toffeeboy
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Post by toffeeboy on Apr 18, 2018 18:12:00 GMT
on MT platform website: "Updates 08/03/2018 We will be paying lenders the retained interest held on account when it falls due. We do have some technical development to do to make this possible, so lenders may have to bear with us for a short time while we resolve that. The retained amount is only sufficient to pay out at standard rate and not at default rate and so a partial payment will be made." Well, that's a start It would be if that wasn't dated over a month ago and we are still waiting.
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ptr120
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Post by ptr120 on Apr 24, 2018 9:17:18 GMT
The remaining retained interest has now been paid - it took a while!
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elliotn
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Post by elliotn on Apr 24, 2018 9:35:32 GMT
Cheers MT
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coop
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Post by coop on Jul 21, 2018 7:32:41 GMT
is the condition of the development still of relevance? i can pop and take a look if so...
let me know if this is of any use.
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coop
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Post by coop on Jul 23, 2018 12:30:47 GMT
sorry guys... First picture is the gate the others are me holding my phone through the gate. does a panoramic if you piecethem together. just not a pretty one. imgur.com/gallery/TBej1oS
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keystone
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Post by keystone on Aug 1, 2018 19:47:39 GMT
MoneyThing did the exchange complete in July or has it fallen through?
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Aug 9, 2018 0:17:49 GMT
Update on site. Just waiting for council sign off before sale completes.
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coop
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Post by coop on Aug 13, 2018 9:03:35 GMT
Update on site. Just waiting for council sign off before sale completes. Wow, I take it they're not paying much considering it's basically a pile of rubble?
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GeorgeT
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Post by GeorgeT on Sept 7, 2018 15:26:05 GMT
Exchange & completion likely to take place on Monday or Tuesday (10th or 11th).
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debaura
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Post by debaura on Sept 7, 2018 17:48:41 GMT
Exchange & completion likely to take place on Monday or Tuesday (10th or 11th). If that happens and I get 100% + interest back following, MT for me will be back in my OK books, and I will be re-investing.
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SteveT
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Post by SteveT on Sept 7, 2018 17:51:57 GMT
Exchange & completion likely to take place on Monday or Tuesday (10th or 11th). If that happens and I get 100% + interest back following, MT for me will be back in my OK books, and I will be re-investing. I suggest you read the update from 13th June
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wuzimu
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Post by wuzimu on Sept 7, 2018 20:15:42 GMT
Would anybody like to see a picture of the site?
As I cycled past there a few days ago
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hazellend
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Post by hazellend on Sept 7, 2018 20:20:45 GMT
Would anybody like to see a picture of the site?
As I cycled past there a few days ago I presume it’s just rubble or a derelict site give they haven’t started building yet. Doesn’t really matter.
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wuzimu
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Post by wuzimu on Sept 7, 2018 20:25:01 GMT
Yeah I just spotted coop took some photos end of July. Mine look exactly the same so nothing has changed. Site is a nice plot very close to the Uni though, will be a good project for somebody.
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Post by westcountry on Sept 12, 2018 10:18:10 GMT
MoneyThing, the latest update on this loan was "We apologise for the slight delay, however we have been advised that exchange & completion will likely take place on Monday or Tuesday". As it is now Wednesday, and no further update has been provided, please could you let lenders such as me know if the exchange has completed, please? And if not what is the cause of the delay?
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