If you read the info provided it states that there has been some delay/s due to remedial ? work to adjoining properties. As I read it full planning permission wasn't granted until 09/02/17 but with conditions..maybe those conditions have contributed to the delay ?
EDIT As usual I made a mistake in the above..the application was made on the 09/02/17..the Decision to approve (with conditions) was made 28/06/17 so maybe there is some validity in my original post regarding delays
The revised full planning application was granted in June with conditions. Two subsequent applications to discharge the conditions are still under consideration. Links to the planning applications are on DD Central, along with a link to the borrower's corporate website which has details of all three projects FS are funding (this, plus 'Anfield Property' and 'Everton B***' )
Disclosure: I'm a shareholder in Assetz Capital Limited
In the original loan the facility was 1,810,000 now it is 1,180,000...
here we go again...
I know we joke about this, but in my short time with FS I have seen error after error in the loan descriptions. Given there are large amounts of money involved here I'm amazed it isn't taken more seriously by FS