r00lish67
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Post by r00lish67 on Oct 1, 2019 8:59:27 GMT
Strange how all the people who complained that "nobody voted for a no deal Brexit" appear quite happy to have a "unity government" that nobody voted for! Consequence of unity government nobody voted for = brief weird constitutional state pending an election/referendum. Consequence of No-Deal Brexit nobody voted for = Economic decline, severe disruption, deaths.
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r00lish67
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Post by r00lish67 on Sept 30, 2019 21:21:37 GMT
Their home page shows the BoS interest rate drops 0.5% tomorrow to 1% on £1 - 3999 & 2% on £4000 - 5000 unless there's a legacy product? Drops from tomorrow. It is 0.3% drop if you keep 5k there, that is 1.2% interest rate. I had the last (used to have three of them) BoS running and recently used it to switch to RBS (they give £150 for switch) and my freed up 5k will move to Al Ryan @1.6% for now. On a similar note, Club Lloyds rates dropping tomorrow too. You'd think the tight gets could at least match Marcus given that they used to offer 3% not so long ago, but clearly not!
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r00lish67
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Post by r00lish67 on Sept 30, 2019 17:03:51 GMT
These were the rates on my current account as of today. As I'm sure you well know, there is no publicly available 7% interest offer currently ongoing for a BoS current account and hasn't been for many years. So what are you referring to? Some employee/legacy perk or something?
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r00lish67
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Post by r00lish67 on Sept 30, 2019 15:27:24 GMT
It'd be nice to have an update on the progress of development as completion of development should have finished by now! If development not finished then I expect a long protracted negotiation with buyers. They said it was done in August: 09/08/2019 "The complete property is under offer from two parties"
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r00lish67
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Post by r00lish67 on Sept 30, 2019 12:07:54 GMT
Was the service Bondmason offered totally unique to them? Thank you Orca Money is the other aggregator that springs to my mind. Not a recommendation, I know very little about them.
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r00lish67
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Post by r00lish67 on Sept 30, 2019 9:58:04 GMT
Re: the update just posted, AIBU or is this again not really a good enough update?
On the 10th June, there were two offers on the table.
On the 9th August, there were two firm offers being negotiated.
Today, there are two firm offers being negotiated.
In other circumstances the dragging of heels might be fine, even encouraged, but this development is a large facility with multiple supplemental facilities so the daily interest must be eye-watering.
If I was sitting in the last supplemental facility, I'd frankly be bricking it by this point - yet it feels like FS are barely engaged with it.
They also breezily declare that completion should now be in October. October starts tomorrow. I'm in the process of selling a house at the moment and it's taken 9 weeks (so far) to perform the conveyancing for the most straightforward of all cases (cash only, no chains). Is it really a realistic prospect to go from negotiation to completion for 12 new apartments in 31 days?
(and even if it is theoretically possible on a wing and a prayer, should this be the expectation set with investors?)
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r00lish67
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Post by r00lish67 on Sept 29, 2019 16:26:15 GMT
For people who think there's too much Brexit chat on this forum, just think of those in less fortunate forums. I was just browsing housepricecrash.co.uk and came upon their brexit thread , now up to four thousand four hundred and forty three pages. What's strange is that even though they're thousands of pages ahead of us, they still all disagree. They're obviously just not trying hard enough.. Thanks for the link! They bicker along quite amiably, don't they? Like old married couples - they do seem like a group that has lived together for 4000+ pages. Giant Purple Slug - that's you I reckon, @r00lish! Ha, nope. (Without having looked into this properly) Those guys over there must be really otherwise fed up with waiting for a house price crash that never seems to come. I think someone once got a fiver off a Kensington pad in late 2008 - since then, somewhat slim pickings. No wonder they are excited about Brexit opportunities!
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r00lish67
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Post by r00lish67 on Sept 29, 2019 15:10:28 GMT
For people who think there's too much Brexit chat on this forum, just think of those in less fortunate forums. I was just browsing housepricecrash.co.uk and came upon their brexit thread , now up to four thousand four hundred and forty three pages. What's strange is that even though they're thousands of pages ahead of us, they still all disagree. They're obviously just not trying hard enough..
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r00lish67
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Post by r00lish67 on Sept 29, 2019 8:34:23 GMT
Thanks for that but what about monitoring? That I can't help you with. I can't see an easy way to do it, but if there's a populated field somewhere with the data it's possible that one might be able to create a script similar to the one bg posts the results of here from time to time. If you have the 'mad skillz' that is. Even then, I'm not sure whether or not it'll be possible. I'm sure a more able technician will be along to advise. I'd be interested to know too.
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r00lish67
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Post by r00lish67 on Sept 29, 2019 8:24:49 GMT
Oh god, we're not now going to have "is there one or zero houses" to accompany "one or two boats" are we? You are right though, it should not take months and months for a new team to be able to provide updates in a reasonably timely way. And when the updates do arrive, they still tend to be of 1-2 lines length and in many cases, as before, totally disregard the process apparently ongoing in the previous updates. How fricking hard is it. Actually, I think this is one of the better borrowers on the platform, FS know that, and don't chase them, so we don't get regular updates. I was chasing the Stretford loan in 2018 and Nigel was very unconcerned. Sure enough 4 out of 5 properties have been sold, all at GDV or above. I agree, slightly tongue in cheek above. Although I was surprised to find that this one was still about at all. Still, they're not on top of their loanbook, or if they are then they're not on top of their comms.
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r00lish67
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Post by r00lish67 on Sept 29, 2019 8:22:32 GMT
I think retail lenders will become less important for FC compared to institutions who better understand risk and reward, so iPads and vouchers will be irrelevant. You only have to look at this thread to understand the cost, customer service and PR issues of dealing with large numbers of fickle small punters. Sadly p2p will become much less p2p, and perhaps it was never a viable business model. Regardless, the individual lender will not be particularly important. Maybe, and yet if the institutional funding is forthcoming, why such problems in facilitating a few measly retail withdrawals? (genuine question)
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r00lish67
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Post by r00lish67 on Sept 29, 2019 7:33:16 GMT
Is there any way to display find monitoring or suspended loans on ones own holdings other than trawling through the list and in the case of monitoring opening them? Yeah, just download the spreadsheet of your holdings from whatever acc. you're interested in, and there's a suspended column to filter on.
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r00lish67
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Post by r00lish67 on Sept 29, 2019 7:27:11 GMT
As originally stated, "PM's referral to watchdog 'politically motivated'" frames the story as one of an injustice being done to the PM. A balanced headline would have read "PM referred to watchdog over accusations of misconduct" Which would be a completely different headline. Your headline says "He's been referred" The Beeb headline says "A source says the referral is politically motivated" The whole direction of the story in your headline is different to the actual article. Do you not think that the more pertinent part of the story which should be headlined is that the Prime Minister has been implicated in a scandal, rather than leading with an unnamed official from No 10's response to such a story? Let's take another, hypothetical, scenario. You see a headline "loving,caring father 'falsely accused'" You read the article, and find that the quotes are from one of the father's friends in court, where's he's just been convicted of a random homicidal attack. Although it probably seems obvious to you having read the article, the fact that it is framed in the headline it was will lead some people to think that the primary story is that he's loving and caring rather than a murderer and that he was probably falsely accused rather than convicted. The Daily Mail are past masters at this of course, but you hope for better from the BBC. Another tangential example = The Sun and the Scottish sun often provide a fun contrast in how the same story on the same day can be flicked all different ways.
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r00lish67
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Post by r00lish67 on Sept 28, 2019 20:51:20 GMT
It would be like a hospital A&E department meeting their 4-hour target by every 5 minutes striking from the queue anyone who has waited 3 hours and 55 minutes.
This. What we should be talking about is whether FC are going take the positive action to redress the balance i.e. increasing investor demand (increased rates, bonuses) or the negative action (slowing sales even further or just outright stopping them). Given coverage in the Daily Mail last week and the Times this week, I'm very surprised we haven't seen a few ipads being thrown about as investor bonuses at least. The other option I've omitted would be to allow price discovery and implement discounting. This would be very effective in sorting out the queue, but probably won't happen for a few reasons (e.g. complexity, Ts and Cs, and of course...Funding Coders). Of course, we'll know they're in real trouble when they pop up here looking to 're-engage with their investor base'.
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r00lish67
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Post by r00lish67 on Sept 28, 2019 20:31:23 GMT
Coming back to the BBC... The main headline online on BBC news UK right now: PM's referral to watchdog 'politically motivated'Only upon inspection does it transpire that there seem to be some fairly key words missing there. Like "says Government" at the end of it. Oh how careless of them! Anyone not view this as an incredibly biased way of formulating a headline? Umm, you do know the quote marks indicate it's quoted, right? www.bbc.co.uk/news/uk-49862859Emboldened subhead - A move to refer Boris Johnson to the police watchdog is "a politically motivated attack", a senior government source has said.It goes on... The watchdog will decide whether or not to investigate the prime minister for a potential criminal offence of misconduct in public office while he was London mayor.It is alleged businesswoman Jennifer Arcuri received favourable treatment due to her friendship with Mr Johnson.Mr Johnson has denied any impropriety.Seems pretty well balanced and transparent to me. But I'm not going looking for issues, determined to find them even if they aren't really there. Edit: Just noticed they've actually amended the heading from your screenshot to add "- No10" to the end, as an attribution for the quote. Happy now? I can see why you think it's a triviality, but the fact is that the headline of a story goes a long way to making the leading impression for people reading a story, and some people don't even get that far. I have no doubt that the content within is more balanced, but it makes a big difference nonetheless, quotation marks or not. As originally stated, "PM's referral to watchdog 'politically motivated'" frames the story as one of an injustice being done to the PM. A balanced headline would have read "PM referred to watchdog over accusations of misconduct" An anti-PM/Govt headline would read " 'irresponsible, reckless' PM embroiled in misconduct charge", with the quote turning out to be from Jeremy Corbyn inside the front cover. This stuff is the grist of a million media studies essays. This exact type of BS is what the Daily Mail has used over decades to denigrate the EU and has contributed to the unfortunate position we now find ourselves in. edit: oh, and they haven't amended the headline you see, which is still dominating their front page - it only says no.10 once you click on the article. Again, this stuff does matter and no I am not really happy about it.
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