ben
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Post by ben on Feb 18, 2016 21:49:06 GMT
I forgot the whole 'one bid' thing. I assume that there isn't a way around that other than hoping to be fast tomorrow? email support and give your username and how much you want to add, and they will do it when they are online they may email you back to confirm it.
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Post by MoneyThing on Feb 18, 2016 22:11:27 GMT
I forgot the whole 'one bid' thing. I assume that there isn't a way around that other than hoping to be fast tomorrow? Feel free to email us (support@moneything.com), with your request and we will gladly top up your bid in the morning (up to the bid limit). If you are quick then I can do this for you before I go to bed. Regards, Ed.
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freddy
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Post by freddy on Feb 19, 2016 1:00:13 GMT
I forgot the whole 'one bid' thing. I assume that there isn't a way around that other than hoping to be fast tomorrow? Feel free to email us (support@moneything.com), with your request and we will gladly top up your bid in the morning (up to the bid limit). If you are quick then I can do this for you before I go to bed. Regards, Ed. Such an impressive service. I like MT.
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jonah
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Post by jonah on Feb 19, 2016 6:24:09 GMT
I forgot the whole 'one bid' thing. I assume that there isn't a way around that other than hoping to be fast tomorrow? Feel free to email us (support@moneything.com), with your request and we will gladly top up your bid in the morning (up to the bid limit). If you are quick then I can do this for you before I go to bed. Regards, Ed. Oooooh. Note to self, sleep less More seriously, echoing freddy, this is great customer service. I can see why you did so well in a recent poll I've heard about.
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spiral
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Post by spiral on Feb 19, 2016 14:00:51 GMT
I take it the security is first charge. I can't see any mention of it?
Also should the valuation date be 14/1/16 as opposed to 15?
I appreciate that planning permission was granted in 2014 so it could be right but the report was commissioned by Broadoak so a year seems a bit long for them to have sat on it.
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Post by MoneyThing on Feb 19, 2016 14:07:08 GMT
I take it the security is first charge. I can't see any mention of it? Also should the valuation date be 14/1/ 16 as opposed to 15? I appreciate that planning permission was granted in 2014 so it could be right but the report was commissioned by Broadoak so a year seems a bit long for them to have sat on it. Afternoon, I can confirm that it is a 1st charge. Secondly, the valuation report is correctly dated 14/01/15. Broadoak initially commissioned the valuation in January 2015 and lent on the deal in February that year. Now that the land has received additional planning permission, they decided to make the deal available to MoneyThing investors. They did not consider it necessary to get an updated valuation since the increased planning permission is considered to increase the value of the land, the LTV is already at a very low level and there is a clear exit in place. Kind regards, Ed
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Post by eascogo on Feb 19, 2016 19:43:35 GMT
Feel free to email us (support@moneything.com), with your request and we will gladly top up your bid in the morning (up to the bid limit). If you are quick then I can do this for you before I go to bed. Regards, Ed. Oooooh. Note to self, sleep less More seriously, echoing freddy , this is great customer service. I can see why you did so well in a recent poll I've heard about. Also received similar help. Great service!
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jamesc
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Post by jamesc on Feb 19, 2016 20:01:38 GMT
Hi Ed
In general I like the supercar loans but the Countach looks at least a £100,000 overvalued, identical model same year less mileage on a London dealer's website for £299,950 and don't tell me you can't haggle on that price so would be lucky to cover our loan.
Any comments ?
James
p.s. there is what is probably the car we are lending on, also on a dealer's website for £399,950 which looks way overpriced and have to say if I was a punter with that much money I certainly would not be paying that.
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Post by MoneyThing on Feb 19, 2016 20:22:47 GMT
Hi Ed
In general I like the supercar loans but the Countach looks at least a £100,000 overvalued, identical model same year less mileage on a London dealer's website for £299,950 and don't tell me you can't haggle on that price so would be lucky to cover our loan.
Any comments ?
James
p.s. there is what is probably the car we are lending on, also on a dealer's website for £399,950 which looks way overpriced and have to say if I was a punter with that much money I certainly would not be paying that. Evening jamesc, The model you have highlighted differs significantly in that it has no service history & no original books. It is also known in the Lamborghini world as "off the registered damaged car". The borrower has also recently sold a white Countach for the same money as the car we are lending against. Kind regards, Ed
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Post by MoneyThing on Feb 19, 2016 20:24:46 GMT
Hi Ed
In general I like the supercar loans but the Countach looks at least a £100,000 overvalued, identical model same year less mileage on a London dealer's website for £299,950 and don't tell me you can't haggle on that price so would be lucky to cover our loan.
Any comments ?
James
p.s. there is what is probably the car we are lending on, also on a dealer's website for £399,950 which looks way overpriced and have to say if I was a punter with that much money I certainly would not be paying that. Evening jamesc, The model you have highlighted differs significantly in that it has no service history & no original books. It is also known in the Lamborghini world as "off the registered damaged car". The borrower has also recently sold a white Countach for the same money as the car we are lending against. Kind regards, Ed It is also the only green one in the world!
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jamesc
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Post by jamesc on Feb 19, 2016 21:18:44 GMT
Thanks Ed
I take your word for that as it was not mentioned in the advert. But as for green 'that a good thing ! only Kermit would want to buy it !!
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kermie
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Post by kermie on Feb 19, 2016 21:26:24 GMT
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jamesc
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Post by jamesc on Feb 22, 2016 14:29:29 GMT
Hi
I am fairly new to MT can anyone tell me why on todays Lambo the bidding limit is 1% whereas on the Ferrari tomorrow it is only 0.5% ?
Thanks
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Investor
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Post by Investor on Feb 22, 2016 14:45:54 GMT
The people/chickens at MoneyThing (hereafter referred to as simply 'The Things'), set an amount that they believe will allow roughly 24 hours opportunity to bid on each loan. The higher loans have a larger percentage as they would take longer to fill. Should point out that historically their calculations have always been pretty much spot on.
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Post by MoneyThing on Feb 22, 2016 14:49:06 GMT
Hi
I am fairly new to MT can anyone tell me why on todays Lambo the bidding limit is 1% whereas on the Ferrari tomorrow it is only 0.5% ?
Thanks Afternoon James, All our loans use to have 1% bid limits, however as we have grown this has recently meant that smaller loans were getting taken up within minutes. We want to try and aim for at least a few hours (ideally 24hrs), before loans are fully invested and as such we have recently brought down the bid limit for loans under £200,000 to 0.5%. Loans of £200,000 and above will remain at the 1% bid limit. Kind regards, Ed
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