Liz
Member of DD Central
Posts: 2,426
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Post by Liz on Feb 20, 2018 19:09:27 GMT
How do I short this one?
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Jeepers
Member of DD Central
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Post by Jeepers on Feb 20, 2018 19:36:43 GMT
Lendy Job vacancy: VALUATION SURVEYOR REQUIRED NO EXPERIENCE OR COMPETENCE NEEDED APPLY WITHIN  On a serious note, will they ever learn? Surely PBL155 has taught them something ? |
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bugs4me
Member of DD Central
Posts: 1,845
Likes: 1,478
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Post by bugs4me on Feb 20, 2018 22:46:16 GMT
Unsatisfied HSBC charge registered in March 2000 against G****l F*****e O****e L*d?? Short particulars:
"Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery. See the mortgage charge document for full details." Please could someone check if this is relevant? Thank you and best regards, J. Full details on DD Central - sorry but you should join even if it's just to browse.
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rrrupert
Member of DD Central
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Likes: 99
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Post by rrrupert on Feb 20, 2018 22:59:39 GMT
I will definitely be giving this loan a miss for broadly the same reasons as others have posted.
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rrrupert
Member of DD Central
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Likes: 99
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Post by rrrupert on Feb 21, 2018 15:34:39 GMT
**PLEASE NOTE THIS LOAN WILL NO LONGER BE PROCEEDING AND WILL BE REMOVED FROM THE PLATFORM SHORTLY**
This message now on the pipeline. Good news for everyone I think.
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mikeymike
Member of DD Central
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Post by mikeymike on Feb 21, 2018 15:52:02 GMT
**PLEASE NOTE THIS LOAN WILL NO LONGER BE PROCEEDING AND WILL BE REMOVED FROM THE PLATFORM SHORTLY** This message now on the pipeline. Good news for everyone I think. Now if we could only have some more realistic valuations and some honest and timely updates we might start to see a restoration of confidence in Ly.
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Post by munchydave on Feb 21, 2018 16:30:23 GMT
**PLEASE NOTE THIS LOAN WILL NO LONGER BE PROCEEDING AND WILL BE REMOVED FROM THE PLATFORM SHORTLY** This message now on the pipeline. Good news for everyone I think. Now if we could only have some more realistic valuations and some honest and timely updates we might start to see a restoration of confidence in Ly. At this moment I am pulling out all my money from several P2P sites I have invested in over several years. To all of you who run these sites please listen. Give an honest and truthful valuation on goods/property used for security. Give investors an accurate description of the borrower and their track record, we don't want a sales pitch just the facts. If a loan defaults then act NOW not in 6 months time. I have zero confidence in the loans on offer and the subject for this thread is an excellent example of the garbage being provided. I hope to be back when you can convince me that what you tell me is the truth and I do not have to scour the BS provided to get it.
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happy
Member of DD Central
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Post by happy on Feb 21, 2018 17:49:32 GMT
**PLEASE NOTE THIS LOAN WILL NO LONGER BE PROCEEDING AND WILL BE REMOVED FROM THE PLATFORM SHORTLY** This message now on the pipeline. Good news for everyone I think. So, about 3 years ago I was doing my pre-investment platform DD on SavingStream as it was then and I was reviewing the current loans and the pipeline. I remember very well at the time a Million Pounds plus loan was being offered for pre-funding that consisted of basically a field that was apparently a dead cert for being able to be turned into a graveyard and came complete with a "professional" "independent" valuation indicating plots would easily sell at something like £8-10k if I remember correctly. After some fairly in-depth DD done here by forum members it turns out that these plots would be lucky to get 50% of the professional valuation rendering the basis of the whole loan unsound. Once this information was published on the forum SS quickly withdrew the loan offer for it never to return. It was this event that made me put my investment plans in SS on hold and after one or two similar episodes that followed I decided not to invest as despite the lure of 12% I did not trust the basis of their loans enough. So I ask myself, has anything changed? Is that a leopard I see in the shadows?
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zlb
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Post by zlb on Feb 21, 2018 23:23:58 GMT
I agree with another post I read. This just seemed to be someone who saw the platform as a way of disposing of the property.
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rocky1
Member of DD Central
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Post by rocky1 on Feb 22, 2018 5:57:22 GMT
there was no property the security was 3 fields with no cowes on them
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