bababill
Member of DD Central
Posts: 526
Likes: 245
|
Post by bababill on Nov 16, 2021 23:16:53 GMT
Are these VAT loans based on the property transaction being VAT exempt and the borrower is claiming a refund ?
Or is the borrower reclaiming VAT against VAT paid on goods and services ? I'm guessing the first one.
You guessed right. Read "https://www.proplend.com/news/vat-due-on-commercial-property/" as I fear you may be misunderstanding the concept of input/output related to VAT. These properties are not VAT exempt and hence why VAT is payable.
|
|
bababill
Member of DD Central
Posts: 526
Likes: 245
|
Post by bababill on Oct 29, 2021 0:41:06 GMT
Any update on this ? The results of the restructuring plan was posted on Oct 23.
|
|
bababill
Member of DD Central
Posts: 526
Likes: 245
|
Post by bababill on Oct 26, 2021 7:35:14 GMT
It is back... (was a Lendy borrower also fyi).
|
|
bababill
Member of DD Central
Posts: 526
Likes: 245
|
Post by bababill on Oct 18, 2021 22:36:26 GMT
Property Alert reference: 1929394
There has been activity on the following property for which you have requested a Property Alert notification.
Property address: xxxxxx, Margate (xxxxx)
Title number: K95455
The activity details are:-
Search lodged by SHAKESPEARE MARTINEAU LLP
On: 18.Oct.2021 At: 15:11:33
Customer reference: 996859.441/HMP.SXG
HM Land Registry reference: 138A0JN
To protect a pending: Charge
In favour of: ASSETZ CAPITAL TRUST COMPANY LIMITED
|
|
bababill
Member of DD Central
Posts: 526
Likes: 245
|
Post by bababill on Oct 14, 2021 7:55:25 GMT
I’m sure there is a thread for it somewhere but I can’t find it. Anyhow I’m just copying and pasting someone’s post from the AC thread.
“ Margate hotel from PL was due to refinance with AC today, thats the one listed as being in the medical sector....”
|
|
bababill
Member of DD Central
Posts: 526
Likes: 245
|
Post by bababill on Oct 14, 2021 1:07:55 GMT
If one makes a bid using Self-Select does they receive an email if unsuccessful?
I just want to double check I am doing things correctly.
|
|
bababill
Member of DD Central
Posts: 526
Likes: 245
|
Post by bababill on Oct 8, 2021 7:14:34 GMT
|
|
bababill
Member of DD Central
Posts: 526
Likes: 245
|
Post by bababill on Oct 6, 2021 2:05:10 GMT
Maximum bid 3k. Has this loan sold out? Can I take an additional slice above and beyond my initial 1k?
|
|
bababill
Member of DD Central
Posts: 526
Likes: 245
|
Post by bababill on Oct 3, 2021 1:34:00 GMT
Northhampton has not run yet for self select.
I received none in full autolend for Peterborough FYI. So having full autolend on does not automatically warrant a slice.
|
|
bababill
Member of DD Central
Posts: 526
Likes: 245
|
Post by bababill on Oct 2, 2021 0:16:20 GMT
The upcoming Strand Refinance is changing from a term loan to a 18 month interest reserve loan (plus 3 month cushion). I wonder why? Would it be safe to presume they are having trouble financing the interest? However seems unlikely since all payments have been made on time.
Also one of the directors was terminated yesterday however I suspect this is a non issue.
However accounts are very very late too.
|
|
bababill
Member of DD Central
Posts: 526
Likes: 245
|
Post by bababill on Oct 1, 2021 1:03:06 GMT
For the people that are withdrawing are you not planning on investing in the upcoming Northampton loan? I have increased my maximum investment per loan to try and reinvest the proceeds asap especially since the Northampton loan is likely to have 3k or greater bid limits.
|
|
bababill
Member of DD Central
Posts: 526
Likes: 245
|
Post by bababill on Sept 30, 2021 6:26:32 GMT
What makes you think it is related to this, the amount ? I reckon there are a lot of people and businesses with a lot more.
Correct. I can't imagine many people with more then the maximum bid limits of 1000 GBP. I think Berkhamsted alone had 16k offering which seems too much of a coincidence of people to be offloading at once. Even if people had say two accounts then it is still 8 people/businesses offering at once. I know we all have the sheep mentality but...... I am a grasping at straws and trying to makes sense out of it. FYI, the other loans were Donny and Birm land.
|
|
bababill
Member of DD Central
Posts: 526
Likes: 245
|
Post by bababill on Sept 29, 2021 7:56:32 GMT
|
|
bababill
Member of DD Central
Posts: 526
Likes: 245
|
Post by bababill on Sept 27, 2021 22:16:11 GMT
overthehillcheck out the Peter land refinance FLR Under Exit Fee--..... interesting.. I have never seen this before....
|
|
bababill
Member of DD Central
Posts: 526
Likes: 245
|
Post by bababill on Sept 26, 2021 22:16:02 GMT
Good borrower with a good track record speaks volumes.
|
|