upland
Member of DD Central
Posts: 478 
Likes: 175
|
Post by upland on Jun 24, 2015 6:08:56 GMT
I find it a nuisance when property loans have the same name. Unlike ordinary loans most are multi tranche and it just takes me a bit more work to figure out where I am with the holdings.
|
|
|
|
Post by goldservice on Jun 24, 2015 9:03:38 GMT
I agree. For example, is Property Development North London 2 a second development (North London is quite a big place and I can imagine that there might be more than one development there), or is it tranche 2 of the first development?
|
|
am
Posts: 1,495
Likes: 601
|
Post by am on Jun 24, 2015 9:29:20 GMT
I agree. For example, is Property Development North London 2 a second development (North London is quite a big place and I can imagine that there might be more than one development there), or is it tranche 2 of the first development? That particular problem is easily resolved by putting the word tranche in the loan title.
|
|
