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Post by mrclondon on Jan 24, 2018 19:33:45 GMT
From the loan description fundingsecure - are you aware that both planning applications have been marked as withdrawn (dated today 24th Jan) on Stratford-on-Avon Planning Portal ? (search on street name C******* B*** from pg 1 of VR, select page 2 of the results, select the final entry on page 2, then switch to the planning applications tab. A direct link is on DD Central for those with access) |
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steve11523
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Post by steve11523 on Jan 24, 2018 20:13:41 GMT
Well spotted. Thanks for the heads-up.
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michaelc
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Say No To T.D.S.
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Post by michaelc on Jan 24, 2018 20:33:12 GMT
From the loan description fundingsecure - are you aware that both planning applications have been marked as withdrawn (dated today 24th Jan) on Stratford-on-Avon Planning Portal ? (search on street name C******* B*** from pg 1 of VR, select page 2 of the results, select the final entry on page 2, then switch to the planning applications tab. A direct link is on DD Central for those with access) Yes many thanks for the heads-up. How the %^$%^& hell can fundingsecure claim that is an accurate update for today? "Withdrawn" usually means they have been quietly told by the planning officer that the application would be refused in its current state.
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mariner
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Post by mariner on Jan 24, 2018 21:22:47 GMT
Does not surprise me one bit
FS do not have a clue what is happening around them
I have to say their management are useless and are way way out of their depth
I foresee a collapse of this platform in the not too distant future
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rogerthat
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Post by rogerthat on Jan 24, 2018 22:31:15 GMT
Surely in light of this revelation, the renewal cannot proceed as presented ?
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michaelc
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Say No To T.D.S.
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Post by michaelc on Jan 25, 2018 0:36:09 GMT
Does not surprise me one bit FS do not have a clue what is happening around them I have to say their management are useless and are way way out of their depth I foresee a collapse of this platform in the not too distant future You might be right but I hope you're wrong. FS seem to measure their success by their turnover and not much else. Using that metric they are very successful and regardless of how well their loans perform, since they don't lend any money, I don't see how they are going to collapse? I am now very wary of all their loans. There is the occasional nugget but IMO this is not a platform to diversify on. This is a platform to either ignore or find those nuggets using your own and other's DD and invest in those only. Is this the Ebay of p2p loan platforms?
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jaswells
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Post by jaswells on Jan 25, 2018 0:40:30 GMT
Once again, Thanks for peoples posts on here, I had this marked down for a 4 figure investment but this changes everything!
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Post by fundingsecure on Jan 25, 2018 9:18:45 GMT
As listed on the loan, planning approval is expected by the end of February.
To clarify the position additional information has been added to the description.
Regards
FundingSecure
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r00lish67
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Post by r00lish67 on Jan 25, 2018 9:33:43 GMT
As listed on the loan, planning approval is expected by the end of February. To clarify the position additional information has been added to the description. Regards FundingSecure Rather than say it like that, why not just admit that you were incorrect in stating that revised planning has been submitted in the first place, as opposed to making it sound as if we were concerned over nothing. You initially said "The client has submitted two planning applications" and now the story is "The borrower has therefore withdrawn the previous application which will be replaced with a modified planning application". That is a very material difference IMV, not just a minor clarification. I'd respect the platform an awful lot more if that was acknowledged rather than brushed over.
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SteveT
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Post by SteveT on Jan 25, 2018 9:39:03 GMT
The timescales given in the update make no sense to me. Submitting a new planning application (rather than amending the existing one) restarts the whole planning process and means a new public consultation period is required. I cannot see how a new application, not yet even registered, can possibly be expected to be approved in 4-5 weeks.
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09dolphin
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Post by 09dolphin on Jan 25, 2018 11:46:17 GMT
The nonsense FS write beggars belief.
FS please name any authority in the UK which grants Planning permission in 5 weeks. What really annoys me is that FS seem to think investors have the IQ of a gnat or that we are totally gullible.
Rant over and back to the glass of wine left over from lunch. Cheers everyone - and good luck to those invested in this loan
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bugs4me
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Post by bugs4me on Jan 25, 2018 12:37:43 GMT
The nonsense FS write beggars belief.
<snip> What really annoys me is that FS seem to think investors have the IQ of a gnat or that we are totally gullible.
Why would FS (or many other platforms) think any different when just about everything gets fully funded.
Just browse through some of the updates on the (many) overdue loans.
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Post by eascogo on Jan 25, 2018 13:07:58 GMT
As listed on the loan, planning approval is expected by the end of February. To clarify the position additional information has been added to the description. Regards FundingSecure The clarification says that the application was withdrawn but is to be replaced by one modified.
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rs
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Post by rs on Jan 25, 2018 13:17:35 GMT
No wonder this loan funded in minutes. Lets wait for the boat now.
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rogerthat
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Post by rogerthat on Jan 25, 2018 18:24:59 GMT
I 'missed' this one due to pressure of work (and partly because I turned my fone off deliberately )  ..anyone spill the beans on how long it took to fill ? |
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..anyone spill the beans on how long it took to fill ?