snowmobile
Member of DD Central
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Post by snowmobile on Oct 24, 2017 14:48:28 GMT
I really like the Liverpool loan & noticed it's now at £50k on SM. MH is selling fast after today's update....you couldn't give it away yesterday! Still increasing! Is this a new panic of the day? I'm confused Perhaps lender sentiment changes on the basis of 'no news is bad news'. That certainly seems to have been the case recently.
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fogey
Posts: 171
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Post by fogey on Oct 24, 2017 15:01:44 GMT
May just be someone clearing out their overinvestment ... (started doing this yesterday) this loan was very popular at launch, rather like Lancs Park but then some peeps couldn't wait at all to get shut of it and that took ages to clear !
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victors
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Post by victors on Oct 24, 2017 15:09:34 GMT
I'm selling £28000 to fund a new house purchase in a few weeks time.
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zendog
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Post by zendog on Oct 24, 2017 15:09:38 GMT
All 4 tranches of Prestbury has moved from SM to completed loans! Hmmmm......wonder what the update will say?
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victors
Member of DD Central
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Post by victors on Oct 24, 2017 15:55:04 GMT
That's just to pay the stamp duty and solicitors I'm afraid.
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fogey
Posts: 171
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Post by fogey on Oct 24, 2017 16:14:16 GMT
I really like the Liverpool loan & noticed it's now at £50k on SM. MH is selling fast after today's update....you couldn't give it away yesterday! Still increasing! Is this a new panic of the day? I'm confused Yes indeed ...... the market suspension has worked miracles here ... Here at the top of the availabilities is the latest Panic of the Day !!!
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gustapher
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Post by gustapher on Oct 24, 2017 16:25:52 GMT
What does market suspended during rollover mean?
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treeman
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Post by treeman on Oct 24, 2017 16:28:30 GMT
Still increasing! Is this a new panic of the day? I'm confused Yes indeed ...... the market suspension has worked miracles here ... Here at the top of the availabilities is the latest Panic of the Day !!!
That panic is clearly contagious - north of 160k now
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Post by Deleted on Oct 24, 2017 16:30:52 GMT
What does market suspended during rollover mean? They are processing the default of the P*******y loans, which seems to mean they have to suspend the markets. Their rep talks about having tech issues during the process on the relevant thread, which is probably why it is taking so long.
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Post by Deleted on Oct 24, 2017 16:31:48 GMT
But yes, a little more warning and clarity would be nice.
Nothing like a vague, esoteric message like that during peak operation hours to add to user panic...
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fogey
Posts: 171
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Post by fogey on Oct 24, 2017 16:34:00 GMT
What does market suspended during rollover mean? Well it looks as if all the sell/buy orders have just stacked up as they have not been actioned so all the data is truly bananas right now !!
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elliotn
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Post by elliotn on Oct 24, 2017 16:40:13 GMT
I'm selling £28000 to fund a new house purchase in a few weeks time. Not good timing, hope you get it out in time, are you using shorter dated funds for the actual purchase?
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victors
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Post by victors on Oct 24, 2017 16:48:16 GMT
Yes it's OK, I have the money for the house, it's just the extras I'm selling for.
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mary
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Post by mary on Oct 24, 2017 16:59:06 GMT
Defaults now over 10% of the live loan book clearly spooking people!
Be careful out there!
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elliotn
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Post by elliotn on Oct 24, 2017 17:02:05 GMT
Halloween, it's that time of year.
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