Increase in Loan Part Sale Fee

I agree with all of the above. This move is wrong in so many ways. I was very hopeful LC would grow and take over from FC but this has really put me off increasing my investment. The obvious solution is to be able to mark up loan parts for sale by the same amount. I will not be buying multiple parts in future.

I really dislike the sale fee.  It has stopped me in my tracks from chucking quite a bit into this platform.  Perhaps it is meant to cool the aftermarket.... well it cooled my investments down to scraps in new loans and then only at the top rates...

Well, actually, the maximum achieved rate for the most recent loan I think was about 11.8%. Taking off the 1% fee paid to LC takes that to 10.8%, and then comes the 0.5% sales fee which takes it to 9.8% for 6 months. I'd then (personally) have to pay BR income tax so we're now down to 7.84%. After that, I'd have to throw my loan part into the mysterious wilderness that is the LC SM and trust that it sells in a reasonably quick time - for which I have no evidence to date will actually happen. In comparison, with MT or SS, I would earn 12% (9.6% net) and know that my loan part will have more security and very likely sell near instantaneously on the SM (assuming current conditions continue of course). 

I don't think LC can be compared with RS, which has a provision fund and is generally accepted to hold much less risk than LC/MT/SS/FC (although not no risk as we are often reminded).

Also, by 'temporary home', I actually meant 1-2 months until the rest heat up again, for which of course the maths looks even worse.

A sale does not make a statistically significant sample.
I have had loan parts (echo chic and sortmypc) on sale for over two months and no sale yet. And these parts are top rate for the respective loan band....
So certainly sales are not guaranteed or easy by any mean!!

I have tried in the past to understand how the system works. When talking to their helpline, they kept their cards very close to their chest.  However, they implied that they would always amalgate loan parts from three sources (if possible at all) to generate a new loan part. They assured me that neither the size of the loan part to be sold,  its yield, nor the time it has spent on the SM would have much influence on the likelihood of it being amalgated into a new loan part. Whether the resulting loan part on offer then is accepted by the buyer is a different issue I would assume.

I've sold several parts without any problem, usually within a week or so. Let's suppose I sell a £40 part, 14% interest. If sales are 'averaged out' over, say, 3 parts, with the other 2 parts being 'underwriter' parts at 10%, that would average out at 11.3%, but my guess is that the buyer (3 buyers?) would be offerred about 10.5% at best. So who is pocketing the difference? And if my sold part is averaged out, does that mean that it will not sell untill there are 3 buyers lined up? Obviously all of this is unworkable, and the lack of transparency re the secondary market seems to lead to the conclusion that it is 'fixed', just as the primary auctions are 'fixed'.

After making some initial, concentrated investments, I'm now looking to sell down some of my concentrated loan positions to bid on new loans as they come on the platform.  However, after putting up a number of loan parts for sale last week, none have yet sold.  What are other people's experience of secondary liquidity, particularly post £100 promotion?