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Post by sirkillalot on Jan 25, 2018 15:33:53 GMT
Can only hope for a big payment soon to unblock the SM - otherwise this could take a while to free up. On the plus side at least you are still earning interest when your loan is up for sale.
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Post by davids on Jan 27, 2018 19:13:18 GMT
And nearly £100K already on the SM make that 202k as of today!
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liso
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Post by liso on Apr 5, 2018 15:11:42 GMT
Can you please confirm that the missives on one of the pubs have concluded ?
Last month we were told that the missives were expected to be signed by mid-March. Today's update does not mention it. MoneyThing SophieThing
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Post by MoneyThing on Apr 5, 2018 15:50:12 GMT
Can you please confirm that the missives on one of the pubs have concluded ?
Last month we were told that the missives were expected to be signed by mid-March. Today's update does not mention it. MoneyThing SophieThing Afternoon liso. There was some legal issues which were being worked through and have now been resolved. The borrower is confident that the missives will be signed imminently. Regards, Ed.
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jlend
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Post by jlend on Apr 7, 2018 14:28:33 GMT
Hi MoneyThingWould it be possible in the next update to get an idea if any interest has been forthcoming on the rest of the pubs? The updates to date have covered two of the pubs Thanks
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jlend
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Post by jlend on Apr 23, 2018 6:24:46 GMT
Can you please confirm that the missives on one of the pubs have concluded ?
Last month we were told that the missives were expected to be signed by mid-March. Today's update does not mention it. MoneyThing SophieThing Afternoon liso. There was some legal issues which were being worked through and have now been resolved. The borrower is confident that the missives will be signed imminently. Regards, Ed. Hi SophieThingDid the missives get signed? Thanks
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sussexlender
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Cheat seeking missile
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Post by sussexlender on May 2, 2018 12:25:32 GMT
Please can we have an update as to time scale for the signing of the first missive?
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archie
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Post by archie on May 2, 2018 14:58:06 GMT
Please can we have an update as to time scale for the signing of the first missive? Update on site.
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jlend
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Post by jlend on May 4, 2018 9:20:24 GMT
Hi MoneyThing Would it be possible in the next update to get an idea if any interest has been forthcoming on the rest of the pubs? The updates to date have covered two of the pubs Thanks Hi MoneyThingAny chance of this in the next update? We seem to have gone down to an update on only one of the pubs now. Are they being actively marketed now the loan has been in place for some time? Thanks
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ptr120
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Post by ptr120 on May 18, 2018 17:07:46 GMT
update on the site that the sale of one pub is due to complete shortly which will partly repay this loan leaving it as sub 50% LTV - hopefull this will help clear the SM queue a little.
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liso
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Post by liso on May 31, 2018 13:28:15 GMT
Positive update on the platform. First sale to complete very soon.
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copacetic
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Post by copacetic on Jun 1, 2018 11:35:21 GMT
I suspect that SM availability on this one is going to change very rapidly if the partial repayment goes though without any hitches.
1. Everyone's holding is suddenly halved so those who were holding the amount they wanted (say those holding the 65% of the loan that hasn't been put on the SM) become buyers
2. The LTV plummets making the loan more desirable
3. Everyone who is in the queue just to transfer their holding to their ISA/save a place in the queue suddenly make their transers/cancel. I expect MT will actually repay the whole loan and create a new ID for the remaining part like they have in the past which probably means the sales queue will actually be wiped.
I guess now is the time to increase your holding to about twice what you want to hold provided you have confidence in the repayment in a week or so.
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ilmoro
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'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 Jun 1, 2018 11:54:32 GMT
I suspect that SM availability on this one is going to change very rapidly if the partial repayment goes though without any hitches.
1. Everyone's holding is suddenly halved so those who were holding the amount they wanted (say those holding the 65% of the loan that hasn't been put on the SM) become buyers
2. The LTV plummets making the loan more desirable
3. Everyone who is in the queue just to transfer their holding to their ISA/save a place in the queue suddenly make their transers/cancel. I expect MT will actually repay the whole loan and create a new ID for the remaining part like they have in the past which probably means the sales queue will actually be wiped.
I guess now is the time to increase your holding to about twice what you want to hold provided you have confidence in the repayment in a week or so.
Goddam, another cunning secret plan blown. Now Im going to have to interrogate the pig to find out if he leaked. Where's the instrument of devillish torture ... a nice red apple.
Oh, lent it to the Wicked Queen ... will have to be the Sage & Onions instead then
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spareapennyor2
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Post by spareapennyor2 on Jun 12, 2018 11:51:29 GMT
Partial repayment now made
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ding
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Post by ding on Jun 12, 2018 12:30:01 GMT
Excellent news. Now LTV is 48%. Reinvested back into the loan. Looks like everyone shares my view with 22k remaining.
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