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Post by Olivia on Nov 30, 2017 13:39:06 GMT
Hi all, With regards to the TopCashback and Quidco tracking issues, we are looking into resolving the issues that some investors are experiencing as soon as possible. In the meantime, I would appreciate anyone that has come through these channels would let me know directly and as we have done previously, we will honour any cashback on our end. puddleduck - I appreciate your concerns regarding this deal and that you feel that the rate is too low for the risk. However, we have offered 6.95% pa gross which is towards the higher end of what we would usually offer on Select-Invest deals and this is taking all factors into consideration. Kind regards, Danny
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Post by Olivia on Nov 30, 2017 16:52:26 GMT
Just to let you all know, we have introduced the second part of one of our deals from last month. There is £112,000 available for investment and is live now. Please note that this is not in reserve and you will earn interest immediately on any investments into this deal, however you cannot withdraw your investment.
Danny
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Post by keyboardworrier on Dec 1, 2017 11:21:33 GMT
Hi all, With regards to the TopCashback and Quidco tracking issues, we are looking into resolving the issues that some investors are experiencing as soon as possible. In the meantime, I would appreciate anyone that has come through these channels would let me know directly and as we have done previously, we will honour any cashback on our end. puddleduck - I appreciate your concerns regarding this deal and that you feel that the rate is too low for the risk. However, we have offered 6.95% pa gross which is towards the higher end of what we would usually offer on Select-Invest deals and this is taking all factors into consideration. Kind regards, Danny This wasn't the case for me when I raised a cashback tracking issue sometime ago unfortunately. I didn't pursue the issue too much as I assumed it was a one off, but now I see others having exactly the same problem perhaps my case can be looked into again?
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Post by Olivia on Dec 1, 2017 14:41:28 GMT
Hi keyboardworrier, Apologies for this. I will certainly look back into this for you as we would not want any of our investors to miss out on any cashback that they are owed. Could you kindly PM me your details and I will look into this further for you. Kind regards, Danny
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puddleduck
Member of DD Central
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Post by puddleduck on Dec 7, 2017 8:26:57 GMT
Just to say that my cashback has been paid via Topcashback overnight.
Thanks a lot
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puddleduck
Member of DD Central
Posts: 537
Likes: 489
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Post by puddleduck on Dec 19, 2017 8:43:57 GMT
Ah, r00lish67 thank you for pointing out. keyboardworrier please find my answer regarding your question. With regards to secondary market, we don't have a SM at the moment. We will have to go through the FCA to offer this feature after going through the appropriate guidelines. We constantly have conversations internally and our investors do want to see an active SM on the platform. We will keep you informed. Many thanks Hello Do you have any update on the plans for a secondary market as this post was around 4 months ago? I would be happy to invest more but right now I'm at my max. for a platform with no SM. It might help get some of your larger loans more traction.
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Post by Olivia on Dec 19, 2017 10:39:42 GMT
Hi puddleduck, We are certainly still looking at introducing a secondary market, however nothing has been confirmed yet so we will keep you updated once we have something in place on our end. Kind regards, Danny
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sussexlender
Member of DD Central
Cheat seeking missile
Posts: 550
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Post by sussexlender on Jan 9, 2018 15:31:32 GMT
Have just discovered Kufflink.
I had a very helpful conversation with Danny and have now opened an account.
I would welcome a secondary market but content to see how the platform develops as it goes along.
Best wishes,
SXLR
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jnm21
Posts: 441
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Post by jnm21 on Jan 10, 2018 2:05:57 GMT
@danny kuflink are there any plans to do one of your 3% cashback offers in the near future (pre-Arpil ISA deadline perhaps )? Can they be combined with the 5.5% TCB cashback for new investors (sorry if this seems cheeky)?
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Post by Olivia on Jan 10, 2018 12:20:43 GMT
Hi jnm21, At the moment there are no immediate plans for another 3% cashback offer. However, I will be sure to post when a new cashback offer comes up. Unfortunately, this cashback offer cannot be used in conjunction with any other offers. Kind regards, Danny
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kaya
Member of DD Central
Posts: 1,150
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Post by kaya on Jan 10, 2018 20:27:28 GMT
@danny kuflink are there any plans to do one of your 3% cashback offers in the near future (pre-Arpil ISA deadline perhaps )? Can they be combined with the 5.5% TCB cashback for new investors (sorry if this seems cheeky)? Nice try jnm21, that'll be the day! Watch 'em carefully on the TCB deal however. Not working smoothly for me...
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jnm21
Posts: 441
Likes: 166
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Post by jnm21 on Jan 16, 2018 23:14:44 GMT
kaya "If you don't ask you don't get" & I did ask politely! O : )
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r00lish67
Member of DD Central
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Post by r00lish67 on Jan 18, 2018 9:24:33 GMT
Hi puddleduck , We are certainly still looking at introducing a secondary market, however nothing has been confirmed yet so we will keep you updated once we have something in place on our end. Kind regards, Danny Just wanted to echo, will definitely be more interested in Kuflink if an SM is made available. It would also keep investors engaged with the platform when there's currently no new loans Olivia .
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Post by Olivia on Jan 18, 2018 9:59:45 GMT
Hi r00lish67 , Thanks for the feedback. I will pass that on to our directors. In regards to new deals, we currently have 3 deals in the pipeline which are waiting to complete shortly. We are hoping to have these completed and up on the platform within the next week or so. In the meantime, we have our Auto-Invest and IFISA options available offering up 5.35% pa, allowing you to diversify your investment across several different property backed deals. Kind regards, Danny
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Post by Olivia on Jan 22, 2018 17:08:34 GMT
Hi all,
Just to let you know, we have just placed a new deal onto the platform which is now available for you to reserve your investment.
Here is some information regarding the deal:
- 6 month deal offering 7% pa gross
- 1st charge, 70% loan-to-value
- £472,500 total loan amount so £378,000 available for our investors with our 20% stake
- The borrower is an established property developer and investor looking to expand their portfolio
- They will be borrowing funds to purchase a 5 bedroom house and are looking to convert the property into 10 flats
If you have any questions, please let me know.
Kind regards, Danny
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