SteveT
Member of DD Central
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Post by SteveT on Dec 5, 2016 16:24:15 GMT
stevefindlay, I saw your post in a General Discussion thread about the good relationship between BondMason and MoneyThing. Assuming the MT loans you're investing in are the same as those available direct to MT customers, which generally have a pretty restrictive bid limit per lender, what level of allocation does BondMason enjoy (eg. in terms of X times the MT direct lender bid limit)? Thanks
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Post by stevefindlay on Dec 5, 2016 17:00:35 GMT
We don't have a preferential bid limit (we wouldn't think it would be fair to ask for one). We bid like everyone else at 4pm. Although, we have a few people doing this activity, which hopefully puts us in a pretty good position to get the allocations we are after.
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Post by sayyestocress on Dec 6, 2016 9:02:42 GMT
We don't have a preferential bid limit (we wouldn't think it would be fair to ask for one). We bid like everyone else at 4pm. Although, we have a few people doing this activity, which hopefully puts us in a pretty good position to get the allocations we are after. With bid limits often no larger than a few hundred quid on MT, is it fair to say then that only a handful BM customers will actually have any money in any one particular MT loan? (perhaps excluding later tranches of the big loans that move slowly as people may have hit their personal limit in earlier tranches) And for an amount in the tens of pounds? After seeing BM were using MT I was considering having a look through my current BM loans to see if I could match them to loans I got directly through MT. Now I don't think I'll bother as I doubt I would be exposed beyond my personally set limits 
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Post by stevefindlay on Dec 6, 2016 9:24:27 GMT
FYI - We have 6% of our total allocation with MoneyThing.
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