grahamg
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Post by grahamg on Jul 26, 2017 14:36:22 GMT
ali any chance of a photo update
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ali
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Post by ali on Jul 26, 2017 15:31:53 GMT
ali any chance of a photo update No current plans to visit Whitehaven, but of course when I or Mrs ali next visit, we will take some photos and upload them.
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Post by bracknellboy on Jul 26, 2017 15:35:18 GMT
I have good reason to believe that up to date photos can be found here
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09dolphin
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Post by 09dolphin on Jul 26, 2017 19:16:28 GMT
Looks like FS had better get ready to get their cheque book out if the update from Bracknellboy is accurate (and why shouldn't we believe him as opposed to the updates from FS which are quite obviously a figment of their imagination). So good to know that the LTV is less than 70% of the money lent.
I know I'm tired of FS posting rather optimistic updates that have absolutely no relation to reality and I think it's time to hold FS to account. I say that reluctantly because I really do regret feeling FS are forcing me into this sort of action, something I've not done before.
Time for FS to admit to investors how they have mismanaged this loan and tell us what they intend to do to correct this but I suspect it's too late I've lost patience and intend to start the process of contacting the Ombudsman tomorrow.
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SteveT
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Post by SteveT on Jul 26, 2017 19:48:07 GMT
Time for FS to admit to investors how they have mismanaged this loan and tell us what they intend to do to correct this but I suspect it's too late
I've lost patience and intend to start the process of contacting the Ombudsman tomorrow. You'll get nowhere with the Ombudsman until you've exhausted FS's own internal complaints procedure and failed to get satisfaction (this applies to all Ombudsman services). First step is a formal complaint to FS. I'd join you but my exposure to this loan is as a company lender and so I find I'm excluded from the Ombudsman route; my first step would have to be to sue via the Small Claims Court (once an actual financial loss is incurred).
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rs
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Post by rs on Jul 27, 2017 7:54:37 GMT
I am hoping FS are hopefully going to provide some updated photos tomorrow or early next week to show progress on the site. If there is no site progress made in a week or if there are no photos then I will be raising a complaint to FS as well.
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grahamg
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Post by grahamg on Jul 27, 2017 18:23:00 GMT
Maybe its time that that the "The Whitehaven News" who wrote a piece about the site in January did a new in depth expose update on the wonderful progress on the site since the sad loss of Cap'n Senny's to the bulldozer.
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rs
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Post by rs on Jul 27, 2017 20:28:54 GMT
Maybe its time that that the "The Whitehaven News" who wrote a piece about the site in January did a new in depth expose update on the wonderful progress on the site since the sad loss of Cap'n Senny's to the bulldozer. independent monitoring will be appointed soon and FS meeting borrower on site next week! Still don't understand why borrower cannot send recent photos on a weekly basis to FS. Also no update on court case. I reckon borrower up SH*T creak and desperately hoping FS have a plan to repay capital & interest.
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Post by martin44 on Jul 27, 2017 20:48:12 GMT
Maybe its time that that the "The Whitehaven News" who wrote a piece about the site in January did a new in depth expose update on the wonderful progress on the site since the sad loss of Cap'n Senny's to the bulldozer. independent monitoring will be appointed soon and FS meeting borrower on site next week! Still don't understand why borrower cannot send recent photos on a weekly basis to FS. Also no update on court case. I reckon borrower up SH*T creak and desperately hoping FS have a plan to repay capital & interest. Here's my prediction of next FS/whitehaven update... 'Site meeting was cancelled due to the incursion of the site by 'Transylvanian Vampire bats', this may prove to be a bit of a 'pain in the neck' for 'suck.....' investors, but we will update again when a new meeting has been arranged, at which point we will strive to up the 'Stakes' as this is now a 'grave' situation. Thanks for your patience.'
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SteveT
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Post by SteveT on Jul 29, 2017 7:21:50 GMT
Update added yesterday: "We are meeting with the borrower and contractor onsite between Sunday July 30 and Tuesday August 1. We will be posting an update immediately following those meetings."
That's either a hell of a long meeting or else there isn't yet a firm day / time agreed ...
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rs
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Post by rs on Jul 29, 2017 8:50:33 GMT
Update added yesterday: " We are meeting with the borrower and contractor onsite between Sunday July 30 and Tuesday August 1. We will be posting an update immediately following those meetings." That's either a hell of a long meeting or else there isn't yet a firm day / time agreed ... as it's the weekend difficult to agree a time with a slippery borrower.
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09dolphin
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Post by 09dolphin on Jul 29, 2017 10:54:03 GMT
Update added yesterday: " We are meeting with the borrower and contractor onsite between Sunday July 30 and Tuesday August 1. We will be posting an update immediately following those meetings." That's either a hell of a long meeting or else there isn't yet a firm day / time agreed ... Update on 22/7/17 says there is a meeting between FS, the borrower and contactor that will occur onsite on 1st August.
I hope the latest update doesn't reflect the state of the diary in FS office.
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Post by martin44 on Jul 30, 2017 0:07:02 GMT
Update added yesterday: " We are meeting with the borrower and contractor onsite between Sunday July 30 and Tuesday August 1. We will be posting an update immediately following those meetings." That's either a hell of a long meeting or else there isn't yet a firm day / time agreed ... I'll wait with bated breath for the ' immediate'/(sometime in the long term future) update.
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09dolphin
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Post by 09dolphin on Jul 31, 2017 7:25:13 GMT
Sorry folks to ask this. Where or how do I find the "link" to enable me to view the photos FS have loaded to see the progress made with clearing the site? I also note that that from the language used that more work in clearing the site is required before foundations can be laid!
Perhaps FS should also upload photos of the brick, windows, timber frames etc that were bought with investors money.
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SteveT
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Post by SteveT on Jul 31, 2017 7:37:54 GMT
Sorry folks to ask this. Where or how do I find the "link" to enable me to view the photos FS have loaded to see the progress made with clearing the site? I also note that that from the language used that more work in clearing the site is required before foundations can be laid!
Perhaps FS should also upload photos of the brick, windows, timber frames etc that were bought with investors money. "Latest photos" link at the bottom of the "General information" tab (just below the statement " At no stage will cumulative tranches exceed 70% of current value" !!!!!) The only difference I can see is that the mini-digger and skip have disappeared and the site is again inactive.
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