dp
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Post by dp on Nov 6, 2017 9:58:12 GMT
This loan was due to be repaid on Saturday 4th. Email from Collateral confirmed this was due to be repaid and not extended/renewed.
No repayment made, can we have an update please?
Thanks
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dp
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Post by dp on Nov 1, 2017 12:12:39 GMT
Oooch - looking at investor activity, a fair few have chipped in today.
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dp
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Post by dp on Nov 1, 2017 11:20:12 GMT
Still waiting for the interest payment for the two repaid loans, PBL150 and PBL151, that I was previously invested in... Must be a VERY long interest payment run today... Yes, thought my interest was a lot lower than was due. PBL150, PBL151 and PBL152 - Interest appears outstanding if I am correct.
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dp
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Post by dp on Oct 27, 2017 13:42:21 GMT
Fairly big update dated yesterday - 26th.
26/10/2017 - We are in daily conversations with the borrower and our solicitors and full repayment is still expected before the end of October 2017.
To make this statement 4 days before month end is a big statement and they must be confident this will happen.
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dp
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Post by dp on Oct 27, 2017 13:15:26 GMT
Looks like none of the 4 loans has gone live today yet......presumably a later Friday afternoon session.
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dp
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Post by dp on Oct 27, 2017 10:01:46 GMT
Repayments don't just come out of thin air, this loan specifically, I believe L could(should) provide another update around repayment progress.
If this doesn't repay by Tuesday, 31st, this forum will be up in arms and another L slanging match will kick off.
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dp
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Post by dp on Oct 13, 2017 8:55:58 GMT
Drive past every day, by far my biggest loan on Lendy. Happy to hold on to this loan, but feel it will need an extension to finish, failing that should pick up a nice bonus. The flats which have no glazing and therefore are not watertight, surely these are not being fitted out internally yet.
50 working days to go presuming no weekend work.
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dp
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Post by dp on Oct 10, 2017 15:24:02 GMT
Should be 12%
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dp
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Post by dp on Oct 10, 2017 11:59:03 GMT
A few small issues, but overall 4 for me.
The reported issues on the known loans does not affect me.
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dp
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Post by dp on Oct 3, 2017 19:56:11 GMT
My fastest finger first will be to withdraw this repayment from the platform.......no confidence with Lendy You literally can't please some people.
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dp
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Post by dp on Sept 30, 2017 12:22:49 GMT
Anyone successfully deposited anything today?
Thanks
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dp
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Post by dp on Sept 27, 2017 15:54:58 GMT
Tell me, under the 'old T&C's" or for that matter, current T&C's, is the borrower personally liable for say, a shortfall? Having visited the site today, it appears the old driveway which is shared by both Bricknell's bungalow ("developer"/Lendy site) and B********* H**** (completely separate), there appears to be a widening with new asphalt (new feather board fencing and turf) . I've extracted an up to date title plan from the LR and measured the access road from O*** R**** L***, it appears that the registered plan does not include the new widening and make of that, what you will..... Not relevant perhaps but B********* C****** ('son") has a registered charge on it as recent as 22/09/17 - that's two but perhaps the new bridging loan was to pay back the first one dated last year and the papers have yet to reach companies house. Meantime, having had some experience of sites being repossessed, who will buy it? How easy will it be to get certification on the houses in order for the properties to be saleable let alone mortgageable and with other developments around it being proposed, will the GDV ever be realised? I'm sceptical and having read the valuation reports, a bit confused. The comparables, I would argue, are not comparable. They were based on the Heritage development at Holland Park where properties sold for an average £600K and are in a parkland setting, behind a golf course and nowhere near the noisy M5 motorway. Any photos from you "said" visit?
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dp
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Post by dp on Sept 18, 2017 15:01:21 GMT
SM Q length currently just £3.1K One of the few DFL's which looks to be well managed and likely to deliver. Think it will require an extension to get it over the line but happy to sit in this one till the end.
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dp
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Post by dp on Sept 11, 2017 8:08:43 GMT
Sent deposit over at midnight. No sign of it being processed yet? Lendy Support Has this quicker deposit processing been turned off again? UPDATE: Deposited 9.42am.
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dp
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Post by dp on Sept 6, 2017 8:59:03 GMT
I'm sure I had pre-funded some of this while it was still DFL030, it seems that in a period of 12-14 hours it was turned into a PBL, automatically erased my pre-fund, and then went live without me. I feel somewhat short-changed. Paul64 please explain. Same here!!! Arrgghhh
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