romy
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Post by romy on Nov 12, 2017 16:12:59 GMT
S&Shares 13 ( mainly ISAs) cash 47 ( probably too much but where's best to go!) Premium bonds 5
Peer to X 18
rental property 17
(Excluding roof over head and pension )
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romy
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Post by romy on Nov 10, 2017 1:16:04 GMT
Yes that sounds really useful. I've found lots of good info generously shared by folk here. It would be good to have it all in one place.
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romy
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Post by romy on Oct 17, 2017 16:03:54 GMT
...and thirdly I think MT have responded very swiftly when they saw that the concerns being raised here - much quicker than most platforms.
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romy
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Post by romy on Oct 17, 2017 16:01:28 GMT
I meant to say in the design statement it says that it's aimed at young professionals, though I must say the layout looks mainly like typical student studio flats.
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romy
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Post by romy on Oct 17, 2017 16:00:02 GMT
But they've got as far as real actual planning permission submission, which may be decided as early as the end of November so they have had to spend cash on - architects fees ( usually not small but perhaps someone has better knowledge than me on likely size)
- Lots of other professionals to get to the planning stage e.g. quantity surveyors, M&E specialists, transport surveys
- pre-application meetings with planners
- Specific stuff for listed building assessment?
- up to and including bat surveys...
It's stated that they've already done work on removing asbestos and making the place safe and secure, which again is cost of specialist firm and permissions for asbestos.
If he is really planning for starting work before Christmas then surely he will need to now be setting up detailed contracts for the work with a variety of contractors most of whom will need several weeks notice to get mobilised ( personally would think before Xmas is too optimistic given builders usually expect 2 week break then).
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romy
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Post by romy on Oct 13, 2017 12:02:30 GMT
I can see under live loans - an extra box comes up at the right hand side saying
"This loan cannot be invested in because it has been suspended."
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romy
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Post by romy on Oct 3, 2017 10:26:44 GMT
Agree with panda the my loans spread over too much screen space, would like at least the option of a simple table format ( and downloadable) I'm puzzled by the stats page that I see. It doesn't seem correct for either my lending or the whole platform : it says only 2 loans repaid - I've certainly had more than that so the whole platform must be more ( though I do have 2 outstanding) and the amount lent is about 4 times the amount I've lent but wouldn't think that's enough for the platform, unless it's only over a limited time period.... Whilst appreciate things are in the middle of revamping I'd rather not have things that are actually wrong shown me.
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romy
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Collateral (COL) in Liquidation
I wonder ...
Sept 26, 2017 22:12:30 GMT
via mobile
Post by romy on Sept 26, 2017 22:12:30 GMT
That's quite some rock!
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romy
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Post by romy on Aug 18, 2017 10:17:00 GMT
... or of course if the buyer was nice and friendly to the tenant they might decide they'll move out...
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romy
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Post by romy on Jul 30, 2017 18:05:24 GMT
My understanding is that :- "The borrower has already Exchanged contracts with a prospective purchaser who have paid a deposit with a long completion" so borrower and presumably moneything know exactly what someone is prepared to pay currently ! It would be interesting to know how long the "long completion" is MoneyThingIf contracts are already exchanged then surely that limits our exposure to any changes in legislation ( though accept that current public discussions may make people wary of the whole area)
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romy
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Post by romy on Jul 20, 2017 18:30:04 GMT
I could, with equal veracity, contend that my decision to not immediately harass COLL but give them time to prioritise and concentrate on the immediate actions they needed to take, together with my total lack of ranting on this forum has resulted in a very constructive email and default column. Cause/effect...?...
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romy
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Post by romy on Jun 19, 2017 18:48:07 GMT
I think the problem is we don't have a Bank Holiday here!!
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romy
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Post by romy on May 22, 2017 14:18:36 GMT
Seems logical, fine for me.
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romy
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Post by romy on May 9, 2017 15:37:21 GMT
The MT limit was said to be 60% LTV (or 62.5) whereas Coll have gone for 69% plus of course, valuation ~0.8 million higher for Coll in the year and a bit since MT last valued...
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romy
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Post by romy on Apr 15, 2017 11:54:54 GMT
I do find the use of the word "luckily" in the recent update unfortunate. Sounds rather like they've been doing a dance round the office - whopee, for once there's enough equity to cover the loan,what luck...... Maybe it was just post ironic something or other
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