SteveT
Member of DD Central
Posts: 6,875 
Likes: 7,924
|
Post by SteveT on Jan 13, 2017 10:04:17 GMT
I seem to have the full £5k I requested
|
|
boundah
Member of DD Central
Posts: 368
Likes: 430
|
Post by boundah on Jan 13, 2017 10:05:40 GMT
Strange behaviour. 1.5k allocated then snatched back within 2 minutes... And 5m later reallocated but still in the pipeline...
|
|
jcb208
Member of DD Central
Posts: 838
Likes: 638
|
Post by jcb208 on Jan 13, 2017 10:06:23 GMT
I seem to have the full £5k I requested Very surprised I got the 3K I asked for,not sure it is for keeps yet already lost it twice
|
|
|
|
Post by d_saver on Jan 13, 2017 10:28:34 GMT
max allocation 8,500 i think
Question : If the retail guys (which I'm assuming most of us are) get a max allocation, I guess there are others being allocated much bigger chunks outside of retail too? I've noticed this on a few loans. This one for instance, last few transactions, there is one for £18,090.48. Doesn't bother me as I can't invest that much, but I am curious as to who else gets allocated what, if anyone knows?
|
|
ganymede
Member of DD Central
Posts: 304
Likes: 211
|
Post by ganymede on Jan 13, 2017 10:34:52 GMT
I got £8500 allocation, under the total allocation asked for.
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,330
Likes: 11,549
|
Post by ilmoro on Jan 13, 2017 10:46:14 GMT
max allocation 8,500 i think Question : If the retail guys (which I'm assuming most of us are) get a max allocation, I guess there are others being allocated much bigger chunks outside of retail too? I've noticed this on a few loans. This one for instance, last few transactions, there is one for £18,090.48. Doesn't bother me as I can't invest that much, but I am curious as to who else gets allocated what, if anyone knows? Thats not an allocation, thats an SM sale of the residual sum left after it gets divided up amongst the PF requests. SS always allocates to a round figure rather than lenders having odd amounts which always means there's some left over.
|
|
|
|
Post by d_saver on Jan 13, 2017 10:52:56 GMT
max allocation 8,500 i think Question : If the retail guys (which I'm assuming most of us are) get a max allocation, I guess there are others being allocated much bigger chunks outside of retail too? I've noticed this on a few loans. This one for instance, last few transactions, there is one for £18,090.48. Doesn't bother me as I can't invest that much, but I am curious as to who else gets allocated what, if anyone knows? Thats not an allocation, thats an SM sale of the residual sum left after it gets divided up amongst the PF requests. SS always allocates to a round figure rather than lenders having odd amounts which always means there's some left over. Ah, thanks. As I've seen this on a few loans. So if hypothetically you wanted more than the max allocation or did not pre-allocate, you can normally expect some of the loan to be put on the SM at launch (and assuming you had lightening fast fingers  ) maybe get some?
|
|
cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
|
Post by cooling_dude on Jan 13, 2017 11:08:03 GMT
Thats not an allocation, thats an SM sale of the residual sum left after it gets divided up amongst the PF requests. SS always allocates to a round figure rather than lenders having odd amounts which always means there's some left over. Ah, thanks. As I've seen this on a few loans. So if hypothetically you wanted more than the max allocation or did not pre-allocate, you can normally expect some of the loan to be put on the SM at launch (and assuming you had lightening fast fingers ) maybe get some? You really would need 'lightening fast fingers' - it's often gone at next refresh Quick note - £8.5k is large allocation (presumably because it is 11%) - normally for a loan of this size you would be looking at much less (@12%). Just shows what 1% can do
|
|
am
Posts: 1,495
Likes: 601
|
Post by am on Jan 13, 2017 11:30:27 GMT
Ah, thanks. As I've seen this on a few loans. So if hypothetically you wanted more than the max allocation or did not pre-allocate, you can normally expect some of the loan to be put on the SM at launch (and assuming you had lightening fast fingers ) maybe get some? You really would need 'lightening fast fingers' - it's often gone at next refresh Quick note - £8.5k is large allocation (presumably because it is 11%) - normally for a loan of this size you would be looking at much less (@12%). Just shows what 1% can do In this particular case it is cross-collateralised with a number of 12% loans, so the effect of the 1% will be magnified. Unless someone is looking for a longer duration loan, one would expect them to prefer to pick up (if available) parts of the other loans on the SM.
|
|
|
|
Post by d_saver on Jan 13, 2017 12:05:35 GMT
You really would need 'lightening fast fingers' - it's often gone at next refresh Quick note - £8.5k is large allocation (presumably because it is 11%) - normally for a loan of this size you would be looking at much less (@12%). Just shows what 1% can do In this particular case it is cross-collateralised with a number of 12% loans, so the effect of the 1% will be magnified. Unless someone is looking for a longer duration loan, one would expect them to prefer to pick up (if available) parts of the other loans on the SM. Yes, observed this too so expected a larger allocation in this one. My understanding of how it all works is slowly expanding thanks all.
|
|
|
|
Post by d_saver on Jan 13, 2017 13:35:46 GMT
|
|
gurberly
Member of DD Central
Posts: 168
Likes: 98
|
Post by gurberly on Jan 13, 2017 13:47:34 GMT
|
|
arbster
Member of DD Central
Posts: 810
Likes: 426
|
Post by arbster on Jan 13, 2017 13:54:01 GMT
That's the difference between an article trying to persuade people to invest in property, versus an article covering the risks to UK higher education post-Brexit. Of course, they're not mutually exclusive - the (smaller number of) EU students will be feeling much wealthier now, and maybe able to buy and sub-let student accommodation.
|
|
am
Posts: 1,495
Likes: 601
|
Post by am on Jan 13, 2017 14:10:37 GMT
Reports elsewhere are of a fall in overseas applications for Oxbridge places. (There was one on the Yahoo UK Finance home page yesterday.) The source for the prinvest.com article is www.student.com/articles/enquiries-from-european-students-almost-triple-brexit/This is figures from one agency, and may not be representative of the market as a whole. It's also "enquiries", which is not a perfect proxy for "demand". Googling around I've also found reports that applications from prospective European students were delayed last year because of uncertainties about financing - this may have moved enquiries into the period compared from earlier into the year.
|
|
Liz
Member of DD Central
Posts: 2,426
Likes: 1,297
|
Post by Liz on Jan 13, 2017 17:55:49 GMT
Ah, thanks. As I've seen this on a few loans. So if hypothetically you wanted more than the max allocation or did not pre-allocate, you can normally expect some of the loan to be put on the SM at launch (and assuming you had lightening fast fingers ) maybe get some? You really would need 'lightening fast fingers' - it's often gone at next refresh Quick note - £8.5k is large allocation (presumably because it is 11%) - normally for a loan of this size you would be looking at much less (@12%). Just shows what 1% can do 2300 mugs(with cecil the cat on(platform joke)) The big investors are ditching SS; why invest @ 11%, when you can get 13.5-17% on FS? The new "investors" must think the PF can pay out in full, with multiple defaults, it can't. SS is now for the micro-investor that doesn't answer back.
|
|
) maybe get some?
