mary
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Post by mary on Jun 28, 2017 18:28:58 GMT
I suspect there is a lot of money trying to leave Lendy for MT but without much success. The sooner MT introduce their ISA the better as there is a lot of money sitting in old years cash ISAs. Not sure I agree, a slow down in new loans on both platforms has brought down the SM on each at the same time. Impossible to tell if new money on Lendy is leading older investors to move to MT. Seems to me that the availability of 12% loans on the SM is better on Lendy at present, assuming you are happy with the platform. Remember that what many people on this forum think now about MT is exactly what they thought about Lendy a year ago! PS. I'm on both, diversification is the key to minimising losses!
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Post by trobinson on Jun 30, 2017 13:11:03 GMT
£26.5k on MTAV714 Liverpool at 13% available on the SM. Ends May 2018
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r00lish67
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Post by r00lish67 on Jun 30, 2017 14:13:19 GMT
£26.5k on MTAV714 Liverpool at 13% available on the SM. Ends May 2018 Thanks, that mopped up my Pershore repayment very nicely.
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Post by trobinson on Jun 30, 2017 21:41:27 GMT
No problem. I sold to get 2% cashback elsewhere.
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Post by settersam on Jul 2, 2017 8:25:47 GMT
just noticed that people seem to be purchasing more of the W****n hotel from the secondary market than from the latest 9th advance. I just purchased some but chose the new loan simply to help ensure it could be drawndown tomorrow & benefit the platform. Is there any reason for choosing earlier advances or simply lack of understanding?
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archie
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Post by archie on Jul 2, 2017 8:45:04 GMT
just noticed that people seem to be purchasing more of the W****n hotel from the secondary market than from the latest 9th advance. I just purchased some but chose the new loan simply to help ensure it could be drawndown tomorrow & benefit the platform. Is there any reason for choosing earlier advances or simply lack of understanding? I always buy primary market first. I wouldn't list an earlier tranche for sale while MT are trying to sell the latest tranche. Holding multiple tranches of the same loan means you can choose the shortest queue if you need to sell any. This is the main benefit of not combining tranches.
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elliotn
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Post by elliotn on Jul 2, 2017 10:17:17 GMT
just noticed that people seem to be purchasing more of the W****n hotel from the secondary market than from the latest 9th advance. I just purchased some but chose the new loan simply to help ensure it could be drawndown tomorrow & benefit the platform. Is there any reason for choosing earlier advances or simply lack of understanding? I always buy primary market first. I wouldn't list an earlier tranche for sale while MT are trying to sell the latest tranche. Holding multiple tranches of the same loan means you can choose the shortest queue if you need to sell any. This is the main benefit of not combining tranches. Interesting points. I wasn't a fan of split tranches because it was harder to track total loan amounts on the website and allowed others to queue jump who listed after you in a lower queue. That of course could just as well be used for your own benefit as you say and a rational buyer should also choose the shortest queue in most likely expectation of prospective liquidity too (give or take a BH taking a sudden dump). 🤔
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Post by GSV3MIaC on Jul 2, 2017 10:21:30 GMT
It's far from obvious which tranche some buyer would go for anyway** .. the shortest Q, the largest Q, the newest tranche, the oldest tranche .. who knows. I'd prefer to have them all rolled up together, Ly style.
** in cases where they are all equal - same rate, same end dates, etc.
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duck
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Post by duck on Jul 2, 2017 15:16:13 GMT
just noticed that people seem to be purchasing more of the W****n hotel from the secondary market than from the latest 9th advance. I just purchased some but chose the new loan simply to help ensure it could be drawndown tomorrow & benefit the platform. Is there any reason for choosing earlier advances or simply lack of understanding? .... makes my spreadsheets easier! One less line to monitor/cross reference. Also has the benefit of making interest payments easier to cross reference/check. Whilst I enjoy 'a good spreadsheet' my accountants did raise an eyebrow when I submitted over 40,000 lines of transactions this year
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mrflush
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This is not me
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Post by mrflush on Jul 2, 2017 18:37:14 GMT
Whilst I enjoy 'a good spreadsheet' my accountants did raise an eyebrow when I submitted over 40,000 lines of transactions this year Presumably they would raise the other eyebrow if you included the amounts from the AC black box transactions
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gt94sss2
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Post by gt94sss2 on Jul 2, 2017 23:33:52 GMT
I suspect the amounts for sale across many platforms will increase this month - as investors start to sell down holdings to pay their tax bills at the end of the month.
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elliotn
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Post by elliotn on Jul 14, 2017 11:14:26 GMT
The football club & Edinburgh students are the first casualties of Scotland going live imminently.
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elliotn
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Post by elliotn on Jul 17, 2017 3:36:13 GMT
Lots of AE car loans available.
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ozboy
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Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Jul 17, 2017 20:48:37 GMT
Lots of AE car loans available. And lots of new "noise" coming out of The US of A about the changing Car Loans situation over the pond too
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theshape
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Post by theshape on Jul 17, 2017 21:15:48 GMT
If the question is What's on the SM?, today's answer would be 'just about a bit of everything'.
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