ric
Member of DD Central
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Post by ric on Feb 20, 2018 22:34:12 GMT
what happened to this property?
i have emails about it being funded in November but now is not on the website anymore. Was not fully funded?
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Post by sayyestocress on Feb 20, 2018 23:39:56 GMT
what happened to this property? i have emails about it being funded in November but now is not on the website anymore. Was not fully funded? They sent investors an email explaining it. Something about vendor not supplying some documentation. Any who it was cancelled and they auto reinvested some Mexborough funds to their two residential properties at the time. You could stop this but had to email them.
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ric
Member of DD Central
Posts: 61
Likes: 35
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Post by ric on Feb 21, 2018 9:55:34 GMT
thanks! they must have sent the email only to investors since I can't find it
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ric
Member of DD Central
Posts: 61
Likes: 35
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Post by ric on Feb 28, 2018 23:54:52 GMT
Exeter, Devon, Hope Court, EX4
has this one failed to complete too?
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Post by sayyestocress on Mar 1, 2018 8:46:26 GMT
Exeter, Devon, Hope Court, EX4 has this one failed to complete too? Once again they sent e-mails to those who had invested in this one. Apparently PP had sufficient feedback that potential investors felt they'd gone back to Exeter too soon, i.e. they wanted location diversity. I'd hazard a guess that this was from some of their big hitters. They cancelled it and transferred people's Exeter investments to the Southampton listing that they put up at the same time as withdrawing Exeter. For the money people had committed to Exeter that was transferred (excluding auto-invest funds), the 7.5% dividend for a year deal was maintained for Southampton. We had the opportunity to cancel this auto allocation just like the Mexborough case.
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