johni
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Post by johni on Dec 20, 2017 10:57:38 GMT
Looks like underwriters used to enable drawdown
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Post by swissbankers on Dec 20, 2017 10:58:42 GMT
Yes that probably explains it, I was a bit puzzled
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msenanna
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Post by msenanna on Dec 20, 2017 12:12:44 GMT
Looks like underwriters used to enable drawdown Is this normal/allowed/the done thing? Not seen this happen before although I appreciate I've only been investing in MT for 6 months.
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m2btj
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Post by m2btj on Dec 20, 2017 12:26:35 GMT
It appears to be limping a bit on the SM too.
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Post by mrclondon on Jan 15, 2018 17:33:56 GMT
The extra info requested by the council was sent on the 12th December and is now on the planning portal. It took about 3 weeks for the council to reply last time so perhaps early January for a reply. Planning portal now shows the application to discharge the condition regarding the kitchen ventilation and extraction system as "Application Permitted", dated 5th Jan 2017 (typo - clearly should be 2018)
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drgonzo
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Post by drgonzo on Jan 31, 2018 15:03:25 GMT
Some new interior photos added to the loan update today. I like what they are going for here... still a way to go until completion though. My money is on a late-spring opening.
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stokeloans
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Post by stokeloans on Jan 31, 2018 15:14:24 GMT
Some new interior photos added to the loan update today. I like what they are going for here... still a way to go until completion though. My money is on a late-spring opening. What is it 'they are going for' ?
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drgonzo
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Post by drgonzo on Jan 31, 2018 16:44:03 GMT
Some new interior photos added to the loan update today. I like what they are going for here... still a way to go until completion though. My money is on a late-spring opening. What is it 'they are going for' ? Sorry, yes, that was a bit vague! I was referring to the 'indoor street' theme, with store-fronts in different architectural period styles - I think it will look quite cool once it's complete. Hopefully the local antique dealers will agree.
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stokeloans
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Post by stokeloans on Jan 31, 2018 17:20:48 GMT
What is it 'they are going for' ? Sorry, yes, that was a bit vague! I was referring to the 'indoor street' theme, with store-fronts in different architectural period styles - I think it will look quite cool once it's complete. Hopefully the local antique dealers will agree. Has that been mentioned before then ? I thought they were leaving it as 1 large room with areas marked on the floor as most of these other centres seem to do Edit : Just checked out there website and it does say individual shops as well as cabinets etc.
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ptr120
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Post by ptr120 on Jan 31, 2018 17:48:00 GMT
"The final works are being completed ready for launch later this month".
So before midnight tonight?
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r00lish67
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Post by r00lish67 on Jan 31, 2018 18:03:39 GMT
"The final works are being completed ready for launch later this month". So before midnight tonight? Their twitter comment from yesterday indicates opening 'soon' , so I rather doubt it. How soon is soon? Well, they also said they were opening 'soon' on March 27th, so I'm not going to hazard a guess.
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jlend
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Post by jlend on Jan 31, 2018 18:23:54 GMT
"The final works are being completed ready for launch later this month". So before midnight tonight? Their twitter comment from yesterday indicates opening 'soon' , so I rather doubt it. How soon is soon? Well, they also said they were opening 'soon' on March 27th, so I'm not going to hazard a guess. Someone asked on their twitter account today: "It will be within the coming months - watch out for our announcements on here and FB!"
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Post by Deleted on Apr 10, 2018 15:42:58 GMT
"Borrower is hoping to be in a position to open on the 7th April or the week after. MoneyThing will look to visit the site within the next fortnight and should then be in a position to report back the anticipated opening date." 6/3/18 Very excited that this is going to open three days ago...............holding breath MoneyThing perhaps an update is in order
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Post by MoneyThing on Apr 10, 2018 16:03:19 GMT
"Borrower is hoping to be in a position to open on the 7th April or the week after. MoneyThing will look to visit the site within the next fortnight and should then be in a position to report back the anticipated opening date." 6/3/18 Very excited that this is going to open three days ago...............holding breath MoneyThing perhaps an update is in order Afternoon bobo. We met the borrower on site this afternoon and will put an update out on this loan tomorrow. Regards, Ed
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ptr120
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Post by ptr120 on Apr 11, 2018 21:17:00 GMT
Update posted. Now non performing, awaiting funds to cover the monthly interest payment from an offshore trust and opening further delayed. Further funds are required to complete and there is still no lift in the property. I hope that this isn't going to add to the list of MT defaults.
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