blender
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Post by blender on May 28, 2015 19:02:52 GMT
B*******y has just repaid, and if all tranches repaid today that's £2m looking for a new home. So perhaps we can expect some tempting new loans tomorrow to recapture that cash?
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sl75
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Post by sl75 on May 28, 2015 19:10:28 GMT
B*******y has just repaid, and if all tranches repaid today that's £2m looking for a new home. Some tranches had already been repaid - e.g. see my post on this thread on May 15. Looking at the comments on the loans, only the final 2 tranches were repaid today - although that's still a fairly hefty £615k dollop of cash. Extra points to anyone else who used the proceeds of the repayment on May 15 to invest in loan parts that were still being offered at a discount for the tranche(s) that repaid today!
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blender
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Post by blender on May 28, 2015 21:48:33 GMT
B*******y has just repaid, and if all tranches repaid today that's £2m looking for a new home. ... Extra points to anyone else who used the proceeds of the repayment on May 15 to invest in loan parts that were still being offered at a discount for the tranche(s) that repaid today! Yes, that would yield an excellent annualised rate - but arch diversity criminals like to be out well before repayment time.
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SteveT
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Post by SteveT on May 29, 2015 6:54:03 GMT
It is good to see how well the second tranche 13077 is going. Personally I would like to see it fill and Fried Chicken to be encouraged to seek more similar, in preference to the unhealthy long term propping up of 8% projects. Some lenders may be waiting to see if anything better is listed with cash back by Friday evening - because we are greedy b*st*rds - but failing that it should be done by Monday morning, imo. 13077 looks to be on the home straight already (91% filled) and may be gone by tonight
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blender
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Post by blender on May 29, 2015 8:34:43 GMT
98% at 09:31 - have had to join the ship already. Good to see that cash is available for a good unsupported offer. Also nice to see loans being repaid successfully. Have to give some credit to Fine Completion - just this once.
09:40 and it's gone
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SteveT
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Post by SteveT on May 29, 2015 9:02:59 GMT
What happened to 13089? No shows 0% on my watchlist. Check if there's a comment added at the top of the Repayments tab. Auction may have been withdrawn?
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SteveT
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Post by SteveT on May 29, 2015 9:18:22 GMT
13076 (the second tranche of the 24-monther in Nottingham) has actually filled very much faster than did the first; it's already at 85% with >4 days to go. Shows how much money there is competing for the miserly list of new loans this week. Let's hope it fills early this afternoon so Frigid Concubines decide finally to release some better pickings for the weekend.
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coop
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Post by coop on May 29, 2015 9:37:19 GMT
No new loans yet, and it's raining in Headingley! Happy Friday everyone
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Post by GSV3MIaC on May 29, 2015 9:39:15 GMT
What happened to 13089? No shows 0% on my watchlist. Check if there's a comment added at the top of the Repayments tab. Auction may have been withdrawn? That usually works (especially if you have it on your watchlist) but not always - sometimes the loan page is still inaccessible (you get put back to the list of loans instead), or sometimes you get there but there is no comment. I didn't bid on that one, so I get the loans list..
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Post by GSV3MIaC on May 29, 2015 9:40:46 GMT
No new loans yet, and it's raining in Headingley! Happy Friday everyone You are only entitled to 1.1 new loans by this time of day!! I thinks it's raining most everywhere, so England are not being particularly lucky.
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coop
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Post by coop on May 29, 2015 9:57:33 GMT
ooooh hello 13145 9% +2%CB £465k 18 months.
Not too bad!
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Post by shadoh on May 29, 2015 10:29:59 GMT
tis very good actually
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fasty
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Post by fasty on May 29, 2015 10:46:36 GMT
ooooh hello 13145 9% +2%CB £465k 18 months. Not too bad! Many thanks for the alert, coop. That one seems to be going like hot cakes.
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am
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Post by am on May 29, 2015 11:40:50 GMT
ooooh hello 13145 9% +2%CB £465k 18 months. Not too bad! I'd say that this is a higher risk loan; the LTV is high, the London location has (IMHO) a higher risk of adverse price movements, and there is an additional risk of delays in the planning process. It's one I'd want to take a closer look at before taking a significant exposure. (I suppose I could throw in a token £20 bid - it's probably a better deal than unsecured loans of similar risk.)
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am
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Post by am on May 29, 2015 12:05:38 GMT
Extra points to anyone else who used the proceeds of the repayment on May 15 to invest in loan parts that were still being offered at a discount for the tranche(s) that repaid today! There's not much left at a discount on the 2nd tranche of R***g*t* (and none on the 3rd), and I've just hoovered up about 40% of what was there.
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