voss
Member of DD Central
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Post by voss on Oct 4, 2016 19:23:53 GMT
I'm hurt  I don't disagree with you, but I do like to keep my loans tidy!!! I think they should sort all current problems (ie your 1st paragraph), before embarking on a whole bunch of new problems.........I don't even know what invoice financing is!!!  I don't want savingstream to be left behind; you have new platforms launching like peerfunding, who are offering ISA's and more variety: Business Loans Secured Loans Selective Invoice Finance Selective Debtor Finance Property Bridging Loans Property Development Loans I bet all the existing p2p sites are frustrated that new firms can come along and seal a march on them, despite all the hard work they must be putting in. peerfunding doesn't seem to offer an IFISA yet. Perhaps they are just trying to lock lenders in to their products so that when IFISAs are at last available, that money is then invested on their site rather than elsewhere. 'Full FCA authorisation' may not mean that they have IFISA approval. The only mention of ISA on their site is in the word authorISAtion!
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Liz
Member of DD Central
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Post by Liz on Oct 4, 2016 19:46:47 GMT
I don't want savingstream to be left behind; you have new platforms launching like peerfunding, who are offering ISA's and more variety: Business Loans Secured Loans Selective Invoice Finance Selective Debtor Finance Property Bridging Loans Property Development Loans I bet all the existing p2p sites are frustrated that new firms can come along and seal a march on them, despite all the hard work they must be putting in. peerfunding doesn't seem to offer an IFISA yet. Perhaps they are just trying to lock lenders in to their products so that when IFISAs are at last available, that money is then invested on their site rather than elsewhere. 'Full FCA authorisation' may not mean that they have IFISA approval. The only mention of ISA on their site is in the word authorISAtion! Launches anyday-see this thread: p2pindependentforum.com/thread/6453/new-platform-peer-funding-limited?page=4
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voss
Member of DD Central
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Post by voss on Oct 4, 2016 21:36:00 GMT
but where do they promise ISAs, liz?
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,329
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Post by ilmoro on Oct 5, 2016 0:43:22 GMT
but where do they promise ISAs, liz? They dont but they have confirmed in email to early investors they will seek ISA manager status (takes 2 weeks) and plan to provide ISA over next few months. Sensibly lauching platform is priority
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spiral
Member of DD Central
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Post by spiral on Oct 5, 2016 8:22:41 GMT
Back on topic:
I would like to have an indication of numbers of investors logged in.
I could then gauge whether or not it's worth attempting SM purchases.
Better still would be after getting the "we couldn't place your investment" screen, an indicator of how many people attempted to buy that part was shown but I suspect that is more difficult to code.
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Post by martin44 on Oct 5, 2016 11:57:02 GMT
Can we have stage column back please on the pipeline page? it's just disappeared.  |
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mikes1531
Member of DD Central
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Post by mikes1531 on Oct 5, 2016 19:05:09 GMT
Can we have stage column back please on the pipeline page? it's just disappeared. If SS took it away because they can't be bothered to keep it up-to-date and meaningful, then they might as well not show it at all.
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Post by martin44 on Oct 5, 2016 19:09:36 GMT
Yes i agree it was a bit hit and miss, but i thought it useful for DD on occasion.
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elliotn
Member of DD Central
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Post by elliotn on Oct 20, 2016 1:24:35 GMT
Apologies if these are dupes, am posting directly:
Most Important - PURCHASE PRICE (ie current MV) to be included where our borrower is buying the property so we can calculate how much extra costs (working capital/refurb/planning etc) are being borrowed over and above 100% LTV by using 70% of a notional residual/capitalised rent valuation instead.
Most Practical - c.o.b. bank run, up to date updates.
Other - possibly pre-booking on SM to enhance fairness ie not just retired programmers snaffling loan parts with macros, javascripts, forced captchas etc etc. This could actually enhance liquidity if more people thought it worth their while to use SM.
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ablender
Member of DD Central
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Post by ablender on Oct 20, 2016 5:31:58 GMT
Apologies if these are dupes, am posting directly: Most Important - include borrower's purchase price where appicable so we can calculate how much working capital/refurb is being included in the residual/capitalised rent valuations in the "70% LTV" (hopefully lower rate loans would make them feel more confident on lending at 70% of purchase price if they're genuinely less risky). . . . . What do you understand by this? On SS there are no premiums. What you pay for is what you get.
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elliotn
Member of DD Central
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Post by elliotn on Oct 20, 2016 6:53:28 GMT
Apologies if these are dupes, am posting directly: Most Important - include borrower's purchase price where appicable so we can calculate how much working capital/refurb is being included in the residual/capitalised rent valuations in the "70% LTV" (hopefully lower rate loans would make them feel more confident on lending at 70% of purchase price if they're genuinely less risky). . . . . What do you understand by this? On SS there are no premiums. What you pay for is what you get. Most loans are 70% of MV. Where we are told Purpose of a PBL is for the borrower to purchase the property this is prima facie the current MV. However, where Lendy do not confirm the purchase price but request residual &/or capitalised long term tenanted rental valuations instead to provide the borrower with additional working capital/refurb/planning costs etc., how much above 100% of the current bricks and mortar MV are we actually going?
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Post by portlandbill on Oct 20, 2016 7:35:52 GMT
Other - possibly a pre-booking n SM to enhance fairness ie not just retired programmers snaffle loan parts ie macros, javascripts, forced captchas etc etc this could actually enhance liquidity if more people thought it worthwile to use SM. Good one!
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Post by 2wolfbag2 on Oct 28, 2016 12:40:57 GMT
Okies here's a SUGGESTION (not sure if it has been suggested before)
What I would like on the interface is a way of removing loans in the AVAILABLE tab so that I only see ones I am interested in - so for instance some sort of tick box against each loan - if I tick it then it is no longer displayed (to me).
This would simplify things for me in that. for instance, I could simply tick negative loans, defaulted loans, <12% loans or any that DD indicated to me was not worth me investing then when I refresh I only see the ones I want to see - obviously there would also need to be a tick box option to enable seeing loans I had previously de-selected in this manner.
I still find it strange that after being able to sort the available loans by column that there are a couple that its not possible to do this with (eg Days remaining)
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
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Post by cooling_dude on Oct 28, 2016 13:13:51 GMT
In light of the new interest rates, I have suggestion for SS...
> Different "default pre-fund rate" depending on the %PA the loan offers.
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Post by valueinvestor123 on Oct 28, 2016 15:06:43 GMT
I want to be able to have the option of automatically not bidding on any loans below 12%. Can this be implemented?
thanks vi123
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