morris
Member of DD Central
Posts: 261
Likes: 149
|
Post by morris on Jun 23, 2022 11:45:00 GMT
I've not had notification, nor can I make a bid as it doesn't appear in the drop down menu.
Later: now had an email and appears in the drop down menu.
|
|
morris
Member of DD Central
Posts: 261
Likes: 149
|
Post by morris on May 27, 2022 17:21:39 GMT
If interest due to lenders is being retained by CP shouldn't this be put into a client account.
|
|
morris
Member of DD Central
Posts: 261
Likes: 149
|
Post by morris on May 12, 2022 14:45:48 GMT
You cannot buy a loan you already own.
|
|
morris
Member of DD Central
Posts: 261
Likes: 149
|
Post by morris on May 4, 2022 9:58:41 GMT
Re L******K Live 12th April. WARNINGThere are very serious issues with this loan, and CrowdProperty should withdraw it. They have been warned. The background is that this is a FS loan where the borrower has manipulated the FS administrator and the land registry and holds ransom strips which means the development is not as it appears. This loan has been delayed as there is a piece of land owned by a third party which is required to complete the drainage strategy. Negotiations for an easement have failed. CP can't say they weren't warned.
|
|
morris
Member of DD Central
Posts: 261
Likes: 149
|
Post by morris on Apr 13, 2022 6:34:28 GMT
Wellesley website is down this morning. Looks like they have run away with the last of our money.
|
|
morris
Member of DD Central
Posts: 261
Likes: 149
|
Post by morris on Mar 28, 2022 16:38:12 GMT
I am awaiting a transfer to Vanguard. They say they sent the transfer on 20 January. Zopa say they have not received it. I have asked Vanguard to send it again. Two months and 8 days and no progress made.
|
|
morris
Member of DD Central
Posts: 261
Likes: 149
|
Post by morris on Mar 26, 2022 15:33:37 GMT
The prospective buyers of this part complete property will move onto a bridging/purchase facility on CP this coming week.
|
|
morris
Member of DD Central
Posts: 261
Likes: 149
|
Post by morris on Mar 24, 2022 7:37:50 GMT
In the bank this morning.
|
|
morris
Member of DD Central
Posts: 261
Likes: 149
|
Post by morris on Mar 17, 2022 7:00:37 GMT
Loan redeemed early with early redemption interest.
|
|
morris
Member of DD Central
Posts: 261
Likes: 149
|
Post by morris on Mar 15, 2022 12:30:15 GMT
I'm also having problems with Zopa. First they said they couldn't trace the transfer request, after contact Vanguard I told them it was emailed to them on 24 January. That is after them telling me they were endeavouring to complete transfer in 30 days. I then got an email from them asking for my Vanguard account no. I supplied that and they lost interest. I have emailed them since but they have stopped replying. Oh and if you phone them and you select the ISA option you get cut off. Their service is risible.
|
|
morris
Member of DD Central
Posts: 261
Likes: 149
|
Post by morris on Mar 10, 2022 18:14:48 GMT
How does this work then. I have £1,000 in my account awaiting investment. I bid for tranch B in yesterdays loan. I have bid today for for the tranch B for the mixed use loan hoping that if the first fails I succeed with the second. But could I take this even further and bid for tranch C in both loans and get four bites of the cherry with my £1,000.
|
|
morris
Member of DD Central
Posts: 261
Likes: 149
|
Post by morris on Feb 28, 2022 17:51:06 GMT
I quote 'The Loan Book Sale agreements allow for repayment to occur 60 days from the specified payment dates and therefore please note that provided full repayment is made by the end of February 2022, no events of default will have occurred.' So they are now in default.
|
|
morris
Member of DD Central
Posts: 261
Likes: 149
|
Post by morris on Feb 28, 2022 12:22:12 GMT
Monday has arrived (and as yet no sign of the cash also arriving). I can see me checking every hour on the Wellesley site to see if cash has arrived, and on this site to see if any fellow-sufferer has received any news. I know we are all owed different amounts- I was due £8k in the December payment which I assumed would be paid by end of February (or else they will be in formal default). Has anyone got any idea what we do if they do default? I assume, at the very least, we will be notified by the third party that is managing this Yes. I suggest we launch a ground assault if they don't pay.
|
|
morris
Member of DD Central
Posts: 261
Likes: 149
|
Post by morris on Feb 20, 2022 19:05:31 GMT
Final payment to be paid this week. Or will they take it to the wire and pay it next Monday 28 February. Or will they fail us completely.
|
|
morris
Member of DD Central
Posts: 261
Likes: 149
|
Post by morris on Feb 18, 2022 18:12:31 GMT
I've never been a fan of Autolend 2.0 but isn't it about time we had an option to skip the next loan in Always On like Crowdproperty ? There isn't even advance warning of the next loan, what and when ? And turning off Always On disables it for a month, feels like a punishment. Maybe you want the Tranche B instead of Tranche A of a particular loan.
What is the next loan ? Spin the wheel.
I think the next loan will be the care home. A nice sprinkling of new loans in the last couple of days.
|
|