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Post by Deleted on Dec 2, 2015 9:11:38 GMT
bengilbert : thanks for the clarifications, and no apologies needed on a 'first venture'. Obviously it would be better if this was in the MT loan information as that is the 'contractual' place to have it, but as a first outing personally I would be happy with the statements made here. If MT can make an update in the loan description that would of course be preferable. On a separate note, I wonder whether I am the only one on this forum for whom left side / right side brain issues mean that I keep processing your forum name as 'bengil bert', which is annoying the hell out of me as I'm damn sure the implied space should be 3 letters back. Hoh hum. you mean it's not bengil bert?
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ben
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Post by ben on Dec 2, 2015 10:04:40 GMT
nice to see that this one is going pretty quick
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Investor
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Post by Investor on Dec 2, 2015 10:04:37 GMT
I'm still going with b engilbert. Make up your own jokes including the words Hump and Dink
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SteveT
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Post by SteveT on Dec 2, 2015 10:05:16 GMT
I always took it to be Bengi L'Bert
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shimself
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Post by shimself on Dec 2, 2015 10:13:14 GMT
Without trawling all through this board - will MT be implementing q&a for each loan on the site, because really these assurances belong there. Morning, The loan particulars have now been updated to clarify this point. King regards, Ed Well good and thanks - but if q&a is staying here could you say so on the page for each loan please?
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shimself
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Post by shimself on Dec 2, 2015 10:25:59 GMT
Dear Mr Ert
I've read the general description of your and you co-director's experience but could you put a bit of flesh on the bones please. The 5% first loss is excellent, I just want to know a bit more about why I should trust your judgement.
Thanks
Mr Elf (feeling seasonal)
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madpierre
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Post by madpierre on Dec 2, 2015 10:30:59 GMT
Ed and Broadoak boys will be well pleased with how the first one has gone. It's a great start for Ben, Gil and Bert
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Post by MoneyThing on Dec 2, 2015 10:43:40 GMT
Ed and Broadoak boys will be well pleased with how the first one has gone. It's a great start for Ben, Gil and Bert Also for Edpe & Arce
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Post by bengilbert on Dec 2, 2015 11:07:29 GMT
Dear Mr Ert I've read the general description of your and you co-director's experience but could you put a bit of flesh on the bones please. The 5% first loss is excellent, I just want to know a bit more about why I should trust your judgement. Thanks Mr Elf (feeling seasonal) Jamie has been working in bridging since 2000, starting with one of the first bridging companies at a time when it was thought of as last resort lending. In that time, he has been involved in building loan books to £75 million in one case and raising £100 million as head of funds distribution in another. He also spent 2 years in England's leading asset management company dealing with distressed assets, giving him a lot of experience in dealing with repossessions. I headed a debt trading desk at RBS until 2005, and since 2013 I've been heavily involved in property-focused p2p lending. My role in Broadoak is primarily to develop this side of the business. p2p was at the centre of our plans from the beginning. Hope that helps.
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am
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Post by am on Dec 2, 2015 11:22:03 GMT
Ed and Broadoak boys will be well pleased with how the first one has gone. It's a great start for Ben, Gil and Bert You gave me a scare there - that it had all gone in a hour before I had logged on. Fortunately there was 15% left.
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davex
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Post by davex on Dec 2, 2015 11:34:22 GMT
<9% now.
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11025
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Post by 11025 on Dec 2, 2015 11:42:46 GMT
Good stuff , hopefully the start of many more.
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pom
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Post by pom on Dec 2, 2015 12:03:55 GMT
I was really hoping I'd be able to trickle in repayments over the next couple of days - clearly highly unlikely to be any chance of that. From the speed it's going you'd think it were a much smaller loan!
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ramblin rose
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“Some people grumble that roses have thorns; I am grateful that thorns have roses.” — Alphonse Karr
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Post by ramblin rose on Dec 2, 2015 12:15:17 GMT
I was really hoping I'd be able to trickle in repayments over the next couple of days - clearly highly unlikely to be any chance of that. From the speed it's going you'd think it were a much smaller loan! There'd be a lot of spare money hanging around from the large property loan that got pulled - not everyone would have withdrawn their returned money, so will be keen to get it re-invested here perhaps more quickly and in larger quantity than normal.
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star dust
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Post by star dust on Dec 2, 2015 12:18:53 GMT
I experienced some server meltdown this morning in that it took me over 20 mins to login. However, once I got in and saw how much had gone, I decided to top up before I bought. Had an anxious wait of a further 20mins or so for my extra amount to arrive, but did manage to invest the lot. i haven't looked recently but didn't think it would last till the morning. MT have attracted quite a few new investors recently, and i suspect a number have rather deep pockets! in Edit, you can see why I can't buy on the SS SM, much too slow. Was replying to pom, but RR beat me to it.
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