shimself
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Post by shimself on Feb 23, 2017 9:47:07 GMT
Morning shimself , Regarding the valuation report, the valuer has confirmed to Relendex that the present value has been unchanged from previous valuation carried out by him for a different Lender some time ago. His formal report addressed to us is expected next week. A formal Valuation Report addressed to the Lender group (via Relendex) confirming the valuation figure is a condition precedent before loan completion and any drawdown. As for our Q&A page, it's been renamed FAQ so maybe that's why you missed it? relendex.com/faqRegards, WengYee I would have to read the valuation before investing, if only to look at the range of valuations (90 day for example) Q&A is where potential investors can ask questions about a particular loan; it is really important for me, so I can benefit from other peoples' expertise and vice versa (for example it is how I learned about valuation assumptions). Using this site to ask questions is definitely second best, having a Q&A onsite is important, and I am pretty sure you used to have one.
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shimself
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Post by shimself on Feb 22, 2017 17:43:11 GMT
Alos is there a Q&A somewhere on the site please, I'm sure there used to be
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shimself
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Post by shimself on Feb 22, 2017 17:33:24 GMT
We have just listed a new loan for a Liverpool Mixed Use property 8.5% for 24 months at 52% LTV. ( trading.relendex.com/marketplace) ... P.S: We also have new pages up with more details on both Completed Auctions and Coming Soon auctions if anyone wants to have a nosy round. Is it possible to read the valuation documents please (I'm probably blind)
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shimself
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Post by shimself on Feb 22, 2017 17:12:25 GMT
barclays would open an account for me, but I would need to maintain a balance of 25k permanently.... it would be much easier (only in this regard) if I lived in the EU.. Is this a typo - if you are outside EU then I have no idea. I'm asking around in expat places for the latest
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shimself
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Post by shimself on Feb 22, 2017 17:08:20 GMT
The colleague who didn't know yr name is called David (and he told me he is the main KYC processor). Are you an investor in PC or an employee or are you a sub contract sort of marketing person, and are you really working from Singapore?
When I say your kyc is more onerous than a high street bank I'm suggesting that you want to relook at it. Are you able to confirm UK based investors straight of the screen or do they too have to send in certified documents? Going beyond the legal requirement and thus making yourselves hard to invest in somewhat deters me because I take it as a lack of customer focus, as does giving me a telling off here.
If it's all a big secret, more particularly if your borrower wants it all to be a big secret, ok fair enough. If it's you just acting all posh, "some might consider sensitive" well silly
As for the exit fee, I have an email from me to your Ain Molenb***** in Aug 2014, where I asked about it. I don't have whatever it was he sent me at that time, even I empty the trash bin from time to time.
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shimself
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Post by shimself on Feb 22, 2017 10:38:50 GMT
As you know your KYC is not easy, and is definitely gold plated and more onerous than others require. (institutional grade yadda yadda, it's more than high street banks have required). Anyway, what's bugging me is that I can't even look at the detail of the proposi tion until I've got through this. That's actually obstructive. I understand that accepting money imposes certain duties, but letting me have a nose around need not be made so difficult. After that, I made a note some time ago about a £500 exit fee. Any idea what it is I am thinking of? Alos for the record - when I phone the office they claimed never to have heard of Charles?
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shimself
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Post by shimself on Feb 22, 2017 8:23:17 GMT
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shimself
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Post by shimself on Feb 21, 2017 17:35:59 GMT
I've tried to be persuaded but you make KYC/identity so much harder than anyone else does I have given up (as I have emailed you to say). I live outside UK in EU but have UK passport and bank account
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shimself
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Post by shimself on Feb 21, 2017 17:02:17 GMT
Landbay still offer LIBOR+3% fair point and true , but I'm at my personal limit with landbay
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shimself
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Post by shimself on Feb 21, 2017 14:29:48 GMT
To turn this around: How do I open a UK sterling account with a UK bank online (that is without showing up). Do I write to the UK ombudsman, or is there any guide how to do that? And I mean a normal (basic) current account. Not one of this ridiculous high fee expat once. Try yorkshire bank ybonline.co.uk q 1 ru >18 q2 do you live in uk if no then call us. so there is hope
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shimself
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Post by shimself on Feb 20, 2017 20:03:36 GMT
The only libor linked bond, the virgin one, was repaid today, leaving a grand selection of NONE. Boo Hiss.
Oh and if you do manage to trawl any more up please let me know where to check to see if they are susceptible to early repayment (like just as they become tasty for example)
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shimself
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Post by shimself on Feb 18, 2017 18:56:13 GMT
, isn't there an EU regulation that banks must offer a "vanilla" account to anyone from another EU territory. Nearly all banks won't open account for non-residents online (at least if you don't show up in the branch in person). That's why I suggested N26 as one (future) option. They do open accounts for residents of France btw. Well EU law says it has to be possible, eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32014L0092&from=ENThis was a big deal for expat Brits who found a need to open a UK bank account and were getting stiffed. Problem now fixed I think. If one doesn't much like N26 who in Germany do you like oh Wise one?
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shimself
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Post by shimself on Feb 18, 2017 16:07:11 GMT
I think the OP wants an account where s/he isn't forever changing GBP-EUR and back again,
Thinking about it some more, isn't there an EU regulation that banks must offer a "vanilla" account to anyone from another EU territory. In which case you have a lot of choice (get in during next three weeks before Mrs May signs the suicide note).
In general terms I advise against French banks, expensive and inefficient. I can't think where to ask around for the best bank in all of EU. I kind of think avoid Baltic states in case Mr Putin gets the wink from DT.
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shimself
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Post by shimself on Feb 18, 2017 10:59:33 GMT
I am a UK based account holder currently investing with 4 Euro sites. ........
Are there better methods for UK based investors, particularly the ability to hold some form of Euro account?...........
www.hsbc.co.uk/1/2/currency-account other banks also exist
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shimself
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Post by shimself on Feb 18, 2017 10:53:29 GMT
I gotta be honest, I put a very small amount in TC some time ago, and never returned. I like my P2P relatively simple, like me really, and just found that I needed a near PhD to understand their website/offerings. Bit of a thicko me. Nobody can defend the website. The IP and q&a however are about the best you can find
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