rogerthat
Member of DD Central
Posts: 2,048 
Likes: 1,994
|
Post by rogerthat on Sept 19, 2019 15:38:35 GMT
If you haven't checked out the rightmove listing you REALLY should, it's very very funny. Even disregarding the issues with multiple floor levels it's the worst kitchen design I have ever seen and just has 2 stud wall rooms built in the middle for no reason.... truly terrible, what could they have been thinking??? Edit: Also hilariously I only just noticed picture 13 is the same as picture 12 but they've photoshopped it to be a nicer day hhahahahahaha Verily..The Lord does move in mysterious ways..frankly as long as it sells I couldn't give a stuff
|
|
coop
Member of DD Central
Posts: 714
Likes: 571
|
Post by coop on Sept 20, 2019 9:05:30 GMT
If who ever buys it has any sense they'll rip it all out and start anew...
|
|
|
|
Post by mrclondon on Nov 13, 2019 14:57:19 GMT
Loan has been defaulted on the website.
|
|
adrian77
Member of DD Central
Posts: 3,920
Likes: 4,145
|
Post by adrian77 on Nov 13, 2019 17:00:03 GMT
This is one of the few FS loans I think has a good chance of coming good - granted it will need a quick sale and reducing in price to reflect the cost of ripping out the "work" and starting from scratch - should have been defaulted last November...
|
|
|
|
Post by spareapennyor2 on Dec 5, 2019 17:36:01 GMT
Sold prior
just in on the auction
160K STC on estate agent
|
|
iRobot
Member of DD Central
Posts: 1,680
Likes: 2,477
|
Post by iRobot on Dec 5, 2019 17:49:10 GMT
Sold prior just in on the auction 160K STC on estate agent "Sold prior" - let's just hope the 'potential buyers' have been properly vetted to warrant it not progressing to auction! 
|
|
adrian77
Member of DD Central
Posts: 3,920
Likes: 4,145
|
Post by adrian77 on Dec 5, 2019 17:49:47 GMT
said it would come good so pleased for the investors! Sadly not very happy about most of the other properties...
|
|
rogerthat
Member of DD Central
Posts: 2,048
Likes: 1,994
|
Post by rogerthat on Dec 5, 2019 18:00:30 GMT
160K..its a snip really for such a fine old building..in its current layout though I dread to think what the heating bill will be..still it'll be a monkey off my back...if the buyer actually coughs up.  |
|
rogerthat
Member of DD Central
Posts: 2,048
Likes: 1,994
|
Post by rogerthat on Jan 17, 2020 11:16:36 GMT
No email notification as yet :-
1 hour ago
The borrower has agreed a new sale and we are awaiting confirmation for a date of completion.
With all these monkeys and I should have started a zoo
|
|
michaelc
Member of DD Central
Say No To T.D.S.
Posts: 5,722
Likes: 2,988
|
Post by michaelc on Jan 18, 2020 15:11:23 GMT
160K..its a snip really for such a fine old building..in its current layout though I dread to think what the heating bill will be..still it'll be a monkey off my back...if the buyer actually coughs up. And if the returns are not pooled to be split up among all creditors. 
|
|
rogerthat
Member of DD Central
Posts: 2,048
Likes: 1,994
|
Post by rogerthat on Jan 19, 2020 12:04:17 GMT
160K..its a snip really for such a fine old building..in its current layout though I dread to think what the heating bill will be..still it'll be a monkey off my back...if the buyer actually coughs up. And if the returns are not pooled to be split up among all creditors. Then I guess only those that invested in the loan will get something back or am I missing something ?
|
|
jonno
Member of DD Central
nil satis nisi optimum
Posts: 2,809
Likes: 3,243
|
Post by jonno on Jan 19, 2020 12:36:08 GMT
And if the returns are not pooled to be split up among all creditors. Then I guess only those that invested in the loan will get something back or am I missing something ? I'm not in this, but that is precisely what SHOULD happen.
|
|
morris
Member of DD Central
Posts: 272
Likes: 155
|
Post by morris on Jan 22, 2020 12:25:53 GMT
Capital repaid in full. interest paid at 9.5% on a 12% loan.
|
|
adrian77
Member of DD Central
Posts: 3,920
Likes: 4,145
|
Post by adrian77 on Jan 22, 2020 13:17:21 GMT
at least a relatively good result as we expected - be interested to see what this went for. I ask because I think any profit is returned to the borrower. I wonder why the administrator did not charge all his expenses to the borrower and return 12% to the lenders? I realise they are working to a model but it seems very unfair to me that the lenders here are penalised as it were. Hopefully we will soon get a detailed explanation
|
|
rogerthat
Member of DD Central
Posts: 2,048
Likes: 1,994
|
Post by rogerthat on Jan 22, 2020 13:32:16 GMT
Well I suppose I ought to say im delighted..full capital £500 + £81.31 int.[was £87.45 as at 24/10/19]..and in IFISA too..but my elation is tempered by what is yet to unfold..still, might as well enjoy the moment..  I see someone has worked it out at 9.5% int..in the circumstance I'd love to know if there was an easy way to work that out but I think I'll just be grateful and leave it at that. |
|
I see someone has worked it out at 9.5% int..in the circumstance I'd love to know if there was an easy way to work that out but I think I'll just be grateful and leave it at that.