jnm21
Posts: 441 
Likes: 166
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SPV 84
Dec 8, 2017 20:37:04 GMT
Post by jnm21 on Dec 8, 2017 20:37:04 GMT
This does of course raise the question of how this got past PM in the first place I think an elephant in a pink tutu could cartwheel past them!
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carolus
Member of DD Central
Posts: 204
Likes: 191
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SPV 84
Dec 14, 2017 18:56:49 GMT
via mobile
Post by carolus on Dec 14, 2017 18:56:49 GMT
Good news! Email they've sent out confirms the error and that an additional payment will be made. The key section is:
"The additional payment of £2,520 will be shared amongst shareholders in relation to shares held. This will take your annual return up to 11.31%, which exceeds our original estimation of 10.15%."
The fact that both the Buy-to-sells that have been sold have exited with decent returns is a definite positive, and I think were a new such opportunity to come along I would look seriously at it, despite having now sold my buy to let portfolio.
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SPV 84
Dec 14, 2017 19:32:24 GMT
via mobile
Post by propertycalf on Dec 14, 2017 19:32:24 GMT
I find this encouraging as I'm still heavily weighted towards the BTL's..
2 Swallows don't make a summer tho!
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carolus
Member of DD Central
Posts: 204
Likes: 191
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SPV 84
Dec 14, 2017 19:48:46 GMT
via mobile
Post by carolus on Dec 14, 2017 19:48:46 GMT
I find this encouraging as I'm still heavily weighted towards the BTL's.. 2 Swallows don't make a summer tho! Agreed, and I'm still concerned about the other buy to sells I'm in, one of which hasn't gone anywhere since it started and the other which seems to have been in the process of something happening for months.
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SPV 84
Dec 15, 2017 8:20:12 GMT
Post by sayyestocress on Dec 15, 2017 8:20:12 GMT
I find this encouraging as I'm still heavily weighted towards the BTL's.. 2 Swallows don't make a summer tho! Agreed, and I'm still concerned about the other buy to sells I'm in, one of which hasn't gone anywhere since it started and the other which seems to have been in the process of something happening for months. Yup and both the BTS going nowhere are in County Durham. The two that did ok were not. There might be a lesson there, though based on an admittedly small sample. I will be investing in future PM BTS opportunities (equity portion) outside of County Durham only.
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damar
Member of DD Central
Posts: 110
Likes: 47
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SPV 84
Jan 2, 2018 20:16:22 GMT
Post by damar on Jan 2, 2018 20:16:22 GMT
Hi, we are collecting names for a PM Action group, please see the PM Action group thread.
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