dh1
Member of DD Central
Posts: 373
Likes: 383
|
Post by dh1 on Apr 28, 2023 18:42:40 GMT
I took the trouble to read the BDO email and to compare the contents with the BDO investor exposure spreadsheet before looking at my bank account. I applied the percentages and arrived at a very precise figure; this matched exactly what had just appeared in my account. This provides some solid reassurance about the process.
That doesn't mean I am any less distressed by the mess that Collateral made; as it stands at the moment I am still owed 92.95% of my investment!
|
|
agent69
Member of DD Central
Posts: 5,625
Likes: 4,195
|
Post by agent69 on Apr 28, 2023 18:49:42 GMT
Just under 4% for me also. I was 90+% bling, and not a lot of cash. I was mostly in bling and only about 5% received today. I note from todays email that more repayments are due next month. Perhaps that will be bling loans, since today's repayments look like property? Sorting out the tax position on this lot is going to be a nightmare! But only for those who didn't get a payment this time around?
|
|
hazellend
Member of DD Central
Posts: 2,361
Likes: 2,179
|
Post by hazellend on Apr 28, 2023 18:56:04 GMT
Any idea what % of the amount recovered is covered by these dividends?
|
|
|
Post by ndblog on Apr 28, 2023 18:56:40 GMT
I had given up tbh on this saga. So when I read the email, I did not even expect it.
I then got £504 .24 back into my bank minutes later to my surprise! I had around £4600 invested.
So a welcomed surprised!
Now what do I do with this, do I stick this £500 odd quid into my stocks and shares ISA or do I treat myself towards a DJI drone I have had my eye on as I never expected this
The boring head says invest it in my S&S ISA, but I will sleep on it haha
It is a start, I still have given up on the rest so anything is a bonus never touching p2p again, they are all crooks, ISA is already fully utilised so I think a non ISA stock and shares for me
|
|
|
Post by takesyourchances on Apr 28, 2023 19:14:02 GMT
I had given up tbh on this saga. So when I read the email, I did not even expect it.
I then got £504 .24 back into my bank minutes later to my surprise! I had around £4600 invested.
So a welcomed surprised!
Now what do I do with this, do I stick this £500 odd quid into my stocks and shares ISA or do I treat myself towards a DJI drone I have had my eye on as I never expected this
The boring head says invest it in my S&S ISA, but I will sleep on it haha
It is a start, I still have given up on the rest so anything is a bonus never touching p2p again, they are all crooks, ISA is already fully utilised so I think a non ISA stock and shares for me Yes I agree, after this happened I managed to get fully out of P2P and never again. If anything it taught me a lesson to not stray outside of mainstream investing again and I stuck to my S&S ISA from then.
I did say to myself, dispite writing it off as a learning experience, if I ever got anything back I would put it the boring but predictable City of London Investment Trust to add the dividends and reivesting of dividends which may claw some of this mess back over time I may still do this and put the DJI Drone on hold yet!
|
|
averageguy
Member of DD Central
Posts: 1,165
Likes: 841
|
Post by averageguy on Apr 28, 2023 19:22:51 GMT
HMM….unfortunately its taken so long that the bank account they have on their records is no longer held by me…..email sent to them, but it looks as if I’ll have to wait until next month to receive some pennies …10% of original investment (not taking into account interest received prior to mess)…ouch
|
|
star dust
Member of DD Central
Posts: 2,998
Likes: 3,531
|
Post by star dust on Apr 28, 2023 19:27:14 GMT
Anybody got money back & with Nationwide ?
Not got anything.
Yes - but one of the smallest % around too much bling and Bolton I think
|
|
|
Post by synchrony on Apr 28, 2023 19:34:24 GMT
Anybody got money back & with Nationwide ?
Not got anything.
Yes, around 8%. I had no uninvested cash, a bit of bling and a lot of property. So excited to see any of this money again!
|
|
metoo
Member of DD Central
Posts: 540
Likes: 410
|
Post by metoo on Apr 28, 2023 19:38:00 GMT
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 10,880
Likes: 11,104
|
Post by ilmoro on Apr 28, 2023 19:52:16 GMT
Any idea what % of the amount recovered is covered by these dividends? Not easy to work out. There are recoveries listed in the liquidation report but there are several loans on todays list I cant reconcile with the properties referenced. Excluding them COLBL011-15 & the two SD loans I make it £1812526 paid out of £5229901 recovered, so 34% of the sums recovered for these loans or 26% of the original capital
|
|
michaelc
Member of DD Central
Posts: 4,895
Likes: 2,768
|
Post by michaelc on Apr 28, 2023 20:21:04 GMT
Can't believe it. A couple of k back which is approximately 50% of the total on this platform. No bling.
|
|
GeorgeT
Member of DD Central
Posts: 1,321
Likes: 1,575
|
Post by GeorgeT on Apr 28, 2023 20:25:30 GMT
I confirmed my bank details when asked and received confirmation back yet have received nothing despite the details showing I'm due a quite substantial sum based on my loans and the percentages. Has anyone else in this position had no payment yet ? Think I'll send them an email as seems most have had a payment today.
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 10,880
Likes: 11,104
|
Post by ilmoro on Apr 28, 2023 20:41:17 GMT
I confirmed my bank details when asked and received confirmation back yet have received nothing despite the details showing I'm due a quite substantial sum based on my loans and the percentages. Has anyone else in this position had no payment yet ? Think I'll send them an email as seems most have had a payment today. They do say payments might take a few days and some banks can be slow. Might be worth waiting until after the BH given that there wont be anyone in the office anyway and if the money does appear early next week saves the cost of them replying needlessly.
|
|
GeorgeT
Member of DD Central
Posts: 1,321
Likes: 1,575
|
Post by GeorgeT on Apr 28, 2023 21:04:53 GMT
I confirmed my bank details when asked and received confirmation back yet have received nothing despite the details showing I'm due a quite substantial sum based on my loans and the percentages. Has anyone else in this position had no payment yet ? Think I'll send them an email as seems most have had a payment today. They do say payments might take a few days and some banks can be slow. Might be worth waiting until after the BH given that there wont be anyone in the office anyway and if the money does appear early next week saves the cost of them replying needlessly. Thanks, yes, I'll keep the email in my drafts for now. Very frustrating as it's a lot of money to me and I've had same account with big High St bank for 40 years and payments usually appear almost instantly.
|
|
stokeloans
Member of DD Central
Posts: 400
Likes: 484
|
Post by stokeloans on Apr 28, 2023 21:31:10 GMT
I had the email a few hours ago and just discovered £900 in my bank account,which is £900 more than I expected when they collapsed.... I had around £7,000 invested.
|
|