guff
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Post by guff on Jul 31, 2017 15:11:01 GMT
Currently, loan parts purchased on the PM WILL receive CB, even if put up for sale on the SM after purchase on the PM Not impressed if true. UPDATE:Currently, loan parts purchased on the PM WILL receive CB, even if put up for sale on the SM after purchase on the PM True. Not at all impressed.
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Post by Collateral Rep on Jul 31, 2017 15:20:50 GMT
Hi stevio , In the future you will not be able to sell loan parts until the Primary Market is full. We have always been clear that loan parts bought during the Secondary Market do not receive cashback. Many thanks, Gordon UPDATED FOR CLARITY |
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Post by Collateral Rep on Jul 31, 2017 16:38:30 GMT
Evening,
There seems to be some confusion on cashback. So to clarify.
Any purchase made whilst the Primary Market is active receives cashback, regardless if you put it up for sale, (however this will change in the future as you won't be able to sell until the loan is full).
Any purchase made whilst the Secondary Market is active, does not receive cashback.
Many thanks,
Gordon
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madpierre
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Post by madpierre on Jul 31, 2017 18:09:42 GMT
Evening, There seems to be some confusion on cashback. So to clarify. Any purchase made whilst the Primary Market is active receives cashback, regardless if you put it up for sale, (however this will change in the future as you won't be able to sell until the loan is full). Any purchase made whilst the Secondary Market is active, does not receive cashback. Many thanks, Gordon Amen. That's how it should be and now is...or will be presently 
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Post by Collateral Rep on Aug 2, 2017 8:52:04 GMT
Morning,
Just to let you know, this loan has now been drawn down and cashback will be applied to investors accounts who purchased during the Primary Market tomorrow morning.
Many thanks for all your support,
Gordon
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seeingred
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Post by seeingred on Aug 7, 2017 20:43:29 GMT
And in the cold light of day the SM on this loan is static and going almost nowhere. Anyone who bought expecting a quick (or any) sale of their loan parts is going to be in for a long wait.
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hazellend
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Post by hazellend on Aug 7, 2017 22:36:57 GMT
Anyone who bought expecting a quick (or any) sale of their loan parts is going to be in for a long wait. Hopefully they will learn a valuable lesson.
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fp
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Post by fp on Aug 8, 2017 6:10:16 GMT
And in the cold light of day the SM on this loan is static and going almost nowhere. Anyone who bought expecting a quick (or any) sale of their loan parts is going to be in for a long wait. Do I sense an air of regret?
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Post by pedz14 on Aug 8, 2017 8:26:32 GMT
This is one of the reasons why I won't invest in these CB loans. Kills the SM, so little chance to get out if for whatever reason I need to sell in a hurry.
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seeingred
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Post by seeingred on Aug 8, 2017 13:11:21 GMT
And in the cold light of day the SM on this loan is static and going almost nowhere. Anyone who bought expecting a quick (or any) sale of their loan parts is going to be in for a long wait. Do I sense an air of regret? More expectation than regret, but also the reason I don't want a pair of them.
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fp
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Post by fp on Aug 12, 2017 7:29:59 GMT
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elliotn
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Post by elliotn on Aug 12, 2017 9:39:02 GMT
If this doesn't help de-list some of the c1/4 of the loan losing interest every day up for sale then nothing will!!
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agent69
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Post by agent69 on Aug 12, 2017 10:41:19 GMT
1 excavator, 1 dumper and 1 workman without his hard hat on. This could take a while.
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hazellend
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Post by hazellend on Aug 12, 2017 10:51:08 GMT
I like these CB loans so far, especially when I can see the borrower is using the money to build!
The tax free CB is the best, but I like the fact that the loan is derisked quite a bit by ranking ahead of future development finance loans.
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Steerpike
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Post by Steerpike on Aug 12, 2017 10:56:05 GMT
1 excavator, 1 dumper and 1 workman without his hard hat on. This could take a while. Particularly if he spends all his time playing Candy Crush!
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