Investboy
Member of DD Central
Trying to recover from P2P revolution
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Post by Investboy on Aug 10, 2016 12:35:38 GMT
I can't see anything more relevant for this loan so reviving this old thread...
I've just purchased a £40 part in this loan. But how is it possible that Loan 505k on Value 3,300k gives LTV 59%? So either LTV is 15% or Value is 856k.
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SteveT
Member of DD Central
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Post by SteveT on Aug 10, 2016 12:41:04 GMT
I can't see anything more relevant for this loan so reviving this old thread... I've just purchased a £40 part in this loan. But how is it possible that Loan 505k on Value 3,300k gives LTV 59%? So either LTV is 15% or Value is 856k. It's a 2nd Charge behind the 1st Charge of £1.45m
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