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Post by overthehill on Aug 25, 2023 12:05:31 GMT
Finally up for sale = 1.3M , loan=1M.
Vultures=300k, Interest=0
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Post by overthehill on Sept 16, 2023 9:03:05 GMT
Finally up for sale = 1.3M , loan=1M.
Vultures=300k, Interest=0
Sold STC. Leaves the longest minefield and biggest hurdle to getting our money back is C&G and their representatives and appointees.
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r1200gs
Member of DD Central
Posts: 1,336 
Likes: 1,883
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Post by r1200gs on Sept 17, 2023 12:15:39 GMT
Now over three years on from the tower block sale, still not giving the money to investors. If they can find a way to hang onto it, they will.
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,156
Likes: 4,830
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Post by ozboy on Sept 17, 2023 12:26:21 GMT
Now over three years on from the tower block sale, still not giving the money to investors. If they can find a way to hang onto it, they will. There's an almighty $hitstorm building about P2P in general. Insolvency Practitioners, "Professional" RICS Valuers (  ) and the FCA are all complicit in one of the major scandals of Consumer Investing. Watch this space .......
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Post by overthehill on Nov 27, 2023 20:58:45 GMT
For anyone with money in this loan, the property has sold for £1.3M ono stc.
Can't wait to hear what bollocks excuse C&G are going to dream up to withhold investors' money this time. It's going to have to be something original, not from their Fundingsecure black book.
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iRobot
Member of DD Central
Posts: 1,657
Likes: 2,450
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Post by iRobot on Nov 27, 2023 21:49:24 GMT
For anyone with money in this loan, the property has sold for £1300 ono stc.
Can't wait to hear what bollocks excuse C&G are going to dream up to withhold investors' money this time. It's going to have to be something original, not from their Fundingsecure black book.
For anyone with money in this loan... I sincerely hope there's a 'k' or three zeros (preferably all to the left of a decimal point) missing from the number quoted 
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Post by overthehill on Mar 22, 2024 18:43:54 GMT
Another classic shipwreck.
Original FS valuation 1.5M for sale 1.3M ONO
sold for 1M feast for the vultures 55% capital returned ta da.
There was the usual withheld indemnity figure added to the pot which had better be returned to investors before the end.
Also the usual withheld additional expenses (in addition to their 2.5%) figure for C&G . Not sure if this belongs to the investors or creditors if not used for jollies.
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) and the FCA are all complicit in one of the major scandals of Consumer Investing.
