michaelc
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Post by michaelc on Jan 21, 2019 21:39:56 GMT
Anyone know why 1347 which started on Dec 4, is not sellable and interest is being rolled? There are no updates for that loan either.
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michaelc
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Post by michaelc on Jan 23, 2019 17:12:07 GMT
Well, I sent an email a couple of days ago and no reply as yet.  |
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Steerpike
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Post by Steerpike on Jan 23, 2019 17:32:56 GMT
The property is on Rightmove for £825k and seems not to be under offer so no clues there.
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Greenwood2
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Post by Greenwood2 on Jan 23, 2019 20:44:27 GMT
Wait for the February update?
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michaelc
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Post by michaelc on Jan 23, 2019 23:14:51 GMT
Just to add after sending a gentle chaser (a 1 liner asking when they might be able to reply....) I got an immediate reply from L who said she is waiting for a reply. So no big deal on the comms front and look forward to the update in due course....
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michaelc
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Post by michaelc on Jan 24, 2019 17:20:33 GMT
I've been told it was due to the borrower not realising he needed to service monthly interest payments. He has now paid this month and that has been past on. However, the loan is still not available to sell on the sm. Does anyone know if most loans require the borrower to service the loan with repayments each month? And in general, does that mean if payments are made to the lender on a given month for a given loan does that mean the borrower has been well-behaved? Don't all shout at once  |
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