boble
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Post by boble on Mar 22, 2016 13:27:31 GMT
Over the last couple of days I have noticed that on two or three occasions, the part loan amounts I have purchased have been less than the amount I thought I was purchasing; this may be only 50p or 60p less, so not likely to be as a result of a prior purchaser. I am wondering if this is because the part loans haven't been paid for by the seller and the shortfall is as a result of SS recovering the interest previously credited to the seller?
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Investor
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Post by Investor on Mar 22, 2016 13:41:59 GMT
No offense meant in any way, but is this really worth a new thread, perhaps might have been better to post in the newbie questions thread. SS do not show pennies on larger amounts of loans available, I think £100 is the cut off. Hence if I put up £265.60 for sale you will see £257 available but when you make the purchase this will be scaled back to the actual available amount. Hope this helps
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Post by GSV3MIaC on Mar 22, 2016 16:06:45 GMT
Yep, pence are rounded, sometimes you get 50p less, sometimes 49p is left over (which annoys the seller).
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sl75
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Post by sl75 on Mar 22, 2016 16:15:10 GMT
It's also possible to buy slightly more than you thought - if the amount on offer is less than the amount you want, enter the amount you want anyway... it'll ensure you get the odd pence that were rounded down for display purposes (if relevant), and you never know whether additional units are about to be made available for sale just as you're pressing "ok".
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ablender
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Post by ablender on Mar 22, 2016 16:17:30 GMT
The important thing is that the amount of the loan part you buy and the amount shown on the transaction statement are the same.
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