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Post by MoneyThing on Jul 8, 2016 12:44:10 GMT
Will everyone please stop talking about investor confidence!  The more everyone talks about it, the less confident I become.  I'm starting to sell!  I've increased P2P lending (mainly on MT though), hope that cheers you up  ...cheers me up! 
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Monetus
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Post by Monetus on Jul 8, 2016 12:51:43 GMT
Also increasing my P2P stake currently.
Only thing I am doing differently now is focusing on as much diversity in asset types as possible - I was quite heavy in commercial property so I am now rebalancing to include more residential property, pawnbroking, business loans etc.
But other than that.... all systems go!
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Post by red_panda on Jul 8, 2016 12:55:30 GMT
I'm keeping my stake in P2P, but what has me worried is the "quality" of updates by SS on the "Recent Updates" for each loan. I've gone through dozens of loans and looked at the updates SS has been posting and there are far to many updates like "Expected repayment within a week." that just did not happen. I'd struggle to find updates that were valid in the end.
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james
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Post by james on Jul 8, 2016 13:12:43 GMT
Will everyone please stop talking about investor confidence! The more everyone talks about it, the less confident I become. I'm starting to sell! There's nothing wrong with selling. It beats holding and regretting it later. The difficulty is deciding what to sell on which platforms. Around eighteen months ago I sold around half of the loans I had on one platform, picking the ones that I thought were higher risk or lower interest rate or a combination. Personally I'm continuing to increase my P2P holdings, though at least for now I've abandoned plans to do it with SavingStream.
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james
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Post by james on Jul 8, 2016 13:17:08 GMT
I've increased P2P lending (mainly on MT though), hope that cheers you up ...cheers me up! You need to be careful or we might all start to write lots of the nice things that you deserve to have written about your platform and how your team is a class act in terms of loan descriptions and communication and such...
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Steerpike
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Post by Steerpike on Jul 8, 2016 13:40:57 GMT
I'm keeping my stake in P2P, but what has me worried is the "quality" of updates by SS on the "Recent Updates" for each loan. I've gone through dozens of loans and looked at the updates SS has been posting and there are far to many updates like "Expected repayment within a week." that just did not happen. I'd struggle to find updates that were valid in the end. To be fair, exactly the same could be said of comments on loans on other platforms, SS is not the only one posting optimistic predictions
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Post by GSV3MIaC on Jul 8, 2016 14:58:43 GMT
I'm sure actual repayment dates are randomly distributed about 'expected' dates, however if they come in early, there is no platform announcement, if they are on time, we are all surprised and happy, so what we mostly see are the ones that came in late (or are still waiting). Having said that, there is a lot of wishful thinking all down the line, from the refinance company ('you'll have the new loan next week') to the borrower, the legal eagles, and finally our platform. Nobody seems to dare to be realistic (aka pessimistic).
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boundah
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Post by boundah on Jul 8, 2016 16:32:43 GMT
Student housing should also hold its own as many of the students are foreign and UK education would now seem more affordable. The more luxurious student accommodation is targeted to foreign students. The only problem with this premise is that overseas students are counted in the immigration figures, which the Tories have promised (and so far failed) to reduce to the 'tens of thousands'. Now the swiveleyes are firmly in control they might just try and see the Daily-Mail-inspired promise through, even though it would damage our universities, our national reputation and (most importantly to us SS lenders ) our loans.
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bloodycat
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Post by bloodycat on Jul 9, 2016 10:06:16 GMT
Student housing should also hold its own as many of the students are foreign and UK education would now seem more affordable. The more luxurious student accommodation is targeted to foreign students. The only problem with this premise is that overseas students are counted in the immigration figures, which the Tories have promised (and so far failed) to reduce to the 'tens of thousands'. Now the swiveleyes are firmly in control they might just try and see the Daily-Mail-inspired promise through, even though it would damage our universities, our national reputation and (most importantly to us SS lenders ) our loans. Also a significant number of students come from the EU and these numbers are definitely going to be affected (already are according to some of my colleagues). Once they have to start paying full international fees rather than home fees as at present we will be even less attractive as many other European countries are much cheaper and many of their universities also teach in English. Personally I have been of the opinion for some time that student accommodation was starting to saturate as we approach peak sustainable student numbers.
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locutus
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Post by locutus on Jul 9, 2016 10:17:17 GMT
The only problem with this premise is that overseas students are counted in the immigration figures, which the Tories have promised (and so far failed) to reduce to the 'tens of thousands'. Now the swiveleyes are firmly in control they might just try and see the Daily-Mail-inspired promise through, even though it would damage our universities, our national reputation and (most importantly to us SS lenders ) our loans. Also a significant number of students come from the EU and these numbers are definitely going to be affected (already are according to some of my colleagues). Once they have to start paying full international fees rather than home fees as at present we will be even less attractive as many other European countries are much cheaper and many of their universities also teach in English. Personally I have been of the opinion for some time that student accommodation was starting to saturate as we approach peak sustainable student numbers. Just 6% of students from the EU. I wouldn't call that significant.
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bloodycat
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Post by bloodycat on Jul 9, 2016 10:35:01 GMT
It's a third of the total number of international students, and demographically the pool of potential home students peaked a couple of years ago so international students are increasingly important to our universities.
Overall international students make up 18% of the student population, but for many of our top universities this is much higher (where I work they make up 37%).
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bigfoot12
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Post by bigfoot12 on Jul 9, 2016 15:13:00 GMT
...overseas students are counted in the immigration figures, which the Tories have promised (and so far failed) to reduce to the 'tens of thousands'. But the figure is a net figure. The only 'problem' is those that stay on after they complete their course.
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jonah
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Post by jonah on Jul 10, 2016 12:48:12 GMT
...overseas students are counted in the immigration figures, which the Tories have promised (and so far failed) to reduce to the 'tens of thousands'. But the figure is a net figure. The only 'problem' is those that stay on after they complete their course. Whilst I agree with your logic, my understanding was that students were included in the figures. I seem to recall a tv debate a year or so back suggesting removing students to 'fix ' the figures.
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adrianc
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Post by adrianc on Jul 10, 2016 19:31:15 GMT
...overseas students are counted in the immigration figures, which the Tories have promised (and so far failed) to reduce to the 'tens of thousands'. But the figure is a net figure. The only 'problem' is those that stay on after they complete their course. Somebody who arrives in the UK on a student visa, then finishes or leaves their studies, and does not get another class of visa is in the UK illegally. Just as illegally as if they overstayed a tourist visa.
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hantsowl
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Post by hantsowl on Jul 10, 2016 20:18:08 GMT
Will everyone please stop talking about investor confidence! The more everyone talks about it, the less confident I become. I'm starting to sell! I've increased P2P lending (mainly on MT though), hope that cheers you up I've recently increased P2P lending on SS, MT and FS, but MAINLY on SS. I find the SM by far the best and very easy to diversify across many loans to reduce risk. MT and FS do allow diversification into non-property assets (but only if you are quick or lucky enough to get hold of them). At the moment there are only slow moving 10% loans on MT available and I won't even attempt the FS SM due to issues re tax liability. With SS I can usually get almost any loan that I want from the SM if I use a bit of FFF 😄 It certainly beats investing in the stock market at the moment and at current interest rates bank deposits are a total waste of time. Probably three new loans next week, so more diversification on the way 👍
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The more everyone talks about it, the less confident I become. 
I'm starting to sell! 
