Luton (3 MONTH EXTENSION) - QUESTION FOR LENDERS
Mar 14, 2017 10:31:20 GMT
elliotn, misscas, and 6 more like this
Post by MoneyThing on Mar 14, 2017 10:31:20 GMT
Morning,
Some of you may have noticed that there is just over £100k available at 4pm today from the rollover of the £373,500 Luton loan.
This is a lot higher than we would normally expect, partly I think down to the rollover button not being made available until quite recently.
We have currently set the bid limit to £25 for 24hrs only. Since this is a small amount, the likelihood is that the FFF scrum will just be pushed out to 4pm tomorrow.
My question is, would lenders mind if we raised the bid limit to £150 per 24hrs (for 48hrs)? Ordinarily we would not usually amend the bid limit on the day of going live, however I would rather avoid the FFF if possible.
If the consensus is to raise it then we will notify all lenders at 11.30 today.
Many thanks,
Ed
Some of you may have noticed that there is just over £100k available at 4pm today from the rollover of the £373,500 Luton loan.
This is a lot higher than we would normally expect, partly I think down to the rollover button not being made available until quite recently.
We have currently set the bid limit to £25 for 24hrs only. Since this is a small amount, the likelihood is that the FFF scrum will just be pushed out to 4pm tomorrow.
My question is, would lenders mind if we raised the bid limit to £150 per 24hrs (for 48hrs)? Ordinarily we would not usually amend the bid limit on the day of going live, however I would rather avoid the FFF if possible.
If the consensus is to raise it then we will notify all lenders at 11.30 today.
Many thanks,
Ed
