Post by savingstream on Dec 19, 2014 11:48:00 GMT
Dear Investor,
Merry Christmas to all our investors. As a little Christmas present from Saving Stream we are pleased to announce a new feature which many of you have requested. You can now generate a Tax Statement for any date range you wish. This new feature can be found under the 'Account' menu.
Existing Loans
PBL 3 – Repaid and settled in full.
PBL 4 – Loan extended until end of Feb.
PBL 5 – No change from last week.
PBL 6 – No change from last week.
PBL 7 – No change from last week.
PBL 8 – No change from last week.
PBL 10 – No change from last week.
PBLs 11/12/13 – GRANT OF PROBATE RECEIVED. Aiming for a completion the week of the 5th Jan.
PBL 14 – No change from last week.
PBL 15 – No change from last week.
PBL 16/17/18 – Aiming for a completion the week of the 5th Jan.
PBL 19 – Aiming for a completion the week of the 5th Jan.
PBL 20 – Garden centre near Petersfield/Guildford. Went live this week, over £600k invested in first 24 hrs. Aiming for a completion the week of the 5th Jan.
Pipeline Loans
1st Charge over B2L property on Talbot Rd, Southsea, Portsmouth, Hants. Borrower needs funds for further property purchases to add to his portfolio. Deal agreed, solicitors instructed. Moving forward. Will be listed on the platform next week for £119k with a value of £170k.
1st charge over a commercial premises in Emsworth, Hants. Investor buying a restaurant with resi uppers in this pleasant waterside town. Will tidy, gain planning for additional resi and retain the commercial.
Bridgewater Gateway – Delayed until New Year.
Farm in South Wales, parents died, daughter to buy her sister out. Value £1m, loan for c £550/600k 6 months.
Pub in Southsea being bought out of auction c£220k, loan c£150k. Gain planning on resi uppers, retain commercial elements below with new tenant.
Land in Bedford with potential worth £1m, loan c£700k. Existing client; strong PG. Potential PDRs for resi.
Land in Wales with planning for over 50 residential care home units. £700k value.
Large hotel in Hartlepool. New acquisition. £1m loan against £1.5m purchase.
We will not be sending a weekly update next Friday (Boxing Day) due to the holiday period.
Thank you for investing in Saving Stream in 2014 and we wish you all a prosperous New Year.
Merry Christmas to all our investors. As a little Christmas present from Saving Stream we are pleased to announce a new feature which many of you have requested. You can now generate a Tax Statement for any date range you wish. This new feature can be found under the 'Account' menu.
Existing Loans
PBL 3 – Repaid and settled in full.
PBL 4 – Loan extended until end of Feb.
PBL 5 – No change from last week.
PBL 6 – No change from last week.
PBL 7 – No change from last week.
PBL 8 – No change from last week.
PBL 10 – No change from last week.
PBLs 11/12/13 – GRANT OF PROBATE RECEIVED. Aiming for a completion the week of the 5th Jan.
PBL 14 – No change from last week.
PBL 15 – No change from last week.
PBL 16/17/18 – Aiming for a completion the week of the 5th Jan.
PBL 19 – Aiming for a completion the week of the 5th Jan.
PBL 20 – Garden centre near Petersfield/Guildford. Went live this week, over £600k invested in first 24 hrs. Aiming for a completion the week of the 5th Jan.
Pipeline Loans
1st Charge over B2L property on Talbot Rd, Southsea, Portsmouth, Hants. Borrower needs funds for further property purchases to add to his portfolio. Deal agreed, solicitors instructed. Moving forward. Will be listed on the platform next week for £119k with a value of £170k.
1st charge over a commercial premises in Emsworth, Hants. Investor buying a restaurant with resi uppers in this pleasant waterside town. Will tidy, gain planning for additional resi and retain the commercial.
Bridgewater Gateway – Delayed until New Year.
Farm in South Wales, parents died, daughter to buy her sister out. Value £1m, loan for c £550/600k 6 months.
Pub in Southsea being bought out of auction c£220k, loan c£150k. Gain planning on resi uppers, retain commercial elements below with new tenant.
Land in Bedford with potential worth £1m, loan c£700k. Existing client; strong PG. Potential PDRs for resi.
Land in Wales with planning for over 50 residential care home units. £700k value.
Large hotel in Hartlepool. New acquisition. £1m loan against £1.5m purchase.
We will not be sending a weekly update next Friday (Boxing Day) due to the holiday period.
Thank you for investing in Saving Stream in 2014 and we wish you all a prosperous New Year.
