sqh
Member of DD Central
Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
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Post by sqh on Nov 26, 2016 10:34:49 GMT
Must be. Record at 67 days ..... Unless others point to another sloooooowwwwww one that knocks it off top spot. How about loan ID 2532356769 which is 111 not out. Still got some way to go if the SS PBL019 is to be beaten. That was 190 days. In fact, PBL019 was a reincarnation of PBL009 which itself never drewdown, but was live for 68 days.
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stub8535
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personal opinions only. Not qualified to advise on investment products.
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Post by stub8535 on Nov 26, 2016 12:58:24 GMT
Wow! Knew I probably wouldn't be surprised to find it beaten. I wonder if FS are going to allow Ford Mill, and its current string of bs excuses, to beat the above. I, for one, will not hold my breath for this loan to be paid off next week as per this mornings bullxxit update.
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mikes1531
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Post by mikes1531 on Nov 27, 2016 16:30:17 GMT
I wonder if FS are going to allow Ford Mill, and its current string of bs excuses, to beat the above. I, for one, will not hold my breath for this loan to be paid off next week as per this mornings bullxxit update. : My apologies, but I'm unable to work out which is the Ford Mill loan. Can you please supply the FS loan number?
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stub8535
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personal opinions only. Not qualified to advise on investment products.
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Post by stub8535 on Nov 28, 2016 19:30:42 GMT
1952039154 lax in risxxn. Expected end date was 27.08.16.
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mikes1531
Member of DD Central
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Post by mikes1531 on Nov 29, 2016 12:18:20 GMT
I wonder if FS are going to allow Ford Mill, and its current string of bs excuses, to beat the above. I, for one, will not hold my breath for this loan to be paid off next week as per this mornings bullxxit update. : My apologies, but I'm unable to work out which is the Ford Mill loan. Can you please supply the FS loan number? 1952039154 lax in risxxn. Expected end date was 27.08.16. : OK, but I don't see the connection to Ford Mill. All I see are references to York Mill. Am I still not looking at the right loan? I'm looking at Land in Ris***n (1960999217).
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n
Member of DD Central
Yet another Nick
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Post by n on Nov 29, 2016 14:33:51 GMT
stub8535 : My apologies, but I'm unable to work out which is the Ford Mill loan. Can you please supply the FS loan number? 1952039154 lax in risxxn. Expected end date was 27.08.16. : OK, but I don't see the connection to Ford Mill. All I see are references to York Mill. Am I still not looking at the right loan? I'm looking at Land in Ris***n (1960999217). Had me guessing too. The number 1952039154 is in the loan details for 1960999217 down the page somewhat next to the picture. Maybe it is the asset reference?
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mikes1531
Member of DD Central
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Post by mikes1531 on Nov 29, 2016 18:58:31 GMT
stub8535 : OK, but I don't see the connection to Ford Mill. All I see are references to York Mill. Am I still not looking at the right loan? I'm looking at Land in Ris***n (1960999217). Had me guessing too. The number 1952039154 is in the loan details for 1960999217 down the page somewhat next to the picture. Maybe it is the asset reference? I think so.
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stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
Posts: 1,442
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Post by stub8535 on Nov 29, 2016 19:55:33 GMT
Sorry mike and n you are correct in the York Mill ref. looking at too many mills atm. Accept my apologies for confusing you.
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sarahcount
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Post by sarahcount on Mar 28, 2018 20:56:17 GMT
Surprised to see this loan still knocking around and back on the table tomorrow. This is the one with the encroachment on the land by a utility company.
The last loan should have completed in November and interest has only now been paid to allow a renewal.
Expect there will be plenty available for anyone who is interested.
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rogerthat
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Post by rogerthat on Mar 28, 2018 21:27:16 GMT
Surprised to see this loan still knocking around and back on the table tomorrow. This is the one with the encroachment on the land by a utility company. The last loan should have completed in November and interest has only now been paid to allow a renewal. Expect there will be plenty available for anyone who is interested.One things for sure...no chance of being trampled in the rush 
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KoR_Wraith
Member of DD Central
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Post by KoR_Wraith on Mar 29, 2018 19:16:59 GMT
Despite the continuing renewals I still quite like the security on this loan. The additional 2nd charge seems to provide a lot of headroom.
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rs
Member of DD Central
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Post by rs on Mar 29, 2018 20:25:30 GMT
Despite the continuing renewals I still quite like the security on this loan. The additional 2nd charge seems to provide a lot of headroom. What makes you think valuation of this land with encroachment is accurate?
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KoR_Wraith
Member of DD Central
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Post by KoR_Wraith on Mar 30, 2018 3:25:52 GMT
We're told the second property is worth £1.5 million, but are not given beyond basic details or a valuation report. Take the £600k first charge away and that leaves £900k of the proposed value. Take administrator's fees of £150k leaves £750k. Take £150k away to repay the loan leaves £600k. So as long as the second property can be sold for £900k, repayment seems secure. Anything the primary security generates is a bonus.
Several assumptions in there but nothing too crazy as far as I can see.
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Post by mrclondon on Nov 12, 2019 16:53:28 GMT
Loan has been defaulted on the website.
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