Steerpike
Member of DD Central
Posts: 1,977 
Likes: 1,687
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Post by Steerpike on Dec 10, 2016 17:30:57 GMT
This one is flying off the shelves, much faster than I expected, over 80% gone now, get 'em while they're hot.
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scc
Member of DD Central
Posts: 214
Likes: 163
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Post by scc on Dec 10, 2016 19:48:35 GMT
I suspect it is because of a number of projects made a repayment yesterday and so freed up some cash for abundance users to spend. Certainly true in my case - and also I find new funding new projects rather than refinancing more appealing. Probably also been some pent-up demand for projects as well. The secondary market has been rather buoyant in recent months when there were no projects open.
And the previous wind 1 year bond also sold very quickly. Both have had high headline grabbing rates and short terms.
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Post by brokenbiscuits on Dec 11, 2016 11:07:29 GMT
Praise indeed! I assumed that this sector had been killed off by Amber Rudd so I don't usually look here. But it seems I ought to have paid attention earlier. Would someone with experience here care to remark on the long term performance of this platform? The platform is not just one man, but have a look at the team behind abundance and you will see Bruce Davis; co founder of zopa the oldest p2p platform. This doesn't guarantee long-term success but for me adds confidence.
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Steerpike
Member of DD Central
Posts: 1,977
Likes: 1,687
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Post by Steerpike on Dec 12, 2016 15:58:19 GMT
All gone, £3.9m in 10 days, not bad.
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treeman
Member of DD Central
Posts: 1,026
Likes: 557
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Post by treeman on Dec 12, 2016 16:18:26 GMT
All gone, £3.9m in 10 days, not bad. Yep, pretty good! Glad I got it together this morning and grabbed a slice - a new home for the newly-rescued LC funds 
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Post by justdabbling on Dec 14, 2016 10:37:27 GMT
Yep, pretty good! Glad I got it together this morning and grabbed a slice - a new home for the newly-rescued LC funds We've all done our £bit so it's over to the engineers to do theirs.  Glad I grabbed my slice too especially as it is in a transferred old has-been cash ISA so returns will be tax free.
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