stevio
Member of DD Central
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Post by stevio on Mar 21, 2017 8:30:14 GMT
Just wondering who's used this for their chosen spot for their ISA money this year?
If so, what made you decide on this platform?
Are there any concerns?
- with the age of the platform
- loan diversity
- anything else
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phil
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Post by phil on Mar 22, 2017 21:38:30 GMT
Just wondering who's used this for their chosen spot for their ISA money this year? If so, what made you decide on this platform? Are there any concerns? - with the age of the platform - loan diversity - anything else I'd quite happily use this platform for my IFISA except there's only two weeks to go and it doesn't look like there's anything on the platform to invest in. I don't know where to open one, if you got any ideas please let me know. Edit: I was thinking of the latest PropertyCrowd bond at 10.2%. but reluctant to put £15k into a single invesment and I don't know if they'll get another bond out befor end of tax year.
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pom
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Post by pom on Mar 22, 2017 22:24:48 GMT
Just wondering who's used this for their chosen spot for their ISA money this year? If so, what made you decide on this platform? Are there any concerns? - with the age of the platform - loan diversity - anything else I'd quite happily use this platform for my IFISA except there's only two weeks to go and it doesn't look like there's anything on the platform to invest in. I don't know where to open one, if you got any ideas please let me know. Edit: I was thinking of the latest PropertyCrowd bond at 10.2%. but reluctant to put £15k into a single invesment and I don't know if they'll get another bond out befor end of tax year. If you're that uncertain then given there's so little time left rather than rush into something you may potentially regret later, why not bung it all in a cash ISA (or put a smaller amount in an IFISA and the rest in a cash ISA) and then transfer it into potentially more than one IFISA after Apr 6th.
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phil
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Post by phil on Mar 23, 2017 6:28:07 GMT
pomThat's a good idea, thanks, I will do that. I didn't know that I could open a cash ISA now then transfer into several different IFISA providers after 6th April.
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pom
Member of DD Central
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Post by pom on Mar 23, 2017 7:31:32 GMT
pom That's a good idea, thanks, I will do that. I didn't know that I could open a cash ISA now then transfer into several different IFISA providers after 6th April. Obviously there is the slight caveat that not all IFISAs have been accepting transfers from launch and it may be a bit slower/more complex process than paying in new money, but there's no reason why it shouldn't work, and the choice of IFISAs just keeps growing. You might need to double check that both parties will allow/accept partial transfers (tho I would hope in this day and age that would be standard), but you won't be any worse off than you are now trying to choose just one.
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tarq
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Post by tarq on Apr 6, 2017 8:33:15 GMT
Have any of these loans paid any interest yet?
After a FS mess, I'm wary of investing with no monthly interest payments.
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fp
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Post by fp on Apr 9, 2017 22:01:04 GMT
Have any of these loans paid any interest yet? After a FS mess, I'm wary of investing with no monthly interest payments. First one due to pay tomorrow (10/4)
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ben
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Post by ben on Apr 9, 2017 22:21:13 GMT
Have any of these loans paid any interest yet? After a FS mess, I'm wary of investing with no monthly interest payments. Looking at the latest loan it stated that interest was withheld so the borrower does not get the full amount unlike on FS. So for a 70% LTV loan the loan they may be the same but the borrower recieves more on FS then they would here.
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fp
Posts: 1,008
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Post by fp on Apr 10, 2017 11:20:23 GMT
Have any of these loans paid any interest yet? After a FS mess, I'm wary of investing with no monthly interest payments. Interest is held on account, the first loan to go live has paid out this morning on the planned date.
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tarq
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Post by tarq on Apr 13, 2017 19:26:10 GMT
How long does it take to open an IFISA, IE: before it can be funded?
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fp
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Post by fp on Apr 16, 2017 14:59:12 GMT
How long does it take to open an IFISA, IE: before it can be funded? Pretty much instantaneous from memory
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tarq
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Post by tarq on Apr 19, 2017 12:23:39 GMT
Ok, ready to go, now where are all the loans?.....  LI anything in the pipeline? |
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Post by Deleted on Apr 19, 2017 17:41:24 GMT
Ok, ready to go, now where are all the loans?..... LI anything in the pipeline? Hi tarq. Thank you for opening an ISA with us. A new loan will likely be made available for investment tomorrow. Lenders will receive an email once it goes live.
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spyrogyra
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Post by spyrogyra on Apr 21, 2017 9:26:18 GMT
I don't know what's wrong, but I thought I should let other investors know. First, their landline goes to voicemail after 30 sec. That's all the time, at least from yesterday morning. I resorted to send an email asking a question about an allocation of funds. No answer for 24 hours. They should do better, especially being a new platform.
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Post by Deleted on Apr 21, 2017 9:38:41 GMT
I don't know what's wrong, but I thought I should let other investors know. First, their landline goes to voicemail after 30 sec. That's all the time, at least from yesterday morning. I resorted to send an email asking a question about an allocation of funds. No answer for 24 hours. They should do better, especially being a new platform. Hi spygora. We had some issue with our switch board, hence the issue affecting people trying to call us. I can confirm that we have received your email and are looking into the matter.
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