ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,330 
Likes: 11,549
|
Post by ilmoro on Aug 6, 2015 13:23:55 GMT
Why there are no units available ? Because lenders had targets set that were cumulatively for a sum equal to/greater than the amount released onto the market by underwriters so there was no surplus supply available to be picked up on an ad hoc basis. Only a small loan.
|
|
|
|
Post by chris on Aug 6, 2015 14:43:32 GMT
Why there are no units available ? Something we need to make clearer on the site is that there are a list of loans that are in the process of drawing down and that you can preset investment targets against them. When the loan then draws down the system will then buy loan units up to your target as your available funds allow. If there is more demand than supply then the loan units are divided equally amongst lenders.
|
|
kermie
Member of DD Central
Posts: 691
Likes: 462
|
Post by kermie on Aug 6, 2015 15:11:13 GMT
Why there are no units available ? Something we need to make clearer on the site is that there are a list of loans that are in the process of drawing down and that you can preset investment targets against them. When the loan then draws down the system will then buy loan units up to your target as your available funds allow. If there is more demand than supply then the loan units are divided equally amongst lenders. I was reminded of this when my target on L***** L** Tranche 4 was undershot at drawdown by quite some margin earlier this week - that was obviously a very popular loan that plenty of people were waiting to pounce on! ;-) Still - at least I got a piece of the pie.
|
|
jonah
Member of DD Central
Posts: 2,031
Likes: 1,113
|
Post by jonah on Aug 6, 2015 15:24:57 GMT
LLT4 being popular.... At that rate I can't imagine why!  |
|
oldgrumpy
Member of DD Central
Posts: 5,087
Likes: 3,233
|
Post by oldgrumpy on Aug 6, 2015 15:38:45 GMT
194 BCL is also borrowing another £250K on FK (C******** Care Ltd)
|
|
|
|
Post by lynnanthony on Aug 10, 2015 13:45:39 GMT
New in upcoming, 197 bridging loan, 8%.
|
|
SteveT
Member of DD Central
Posts: 6,875
Likes: 7,924
|
Post by SteveT on Aug 10, 2015 16:47:58 GMT
186 appears to have drawn down. About £30k still available.
|
|
|
|
Post by lynnanthony on Aug 11, 2015 14:01:34 GMT
New in upcoming, 198 SSAS / timber products company, 10%.
|
|
|
|
Post by lynnanthony on Aug 28, 2015 12:58:02 GMT
Loan 200, £215k over five years, a Multi-disciplined marketing and communications business.
|
|
|
|
Post by lynnanthony on Sept 7, 2015 13:13:08 GMT
Loan 199, £950k over two years, building development, Scottish Borders.
|
|
SteveT
Member of DD Central
Posts: 6,875
Likes: 7,924
|
Post by SteveT on Sept 10, 2015 8:55:06 GMT
Underwriting Called flag has appeared on #174. Est. draw-down date shown as 16th Sept.
|
|
sqh
Member of DD Central
Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
Posts: 1,428
Likes: 1,212
|
Post by sqh on Sept 10, 2015 15:39:30 GMT
Underwriting Called flag has appeared on #174. Est. draw-down date shown as 16th Sept. I would expect all concerned to get this loan drawndown before 16th Sept, in order to free up liquidity.
|
|
jonah
Member of DD Central
Posts: 2,031
Likes: 1,113
|
Post by jonah on Sept 15, 2015 14:42:53 GMT
Down to 5 loans with parts on offer... 174 has an update suggesting it will go live today, but this is getting quite 'lean'
|
|
SteveT
Member of DD Central
Posts: 6,875
Likes: 7,924
|
Post by SteveT on Sept 15, 2015 16:38:34 GMT
Down to 5 loans with parts on offer... 174 has an update suggesting it will go live today, but this is getting quite 'lean' 174 now delayed to tomorrow ...
|
|
agent69
Member of DD Central
Posts: 6,049
Likes: 4,438
Member is Online
|
Post by agent69 on Sept 15, 2015 17:03:18 GMT
Down to 5 loans with parts on offer... 174 has an update suggesting it will go live today, but this is getting quite 'lean' There was over £300k of 165 less than a week ago, but now none. Wonder who has been buying it?
|
|
