chunkie
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Post by chunkie on Oct 20, 2017 21:13:47 GMT
Me neither but I'm retired so I go into the website daily and I'll still be able to check the recent updates tab for all loans (which Paul implies will still be available to all).
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chunkie
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Post by chunkie on Oct 7, 2017 16:48:46 GMT
If my arithmetic is correct, since end Sept Lendy has had 9.4 million repaid and paid out 1.5 million in interest but the SM has only reduced ca. 1.7 million. Assuming there have been some new investors then ca. 10 million in "old money" has left the platform; is that about right?
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chunkie
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Post by chunkie on Sept 28, 2017 1:37:19 GMT
I'm walking too. Anyone have recommendations where to park our cash? I'd settle for 10% providing the lender is more professional than FS and L***y.
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chunkie
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Post by chunkie on Sept 27, 2017 12:15:38 GMT
I'm happy to say I got out shortly after "defaults" hit 12% (except for GBP200 in the 3-4million home in Surrey). I'm also winding down my FS holdings. Any suggestions where to park my money? I'd be happy with 10%.
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chunkie
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Post by chunkie on Sept 22, 2017 13:23:30 GMT
I couldn't find an existing thread on this loan, is there one? I did find a 2013 press article which reads "A FIRE damaged mansion has (already) been transformed into luxury houses in a remarkable restoration project. Former nursing home G**********h House, a Grade II listed Victorian building in A******e, was wrecked by arsonists five years ago. Now developers have turned it into townhouses and built six more exclusive houses in the grounds, now named G**********h Park".
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chunkie
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Post by chunkie on Sept 17, 2017 21:55:41 GMT
I'm not an investor in this loan but am interested if the turbine is the same one reported in the Belfast Telegraph in Feb 2007 as "Wind turbine collapses as storms batter Northern Ireland"?
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chunkie
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Post by chunkie on Aug 10, 2017 14:47:43 GMT
£2.7 million at present but I'm still concerned about "defaults" which continue to hover over 12% (of "live" plus "defaults"),
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chunkie
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Post by chunkie on Jul 11, 2017 16:31:12 GMT
And if didn't sell for 2.5 million in the two years it was listed then we should assume it is not worth 2.5 million.
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chunkie
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Post by chunkie on Jul 11, 2017 13:03:38 GMT
Now relisted as loan number 2548652565
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chunkie
Member of DD Central
Posts: 121
Likes: 83
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Post by chunkie on Jul 4, 2017 19:55:50 GMT
I Googled the address only to find what seems to be this property was marketed in July 2015 and April 2016 for GBP 2.5 million. The current valuation is GBP 3.9 million. Seems a stretch to me. A second charge is too risky for me.
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chunkie
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Likes: 83
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Post by chunkie on Jun 12, 2017 13:31:17 GMT
Looks like the defaults will reach GBP 23 million this week.
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chunkie
Member of DD Central
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Likes: 83
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Post by chunkie on Jun 12, 2017 13:26:46 GMT
Defaults now at £20,327,500 (12.32%) and another £2,940,000 imminent.
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chunkie
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Post by chunkie on Jun 11, 2017 13:16:39 GMT
CD was correct of course but today it's £ 18,437,500 (9.76%) and another £ 4,830,000 imminent which may take it over 12%.
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chunkie
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Likes: 83
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Post by chunkie on Jun 10, 2017 13:20:37 GMT
Defaults now 9.29% (of live and default loans)
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chunkie
Member of DD Central
Posts: 121
Likes: 83
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Post by chunkie on Jun 6, 2017 13:16:24 GMT
SM now at GBP 6.4 million
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