We hope that you are staying healthy and safe during these times.
In order to stabilise and introduce liquidity to the secondary market, we have made the following change to our Terms and Conditions for Lenders:
8.7 If your secondary market listing is at any time removed by you, you may not list the loan or loan part on the secondary market for 14 days.
This change is effective as of today, 15 April 2020.
This measure is introduced to allow all investors to continue to use the secondary market in a fair manner.
We will soon release a discounting feature, which will allow investors to list their loan or loan parts at a discount to further enhance liquidity on the secondary market. Once this feature is available, it will be communicated accordingly.
The Secondary market sale fee will, once the discounting feature is released, be increased from 0.25% to 0.50% to cover the development costs of the new feature and ongoing administration of the secondary market.
Please let us know if anything is unclear or if you require further clarification. If you have any queries please call us on 0207 406 1491, our lines are open from 9.30am to 5.30pm every working day or email us at email@example.com.
Our blogs are for information purposes only. This content is not financial, legal or tax advice. Should you require any advice in relation to the earnings you make from LandlordInvest we recommend seeking independent professional advice. The information in this blog is correct at the time of posting.