morris
Member of DD Central
Posts: 270
Likes: 154
|
Post by morris on Dec 16, 2020 7:42:45 GMT
1 year money has not been moved to holding account. Still sat there with todays date shown.
|
|
morris
Member of DD Central
Posts: 270
Likes: 154
|
Post by morris on Dec 13, 2020 17:55:13 GMT
They are also proving extremely slow at processing ISA transfer requests. Which is a problem because their ISA is not flexible so you can't withdraw money without losing the ISA wrapper, thus leaving one's free cash exposed to platform failure. I may be forced to keep sending in regular forms to see if by chance one of them actually gets processed. That is very true. First they have to get round to deduct it from the balance and then it is shown as pending withdrawal for a several days.
|
|
morris
Member of DD Central
Posts: 270
Likes: 154
|
Post by morris on Dec 8, 2020 17:24:32 GMT
My November statement has now disappeared.
|
|
morris
Member of DD Central
Posts: 270
Likes: 154
|
Post by morris on Dec 8, 2020 9:32:18 GMT
|
|
morris
Member of DD Central
Posts: 270
Likes: 154
|
Post by morris on Dec 3, 2020 15:59:08 GMT
Loan closed with 73.3% returned to investors after deductions.
|
|
morris
Member of DD Central
Posts: 270
Likes: 154
|
Post by morris on Dec 2, 2020 15:42:01 GMT
Abergele phase 2 for £350,000 on 11 December.
|
|
morris
Member of DD Central
Posts: 270
Likes: 154
|
Post by morris on Nov 24, 2020 10:54:59 GMT
Account total reduced. 23/11/20 0.2%. 24/11/20 0.02% Similar to my experience. I wonder if these reductions are being applied across the board or if it is dependent upon the cohort you are invested in.
|
|
morris
Member of DD Central
Posts: 270
Likes: 154
|
Post by morris on Nov 20, 2020 15:57:17 GMT
Lending Works said in their last update that these deductions would be available on the dashboard in November. Nothing has appeared yet, unless they mean that you maintain records of daily balances to see how they move and make your own conclusions.
|
|
morris
Member of DD Central
Posts: 270
Likes: 154
|
Post by morris on Nov 19, 2020 17:11:12 GMT
Peacocks, one of the two tenants, have gone into administration today.
|
|
morris
Member of DD Central
Posts: 270
Likes: 154
|
Post by morris on Nov 14, 2020 11:34:33 GMT
I won't invest in this on principle. I've been fleeced once with this on FS.
|
|
morris
Member of DD Central
Posts: 270
Likes: 154
|
Post by morris on Nov 10, 2020 7:52:44 GMT
I work on the assumption that the longer new money has been awaiting auto-investment the further up the queue it is. This seems to work for me.
|
|
morris
Member of DD Central
Posts: 270
Likes: 154
|
Post by morris on Oct 19, 2020 9:08:26 GMT
Once the losses have been quantified for P2P investors presumably we will be able to offset losses against other P2P income. Lucky for us, no consolation to bond Investors.
|
|
morris
Member of DD Central
Posts: 270
Likes: 154
|
Post by morris on Oct 4, 2020 6:41:55 GMT
With £50.000 you should get 24.49 prizes a year based on 24,500 to one chances of winning. From December you should get 17.39 prizes a year based on 34,500 to one chances of winning. I always assume £25 prizes. Any more is a very rare bonus.
|
|
morris
Member of DD Central
Posts: 270
Likes: 154
|
Post by morris on Oct 3, 2020 7:28:22 GMT
Valuation of the collection was £300,000. Loan of £102,000. Settlement reached with owner for £60,000. Payment of £43,545 to lenders, 42.7% of loan. Did the wording of the update say "owner" rather than "borrower"? I wonder what are the facts behind CG & Co agreeing to such a settlement. I t does say borrower. It also says the settlement was reached resulting in a higher return than if the items had gone to auction.
|
|
morris
Member of DD Central
Posts: 270
Likes: 154
|
Post by morris on Sept 28, 2020 15:11:07 GMT
Valuation of the collection was £300,000. Loan of £102,000. Settlement reached with owner for £60,000. Payment of £43,545 to lenders, 42.7% of loan.
|
|