jonno
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nil satis nisi optimum
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Post by jonno on Oct 26, 2016 14:00:48 GMT
So I take it you'd claim your earlier post referencing "acolytes" and "trolls" was NOT intended to sow discord, start arguments or upset people...? That's a dilemma of course one can't pass comment on trolls without being accused yourself, much like your comment answer before you reply remember this would go on ad infinitum. OK guys; I think it's "go get a life" time. 
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ablender
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Post by ablender on Oct 26, 2016 14:06:10 GMT
I suspect there'll be a significant amount of the SM quite quickly - there's bound to be someone out there who hasn't spotted the new lower rate and who also hasn't changed their prefund value. But it'll get snapped up quickly too. I based this on my golden rule of "investment liquidity probability" - the prettier the picture the better it sells!  And what was your conclusion?
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Post by wiseclerk on Oct 26, 2016 14:08:35 GMT
Slight oversight, the advance loan email still says on top I think that the entry you refer to is their general headline rate (not specifically this loan). In the body of the email it specifically says 9%. Yes but in my email viewer that is visible in the subject line. So WITHOUT opening the email I see "Advance loan go-live notice - Earn 12% net (annualised) with Saving Stream View this email in your browser ADVANCE LOAN GO-LIVE NOTICE PBL144 - D*** R***, P*****, S***** Dear ..., We are pleased to confirm that " I also suspect that this first sub 12% loan will get many bids from investors who did not change their general prefund amounts
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Post by savingstream on Oct 26, 2016 14:17:52 GMT
We can confirm that the borrower is not living in the property, will not be living in the property and will be in default if they do move in which we will enforce robustly. This is made very clear to the borrower in the loan documents and we will monitor the situation (as we do for all loans) throughout the term of the loan.
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Post by ydobon on Oct 26, 2016 14:18:45 GMT
I'm pretty much a pocket money investor (literally, I tend to dump some of my fun money after the mortgage and bills have been paid into P2P, provision for the future goes the usual boring way of pensions, S&S ISA etc.) Life story aside, I have been keeping a weather eye open for the first of these reduced rate loans, as I have no interest in cutting 3% of the rate paid to me. So I missed the poll, but it would have been a resounding no from me. C_D clearly forgot that option, as I suspect that it would have been popular!  |
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ablender
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Post by ablender on Oct 26, 2016 14:19:28 GMT
We can confirm that the borrower is not living in the property, will not be living in the property and will be in default if they do move in which we will enforce robustly. This is made very clear to the borrower in the loan documents and we will monitor the situation (as we do for all loans) throughout the term of the loan. Thanks for this clarification.
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ablender
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Post by ablender on Oct 26, 2016 14:20:43 GMT
I think that the entry you refer to is their general headline rate (not specifically this loan). In the body of the email it specifically says 9%. Yes but in my email viewer that is visible in the subject line. So WITHOUT opening the email I see "Advance loan go-live notice - Earn 12% net (annualised) with Saving Stream View this email in your browser ADVANCE LOAN GO-LIVE NOTICE PBL144 - D*** R***, P*****, S***** Dear ..., We are pleased to confirm that " I also suspect that this first sub 12% loan will get many bids from investors who did not change their general prefund amounts Hi wiseclerk , may I ask you what software you are using?
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SteveT
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Post by SteveT on Oct 26, 2016 14:36:32 GMT
So I take it you'd claim your earlier post referencing "acolytes" and "trolls" was NOT intended to sow discord, start arguments or upset people...? That's a dilemma of course one can't pass comment on trolls without being accused yourself, much like your comment answer before you reply remember this would go on ad infinitum. Yes, one can if one instead uses "Report Post", as opposed to responding in kind. Two wrongs do not make a right.
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adrianc
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Post by adrianc on Oct 26, 2016 15:30:04 GMT
I think that the entry you refer to is their general headline rate (not specifically this loan). In the body of the email it specifically says 9%. Yes but in my email viewer that is visible in the subject line. So WITHOUT opening the email I see "Advance loan go-live notice - Earn 12% net (annualised) with Saving Stream View this email in your browser ADVANCE LOAN GO-LIVE NOTICE PBL144 - D*** R***, P*****, S***** Dear ..., We are pleased to confirm that " I also suspect that this first sub 12% loan will get many bids from investors who did not change their general prefund amounts That's not the subject line. Your mail client is showing you a preview of the body. Just looking down recent SS mails, the line in the GoLive is "Earn 12%...". The similar line in the Repayment from 128 is "Earn up to 12%..." - so, yes, looks like a template that's not been updated.
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bababill
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Post by bababill on Oct 26, 2016 16:52:51 GMT
I have decided to take a punt. Valuation seems realistic based on mouseprice.com website. Some may say the website is not accurate, however it is spot-on for my area so will give it a go.
Would have liked a little more time today to study the same but not possible..
Had the loan been last week probably would have given it a miss for various reasons.
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Post by supernumerary on Oct 26, 2016 17:04:37 GMT
Meanwhile, Ablrate who tend to offer between 10 and 12%, currently have two on offer at 14% - possibly not for the faint hearted?? LW Thank you for mentioning that. I will take a look.
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Post by supernumerary on Oct 26, 2016 17:12:15 GMT
 And the snap poll reveals... 94% refusal! Jeez.... Erm... could one of the 4 please send me what you are allocted, please  DUDE, Do you know why the poll was closed early? I didn't even get a chance to vote no... 
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n
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Yet another Nick
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Post by n on Oct 26, 2016 17:32:24 GMT
I have also decided to take a punt, having voted NO, but I will not be doing it via pre-funding as the choices don't go down to £0.01. |
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Post by dualinvestor on Oct 26, 2016 17:34:15 GMT
And the snap poll reveals... 94% refusal! Jeez.... Erm... could one of the 4 please send me what you are allocted, please DUDE, Do you know why the poll was closed early? I didn't even get a chance to vote no... It was always going to be closed when the "Going Live" email was sent
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Post by supernumerary on Oct 26, 2016 17:49:05 GMT
It was always going to be closed when the "Going Live" email was sent Thank you for taking the time to explain.
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