New feature - share lending - Impacts?

🤝 Help
22

Same basic question : I can’t see where I can enabled / disable this feature…

23

WakeMeUp - The Instrument lending details can be accessed via the “Details” button in the Lending info section.

Bibi - If the feature is off, you can tap the opt-in button. If you have already enabled it, you will see a “Disable lending” button in the “Overview” tab.

24

Sorry your explanation makes no sense to me whatsoever. What “details” button. What platform are you talking about web or mobile? Is it only invest or invest + isa accounts? What “Overview” tab? What “opt-in” button where?

25

Sorry about that, let’s try again.

ISA shares are not lent out - I was referring to the Invest accounts on mobile. If the feature has been rolled out on your account, you will see a “Earn interest” tab in the “More menu”. See screenshot:

image (86)

The Instrument lending details section I was referring to in my previous post can be accessed through the “More details” button seen below:

image (87)

And here’s a screenshot of the “Disable lending” button in the “Overview” tab.

image

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26

OK that makes more sense now. Thank you

I try to avoid using the mobile app. Also having quickly looked it doesn’t appear on my mobile so I guess it hasn’t been rolled out to me yet. At least I now know what to look out for

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27

I can’t figure out which menu you are referring to.
Is it on the App ? In which section / menu ?

28

I suspect the feature is not live on your account. Otherwise, when using the mobile app, you should see the “earn interest on shares” dashboard when you tap on the ‘more menu’ (the 3 horizontal lines in the bottom right). See the first screenshot I shared above.

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29

I only ‘Earn interest on cash’.
But no ‘Earn interest on shares’, yet

30

Is the share lending visible on the web version, cant find it?

31

As @KrisG mentioned above, the feature is not available to your account yet. Once it is, it’d be found in the “more menu”.

If the feature is live on your account, it should be visible in the Menu section at the top right corner. Otherwise, the feature is yet to come to your account :v:

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32

Does the interest roll over if it doesn’t make it to 1p. Like earn interest on Cash?

Or if you don’t qualify for the minimum payment, is that interest “lost”?

33

It will either be rounded to the nearest decimal or paid out as it is. In any case, no payment will be “lost”, as you’ve put it.

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34

Nice update. Hope to see it on my account soon and check it out for myself.

35

How are you finding it? is it worth trying? do you feel secure doing it?

36

@Michael.M ; @KrisG , could T212 create a page with all the stocks that are lent and their APY, besides the existing Top 10 “Most borrowed”? :wink:

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37

How are you finding it?

Great

is it worth trying?

Yes but you don’t get much choice except to say you agree. They lend out whatever they like and might not lend out anything of yours.

do you feel secure doing it?

Extremely. I wish they would lend out all my shares instead of just a few right now.

38

They are all up for lending, but not every share is being borrowed.

39

That’s an interesting suggestion :bulb: I’ll share it with the team to see what we can do.

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40

In the app under share lending overview it says “lent shares” not “borrowed shares”

I suppose it’s just a terminology thing. Under “lent shares” it lists the borrowed shares as to be lent shares they must be borrowed.

41

I’ve lent roughly £100 a day and earned 1p over the past 6 days. I’m not concerned about it. It’s a great feature that will get better the more I use it but is that correct!?