Assetz Upcoming loans/drawdowns

Generally, you should have ~5 days notice because AC usually doesnt call for UW funds until everythings ready to go. Up until that point, dates are dependent on the whims & efficiencies of lawyers, govt agencies, banks etc and move regularly & substantially. GRL followed this pattern but once funds were called on last Thurs 11/6 it took 5 days and it drewdown on Wed, ahead of its predicted Fri date. The frustrating thing with #166 is that AC called the funds, then seemed to obscure the fact causing confusion, then confirmed funds received introducing certainty, then moved the date without explanation and removed the note that had confirmed funds received. Hopefully its a one off issue & there are already moves to develop a better system so in the long run it will have a positive outcome but its annoying & poorly handled by AC IMHO.

Other factor to consider is AC require UW to release 50% of their holdings on to the market, though they may release more, so you can determine the minimum amount that should become available. Unfortunately there is no way of determining demand or ability to realise that demand. Most recent loans ( possibly all) havent sold out quickly (no fastest finger)

Not easy to say as circumstances of each loan very so much. For instance, #160 would appear to be popular but then it is included in the GEIA so that would have taken a chunk of it, a factor that doesnt influence other loans. #164 was a renewal of an existing loan so most of it was absorbed by existing holders, #165 had funds rolled into it from another loan.

Another factor is there is no way of determining whether UW have released subsequent tranches onto the market so loans may look like they are not popular but in fact have exhausted the initial tranche & been topped up.

Another factor is the where loans have drawndown in the redemption circle. Loans that drawdown around the time another loan is redeemed are obviously more likely to fill quickly than loans drawing down when no loans have redeemed as they are reliant on lenders adding additional cash, diversifying existing holdings or new lenders, rather than existing cash looking for a home.

Thats the best way. Even loans that were in high demand and disappeared immediately on drawdown can generally be acquired over time as people diversify or UW release tranches. eg. #151 was probably the last loan to have all available sums picked up by predrawdown targets. I missed out due to lack of funds but had filled my target within a month. Risk also fluctuates daily, only takes a payment to be a day or so late due to weekend and loans start getting sold down and you can acquire loans that havent been liquid for months.

However, I would note that this is a touch misleading as a reply to the question upland probably meant...

"sold out" or £0.00 in the "units available" column implies only that no purchase is immediately possible.

For those with a relatively modest unfulfilled target (e.g. up to £100 per loan), the chances are that the target will be fulfilled during the days/weeks after drawdown as other users adjust their targets. Once a loan is sold out, further sales typically occur "immediately" without appearing as "units available" for more than a few seconds.

i.e. unless you're after an unusually large holding, it's probably not necessary to provide the capital up front in advance before drawdown.

AC used to show total borrower repayments (lender + platform interest). Platform interest was typically 1%-2%. I suspect that's the difference here.

12 predicted drawdowns in the next eleven days; how will I keep up?

Well, #166 has been put back from "Wednesday at the latest but aiming for Monday" to "anticipated Friday 26th", so most of the week will be a little easier to keep up with, albeit with a little bit of extra annoyance

Edit: Ah, andy2001, beat me to it.  And with a touch more equanimity.

Indeed, no explanation and no answers to any questions posed.   

See DBL has reappeared as predicted by bg