r1200gs
Member of DD Central
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Post by r1200gs on Dec 13, 2017 10:37:33 GMT
/Mod hat on pharcyde - your post has been merged into the existing thread for this loan. Btw you'll find an example of why someone is/was selling out at a loss further up the thread (see posts by syalith ) Thanks Dan. I'm another who first decided no, changed my mind and bought, then sold out at a loss. Good riddance to it and good luck to the buyer.
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syalith
Member of DD Central
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Post by syalith on Jan 17, 2018 14:25:40 GMT
The discount on this has now reached the maximum 1% so anyone who hasn't sold is now likely stuck with this until the end.
I managed to get all mine sold with minimal loss by undercutting the largest discount each time until it was all gone and I'm glad I did.
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Post by mrclondon on Jan 17, 2018 15:03:59 GMT
The discount on this has now reached the maximum 1% so anyone who hasn't sold is now likely stuck with this until the end. Equally as likely is at the beginning of the new tax year in April (if not before), IFISA purchasers will drive the discounts back down. The SM is particuarly swamped at present .... a BH has been offloading a six figure sum split across several loans recently, and the 31st Jan tax bill is looming large for many. I've been picking up quite a lot at very attractive discounts. That said, I'm not in this loan, have never been, and never will be.
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rogerthat
Member of DD Central
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Post by rogerthat on Jun 12, 2018 14:13:11 GMT
Renewal of (1132834090) with 1511664116
£286K @ 10% LTV 30.11% 14.00hrs 12/06/18 Quite surprised to see this has reached 63%...let my medium nibble lapse..second thoughts ?  |
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Post by mrclondon on Nov 13, 2019 14:34:09 GMT
Loan has been defaulted on the website.
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Post by spareapennyor2 on Apr 28, 2020 8:12:43 GMT
28th April 2020 at 12:30pm
All lots postponed until 02/06/2020
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pfffill
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Post by pfffill on Apr 28, 2020 10:56:01 GMT
28th April 2020 at 12:30pm All lots postponed until 02/06/2020 Maybe the borrower can give Network Rail a prod in the meantime.
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pfffill
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Post by pfffill on Apr 30, 2020 1:01:34 GMT
Update on website:
"The borrower has confirmed refinancing has been agreed, which will repay the loan in full. A payment on account in the sum of £36,000 was received as a non-refundable deposit to withdraw the property from auction, and completion of the refinance is anticipated for mid-May. The received funds will be held in the client account, awaiting the balance, at which time the loan will be closed.
If the loan is not refinanced in full by the end of May 2020, then the property will be re-entered into auction."
Amazing what a little coercion will do to hurry things along...
A ray of sunshine amongst the clouds.
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adrian77
Member of DD Central
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Post by adrian77 on Apr 30, 2020 8:05:53 GMT
nice one! Hopefully we will get a few more like this...
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morris
Member of DD Central
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Post by morris on Apr 30, 2020 12:06:06 GMT
The fact that he might lose a property with only 30% LTV does help focus the mind.
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Post by spareapennyor2 on May 22, 2020 12:24:05 GMT
now repaid
capital full interest 7.3% pa ( 73% of due )
17.5% fee /cost
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Post by waryinvestor on May 26, 2020 16:23:05 GMT
Strange that I never received an email update re this Loan, despite having a substantial amount. I have been receiving many other Loan Updates, incl the Granary one. Did anyone receive any emails or was it simply credited to Lenders' Accounts (I got my Capital and Part Interest though) ?
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arby
Member of DD Central
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Post by arby on May 26, 2020 21:32:11 GMT
Strange that I never received an email update re this Loan, despite having a substantial amount. I have been receiving many other Loan Updates, incl the Granary one. Did anyone receive any emails or was it simply credited to Lenders' Accounts (I got my Capital and Part Interest though) ?
I tend to get emails for updates, but I've noticed I don't get notified for repayments with no accompanying update
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pfffill
Member of DD Central
Posts: 175
Likes: 206
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Post by pfffill on May 27, 2020 1:24:11 GMT
Strange that I never received an email update re this Loan, despite having a substantial amount. I have been receiving many other Loan Updates, incl the Granary one. Did anyone receive any emails or was it simply credited to Lenders' Accounts (I got my Capital and Part Interest though) ?
I tend to get emails for updates, but I've noticed I don't get notified for repayments with no accompanying update No, I never received an email either, but have requested withdrawal of cash, now pending.
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Post by spareapennyor2 on May 27, 2020 6:43:21 GMT
email 22/5/20 13.05
then checked FS
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