m2btj
Member of DD Central
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Post by m2btj on Oct 31, 2017 14:36:27 GMT
I share the valuers concerns regarding the narrowness & steepness of the site. This will add considerable cost to the build & will make the site less attractive if sold in the event of default. I think I'll give this one a miss.
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GeorgeT
Member of DD Central
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Post by GeorgeT on Oct 31, 2017 23:03:26 GMT
I share the valuers concerns regarding the narrowness & steepness of the site. This will add considerable cost to the build & will make the site less attractive if sold in the event of default. I think I'll give this one a miss. Fair enough but I took the view that it will probably be very sellable in about 3 months time and with 6 months interest deducted from the loan upfront, it was a runner with me. Not in the same class as yesterday's Blackpool offering though.
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Post by dan1 on Jun 7, 2018 16:04:50 GMT
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Post by mrclondon on Jun 12, 2018 14:45:52 GMT
Now fully funded on FS, and awaiting drawdown.
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sqh
Member of DD Central
Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
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Post by sqh on Aug 30, 2018 10:46:32 GMT
FYI MonetusThis loan passed to FS and drewdown in mid June 2018. The development has progressed and a 2nd tranche is now available on FS. I wasn't in COL loan BL00073, but I really would like to know if anyone in the loan has heard from BDO. Is this the sort of question a committee member could shed light on ?
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dawn
Member of DD Central
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Post by dawn on Aug 30, 2018 10:50:55 GMT
FYI Monetus This loan passed to FS and drewdown in mid June 2018. The development has progressed and a 2nd tranche is now available on FS. I wasn't in COL loan BL00073, but I really would like to know if anyone in the loan has heard from BDO. Is this the sort of question a committee member could shed light on ? I was / am in BL00073 and I have heard nothing about it from BDO.
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Monetus
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Post by Monetus on Aug 30, 2018 11:16:31 GMT
FYI Monetus This loan passed to FS and drewdown in mid June 2018. The development has progressed and a 2nd tranche is now available on FS. I wasn't in COL loan BL00073, but I really would like to know if anyone in the loan has heard from BDO. Is this the sort of question a committee member could shed light on ? The primary responsibility of committee members is to attend and represent investors interests at regularly-scheduled committee meetings. The first of these won't be held until the end of September from what I'm hearing so until then we know exactly as much as everyone else. BDO may consult with us and use us as a general "sounding board" from time to time outside of these meetings if required. However, I very much doubt they would give us specific information in regards to individual loans that would be releasable in the public domain.
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