 8% fixed + 2% cashback Fill yer boots if you like it enough... 75% filled already First bids 13:19, last bids 15:26 I wonder what the record is? (and north of a dozen on the SM within a couple of minutes of bids converting into parts - including a couple at 3% markup... <shakes head>)
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sl75
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Post by sl75 on May 18, 2015 17:12:50 GMT
I see that loan 6504 (Barrowby) has been repaid in full today, so that's another £650k plus interest that could hit the market if everyone is re-investing the proceeds in new loans. Further to this, I see loans 8767 and 8957 (Essex), each of £250k, have also been repaid early. 1 more tranche (10375) remains, but that's only for £70k, so I'd be surprised if it lasts very long, despite claiming to have 19 months remaining. So far that's over £1.15M from these 3 loans alone within the last 2 working days!
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Post by GSV3MIaC on May 18, 2015 20:48:09 GMT
First bids 13:19, last bids 15:26 I wonder what the record is? (and north of a dozen on the SM within a couple of minutes of bids converting into parts - including a couple at 3% markup... <shakes head>) IIRC the record is held by some of the early C- loans when a C- at MBR (10.5% back then) was flippable at a profit straight away. Something under ten minutes from start to fully funded, 90% bought by one or two big bot users, although a lot longer before they turned into loans (if they did) and hit the SM.
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blender
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Post by blender on May 18, 2015 21:32:49 GMT
A bit of conflation there of the MBR debacle of June 2103 and the later introduction of the C-. For one week MBR was introduced at 6% 7.5% 9.3% and 10.5% for a C (no C-). These rates were much greater than currently available and as soon as any was listed it was gone in a flash. 2883 and 2885 both were filled and closed in 4 minutes (I remember increasing my holding by about £20k). Then the MBR was pegged back - I think to about 6,7,8,9, and things settled. The C- (or D really) loans were introduced a month or two after that but with MBR of 11.5%. Then they went in a flash, as correctly said by GSV. But I am not sure if the record time to fill at MBR is held by a loan during MBR debacle week or one of the smaller C- loans snapped up by a large buyer.
Those were the days.
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