Investor
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Post by Investor on Sept 22, 2015 13:37:12 GMT
I did not pre fund on this one so do not have the info to update this page. Can assume everyone got 100% but if anyone got the email with the amounts on it can they let me know.
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Post by nickthefool on Sept 22, 2015 13:43:06 GMT
They appear to not give out the amount pre-funded when it's less than the total loan.
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arbster
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Post by arbster on Sept 22, 2015 13:56:06 GMT
I logged on shortly after getting the mail and I'm pretty sure I recollect there being approx. 20% available, which would equate to £2.4M pre-funding.
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webwiz
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Post by webwiz on Sept 22, 2015 15:01:22 GMT
I logged on shortly after getting the mail and I'm pretty sure I recollect there being approx. 20% available, which would equate to £2.4M pre-funding. Unless there were already SM parts there. The ability to see the split of "available" between unsold and SM would be useful. Maybe on the new platform?
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mikes1531
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Post by mikes1531 on Sept 22, 2015 17:22:48 GMT
I logged on shortly after getting the mail and I'm pretty sure I recollect there being approx. 20% available, which would equate to £2.4M pre-funding. Unless there were already SM parts there. The ability to see the split of "available" between unsold and SM would be useful. Maybe on the new platform? And what about the possibility -- probability? -- that SS didn't release all the parts that haven't already been spoken for? They've done that often enough in the past, releasing more and more of the loan parts as the apparently available supply is absorbed. IMHO, they easily could be holding back £1+M of parts until the currently available parts are bought up.
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paulg
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Post by paulg on Sept 22, 2015 18:54:03 GMT
I did not pre fund on this one so do not have the info to update this page. Can assume everyone got 100% but if anyone got the email with the amounts on it can they let me know. The email doesn't give a figure for the total pre-fund, but I agree with nickthefool and arbster - there was about 20 - 21% available when I looked a couple of minutes after launch.
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paulg
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Post by paulg on Sept 23, 2015 10:55:53 GMT
Investor, SS added about £200k to PBL59 this morning so you might want to adjust the estimate of the pre-fund. Edit: More funds added to PBL59 by SS: 25 Sept £100k 28 Sept £100k 28 Sept £100k 29 Sept £100k 30 Sept £100k 30 Sept £100k 2 Oct £100k So at best the pre-fund was about £1,500,000.
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mikes1531
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Post by mikes1531 on Sept 23, 2015 14:28:02 GMT
Investor, SS added about £200k to PBL59 this morning so you might want to adjust the estimate of the pre-fund. : How do you know it was SS? I'm not suggesting it wasn't, but the extra parts also could have come from someone who put in a huge PF request and doesn't really want to keep all the parts they were allocated. And since SS don't always release all the remaining underwriter parts as soon as the loan goes live, I'm afraid I feel we're not doing much more than guessing when trying to work out how much PF demand there was for a particular loan.
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paulg
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Post by paulg on Sept 23, 2015 14:43:06 GMT
Investor, SS added about £200k to PBL59 this morning so you might want to adjust the estimate of the pre-fund. : How do you know it was SS? The usual test - we put a PBL59 loan part on the SM after the £200k appeared and it sold straight away.
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Post by nickthefool on Sept 24, 2015 11:39:54 GMT
Not exact but shortly after I got the emails:
PBL60 £1,228,700 funded
PBL61 £843,000 funded
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SteveT
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Post by SteveT on Sept 24, 2015 11:48:47 GMT
Not exact but shortly after I got the emails: PBL60 £1,228,700 funded PBL61 £582,000 funded I wrote down the same figure for PBL60 but £842,500 for PBL61 (unless someone scooped up a huge slice just after it went live)
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Post by nickthefool on Sept 24, 2015 11:54:53 GMT
Not exact but shortly after I got the emails: PBL60 £1,228,700 funded PBL61 £582,000 funded I wrote down the same figure for PBL60 but £842,500 for PBL61 (unless someone scooped up a huge slice just after it went live) Looks like I wrote down the amount available for PBL61 by accident, thanks. I'll edit my post (should have been £843k).
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paulg
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Post by paulg on Oct 8, 2015 14:08:41 GMT
As PBL59 has now gone to zero availability, assuming SS don't have any more hidden up their sleeve it seems that the actual pre-fund amounted to something around £1,200,000.
The post-launch amounts added by SS also totaled £1,200,000 :-
23-Sep-15 £200,000
25-Sep-15 £100,000
28-Sep-15 £100,000
28-Sep-15 £100,000
29-Sep-15 £100,000
30-Sep-15 £100,000
30-Sep-15 £100,000
02-Oct-15 £100,000
03-Oct-15 £100,000
05-Oct-15 £100,000
07-Oct-15 £100,000
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Post by red_panda on Oct 9, 2015 11:56:53 GMT
"The pre-funding amount that you choose, is the maximum that will automatically be invested for you."
Is the amount taken only from available funds or will it take up to the maximum and generate a BACS if there are not enough available funds?
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arbster
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Post by arbster on Oct 9, 2015 12:27:12 GMT
"The pre-funding amount that you choose, is the maximum that will automatically be invested for you." Is the amount taken only from available funds or will it take up to the maximum and generate a BACS if there are not enough available funds? The latter.
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