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Post by mrclondon on Nov 12, 2019 16:04:11 GMT
Loan has been defaulted on the website.
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Post by overthehill on Jul 9, 2021 14:23:31 GMT
The sale of the property by receivers completed on 8 June 2021 for the sum of £279,000, and funds have been received. These funds are held accordingly, and a breakdown of costs will be provided in due course.
62% recovery before any costs deducted. All the properties including the other two mentioned today are going to struggle to beat 50% capital loss.
The vultures are having a field day or year or two.
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mah
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Post by mah on Jul 17, 2021 18:58:26 GMT
Wasn't the Loan for 750K, meaning 62.8% Loss ?
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Post by overthehill on Jul 17, 2021 19:12:57 GMT
450k according to my spreadsheet but I haven't logged in to the site to verify.
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iRobot
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Post by iRobot on Jul 17, 2021 19:12:58 GMT
Wasn't the Loan for 750K, meaning 62.8% Loss ? No. Fortunately(?), this one was 'only' £450k. ( Top Tip! - there's a handy table or two with dates and amounts on the mrclondon thread in DDC which outlines most - maybe all - of the loans that were / are outstanding.)
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mah
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Post by mah on Jul 17, 2021 19:20:19 GMT
That's really handy - thanks a lot.
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pfffill
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Post by pfffill on Jul 25, 2021 2:53:33 GMT
Wasn't the Loan for 750K, meaning 62.8% Loss ? No. Fortunately(?), this one was 'only' £450k. ( Top Tip! - there's a handy table or two with dates and amounts on the mrclondon thread in DDC which outlines most - maybe all - of the loans that were / are outstanding.)Can anyone provide a link as to how to join DD Central and view the above mentioned table? Thanks.
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Post by Ace on Jul 25, 2021 9:05:59 GMT
No. Fortunately(?), this one was 'only' £450k. ( Top Tip! - there's a handy table or two with dates and amounts on the mrclondon thread in DDC which outlines most - maybe all - of the loans that were / are outstanding.)Can anyone provide a link as to how to join DD Central and view the above mentioned table? Thanks. p2pindependentforum.com/post/243250/thread is a link to how to join DD Central.
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pfffill
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Post by pfffill on Jul 25, 2021 9:38:01 GMT
Tip o'the hat.
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michaelc
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Post by michaelc on Jul 25, 2021 20:00:12 GMT
Just gotta hope there are some admins still knocking around to approve it !
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