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HLnot selling new Lendinvest Retail Bond at launch
Hilary hames
Posted: 21 July 2017 18:30:31(UTC)
#1

Joined: 20/02/2011(UTC)
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Lendinvest have issued a 5.25 percent ORB Retail Bond. It will sell out quickly quite likely as have other retail bonds recently.
Hargreaves Landsdown have decided not to participate in the IPO so unless investors who use that platform set up an account elsewhere, e.g. Interactive Investor, it isn't possible to buy at launch as the bond has to be in a nominee account. Can anyone else who this affects drop an email to HL? They have been known to change their minds.
Thanks. Hilary
JamesD
Posted: 22 July 2017 09:17:29(UTC)
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Joined: 22/07/2017(UTC)
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Hi Hilary - whatever was stopping HL seems to have been sorted out. Looks like they're now taking orders.
1 user thanked JamesD for this post.
Hilary hames on 24/07/2017(UTC)
Hilary hames
Posted: 24 July 2017 19:27:58(UTC)
#3

Joined: 20/02/2011(UTC)
Posts: 98

Thanks: 216 times
Was thanked: 23 time(s) in 16 post(s)
Thank you so much James. I wrote a complaining email over w/e to HL and got a reply saying that they were now dealing in this bond on an ad hoc basis in response to investor interest. So have managed to invest £3000 today. The charge is one percent with a max of Fifty pounds.
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