sirius
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Post by sirius on Sept 11, 2017 21:38:34 GMT
"....We have been promised ..........."
Oh, no!; what has happened to the ubiquitous, "We have been advised..."?
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sirius
Member of DD Central
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Post by sirius on Sept 11, 2017 21:27:39 GMT
I would imagine that like myself, quite a few have reached their personal limits on this loan.
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sirius
Member of DD Central
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Likes: 141
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Post by sirius on Sept 8, 2017 14:48:13 GMT
comment removed.
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sirius
Member of DD Central
Posts: 161
Likes: 141
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Post by sirius on Aug 31, 2017 15:18:05 GMT
Hi chielamangus
Your comment......." Is there anyone out there who first invested in P2P lending after following this forum for a while?"
I watched this forum for about 3 months before dipping my toe into P2P and thanks to the unselfish sharing of information and advice available here, which I have selectively followed, I have (yet) to lose a penny in nearly a year.
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sirius
Member of DD Central
Posts: 161
Likes: 141
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Post by sirius on Aug 29, 2017 18:48:02 GMT
This loan looked, on the surface, interesting. However, I finished reading the valuation report some time ago, but I have only now stopped laughing enough to be able to press the right keys on the keyboard!
What with the photographs, the valuers prose, the saga of the price reductions, sudden interest, counter offer and more.......priceless, you MUST read it!
ps I just love the master bedroom.
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sirius
Member of DD Central
Posts: 161
Likes: 141
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Post by sirius on Aug 27, 2017 8:05:52 GMT
Ed
I too re-iterate that it is your willingness to engage, inform and respond that has made me want to invest more and more in MT. It inspires the confidence to invest that I seem unable to feel with many other platforms.
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sirius
Member of DD Central
Posts: 161
Likes: 141
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Post by sirius on Aug 24, 2017 19:39:10 GMT
Hi
Having read through the documents, especially the Profit/Loss statement for September last year showing nearly a quarter of a million pound loss in that month alone, I find it somewhat laughable to see the statement from someone at Assetz nearly one year later:
"....Steps taken by the Directors
The Directors have been quick (emphasis mine) to identify the delays and have responded to the issue by taking the following steps:........"
Admittedly, they did make £40k profit in June this year but they have a long, long way to go to get anywhere near their loan repayments.
What are other lenders views concerning the deferred payments on this loan?
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sirius
Member of DD Central
Posts: 161
Likes: 141
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Post by sirius on Aug 24, 2017 17:41:39 GMT
applets
With regard to an ongoing loan, the T&C's can be changed, but only on an indivdual basis and by mutual consent.
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sirius
Member of DD Central
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Post by sirius on Aug 24, 2017 17:30:58 GMT
applets
You stated: ".......................The terms and conditions are supposed to have a basis in law and not just changed like this. Perhaps you should speak to your solicitors first ......"
Wise advice, the T&C's form the very foundation of any contract.
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sirius
Member of DD Central
Posts: 161
Likes: 141
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Post by sirius on Aug 24, 2017 17:13:35 GMT
new2p2p
I do not think you are wrong. I did my DD yesterday on this and came to the same conclusions as you.
I too have a bedroom bigger than 218 sqft!
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sirius
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Post by sirius on Aug 16, 2017 10:45:35 GMT
jlend, that is certainly my experience too....it is the 'agreement of the parties' to the contract; new and specific terms and conditions which over-ride any previous agreement/contract.
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sirius
Member of DD Central
Posts: 161
Likes: 141
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Post by sirius on Aug 16, 2017 9:16:30 GMT
Maybe they did not pre-fund and so were within the £25 limit?
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sirius
Member of DD Central
Posts: 161
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Post by sirius on Aug 9, 2017 15:25:49 GMT
am
It is also conceivable, to some, that this 'school' will fly..............me, I prefer to back the pigs!
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sirius
Member of DD Central
Posts: 161
Likes: 141
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Post by sirius on Aug 8, 2017 20:02:52 GMT
In a nutshell GSV3MIaC.
£1 from me to watch the' fun'.
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sirius
Member of DD Central
Posts: 161
Likes: 141
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Post by sirius on Aug 7, 2017 11:41:56 GMT
I love this Forum and the number of knowledgable investors willing to impart and share that knowledge to lesser mortals like myself who, just when he thinks he is 'getting it' with regard to DD, suddenly finds, as with this loan, that there are yet more and more layers to the 'game'.
My sincere thanks to you all.
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