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Post by Deleted on Jun 8, 2018 12:29:41 GMT
Hi Filip,
anything in the pipeline you can tell us about?
Thanks
Hi baldpate, I am currently away on holiday and will provide an update over the weekend. Regards, Filip
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Post by Deleted on Jun 10, 2018 8:48:31 GMT
Good morning all,
We currently have around three bridging loans in the pipeline. However, they are still in an early stage of assessment and the earliest that any of these loans could be made available for investment is towards end of this month (if at all).
I will provide an further update when there is more clarity on when any of these loans could be made available for investment.
Regards,
Filip
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rgog
Member of DD Central
Posts: 95
Likes: 70
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Post by rgog on Jul 2, 2018 12:15:24 GMT
Afternoon Filip, any further update on forthcoming loans?
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Post by Deleted on Jul 2, 2018 12:40:59 GMT
Afternoon Filip, any further update on forthcoming loans?
Hi rgog, Thank you for your comment. We're working on potential loans but I am unable to confirm or commit to any preliminary dates yet as things are progressing slower than usually (part due to the summer holidays). I will provide an update once we are fairly confident that a loan might become available for investment. Regards, Filip
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Post by Deleted on Jul 20, 2018 13:54:46 GMT
Hi all, We are preliminary preparing to launch a new loan next week with the following details (all subject to change): - Gross loan amount: £98k
- Gross LTV: 70%
- Annulised rate: 9.5%
- Loan term: 6 months
- Security property: commercial unit in Leicester
- Purpose of loan: to purchase the security property
The borrower is a SPV and the SPV's sole Director is the same borrower as in the previous platform loan "The Broadway".
Commitment restrictions will apply for each acocunt for a certain time period.
Have a great weekend all.
Regards,
Filip
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markyg61
Member of DD Central
Posts: 340
Likes: 237
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Post by markyg61 on Jul 28, 2018 7:09:30 GMT
@filipkaradaghi,
I have spare cash available, anything likely to come up in the next two weeks ?
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Post by Deleted on Jul 28, 2018 12:28:53 GMT
@filipkaradaghi , I have spare cash available, anything likely to come up in the next two weeks ? Hi markyg61, We have a few loans in the pipeline but it is bit too early to say when (and if) they are likely to materialise. It should become clearer in the next week and I will provide an further update then. Regards, Filip
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Post by Deleted on Aug 3, 2018 9:39:21 GMT
@filipkaradaghi , I have spare cash available, anything likely to come up in the next two weeks ? Hi markyg61, We have a few loans in the pipeline but it is bit too early to say when (and if) they are likely to materialise. It should become clearer in the next week and I will provide an further update then. Regards, Filip Hi all, Unfortunately, I have no material update to provide - we are still working on few loans and as most of them are second charges, agreeing an appropriate structure takes time. I will provide an further update next week. Regards, Filip
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markyg61
Member of DD Central
Posts: 340
Likes: 237
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Post by markyg61 on Aug 3, 2018 13:24:09 GMT
Thanks @filipkaradaghi for keeping us updated. Any info is better than no info.
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Post by Deleted on Aug 10, 2018 14:04:03 GMT
Hi all,
No material updates this week either.
However, we are heavily expanding our loan origination capabilities and it should begin materialising shortly and in time once the market pickups again.
Have a great weekend all.
Regards,
Filip
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Post by Deleted on Aug 31, 2018 11:19:25 GMT
Hi all, Just a update on the pipeline before the weekend: - Refinancing of a platform loan is expected next week (the loan that matures next Monday) - 24 hour priority will be given to current loan's investors and no commitment restrictions will apply after 24 hours.
- Still working on a potential refinancing of C*are St (updated valuation report expected end of next week) - the loan could be larger as the borrower is seeking additional funds for further refurbishment of the security property and we are awaiting the valuation report prior to agreeing on the loan amount
- Have issued terms on few other loans but still very early stages.
We're also planning a crowdfunding raise in next few weeks, with the main purpose to raise funds being to expand our loan origination and management capacity further.
Have a great weekend.
Regards,
Filip
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Post by Deleted on Sept 7, 2018 9:41:07 GMT
Hi all, Just a update on the pipeline before the weekend: - Refinancing of a platform loan is expected next week (the loan that matures next Monday) - 24 hour priority will be given to current loan's investors and no commitment restrictions will apply after 24 hours.
- Still working on a potential refinancing of C*are St (updated valuation report expected end of next week) - the loan could be larger as the borrower is seeking additional funds for further refurbishment of the security property and we are awaiting the valuation report prior to agreeing on the loan amount
- Have issued terms on few other loans but still very early stages.
We're also planning a crowdfunding raise in next few weeks, with the main purpose to raise funds being to expand our loan origination and management capacity further.
Have a great weekend.
Regards,
Filip
Hi all, Just a quick update that pre-commitments for the loan that matured Monday this week will be launched Monday around 11am next week as the target completion date for legals is Tuesday next week. Regards, Filip
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Post by Deleted on Sept 10, 2018 9:18:49 GMT
Hi all, Just a update on the pipeline before the weekend: - Refinancing of a platform loan is expected next week (the loan that matures next Monday) - 24 hour priority will be given to current loan's investors and no commitment restrictions will apply after 24 hours.
- Still working on a potential refinancing of C*are St (updated valuation report expected end of next week) - the loan could be larger as the borrower is seeking additional funds for further refurbishment of the security property and we are awaiting the valuation report prior to agreeing on the loan amount
- Have issued terms on few other loans but still very early stages.
We're also planning a crowdfunding raise in next few weeks, with the main purpose to raise funds being to expand our loan origination and management capacity further.
Have a great weekend.
Regards,
Filip
Hi all, Just a quick update that pre-commitments for the loan that matured Monday this week will be launched Monday around 11am next week as the target completion date for legals is Tuesday next week. Regards, Filip Hi all, Today's scheduled 11am pre-commitment launch could be delayed as we are still awaiting one final detail prior to being able to launch. All investors in this loan will receive an email once the loan is made available. Regards, Filip
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Post by Deleted on Sept 12, 2018 12:16:46 GMT
Hi all, Just a quick update that pre-commitments for the loan that matured Monday this week will be launched Monday around 11am next week as the target completion date for legals is Tuesday next week. Regards, Filip Hi all, Today's scheduled 11am pre-commitment launch could be delayed as we are still awaiting one final detail prior to being able to launch. All investors in this loan will receive an email once the loan is made available. Regards, Filip Hi all, By way of update, the loan is additionally delayed as the borrower has requested additional funds which we have preliminary offered (as the LTV has been reduced since original loan). Further, still waiting for C*are St valuation report prior to being able to proceed and have another loan in legals which we aim to launch in next couple weeks (subject to legals). Regards, Filip
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Post by bobbobbob on Oct 8, 2018 9:45:49 GMT
Hi Felip,
Any news on some fresh loans or being refinanced? There are quite a few coming up for completion and looking for opportunities to invest.
Thanks
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