Post by mariner on Mar 21, 2018 20:07:20 GMT
Yet more rubbish from FS on a loan of £494,700.00!!!
They really are so pathetic
Hark back to 12/01/18, Funds? well where are they? still with lawyer, aye right
3 hours ago
We have kept in regular touch with the borrower who is developing a plan to, at a minimum, renew or possibly repay this loan. He has made some progress but needs some more time. We keep pressing him and expect a firm commitment by the end of the week.
13/03/2018
The sale contract referenced below did not complete. We have been speaking with the borrower who remains committed to paying the interest this month. He has promised to come back to us with a detailed plan by Friday.
21/02/2018
The contract for sale of the painting referenced below is due to complete in the week commencing March 6. Borrower has not managed to secure a deposit. However, we have seen the contract and the proceeds are more than sufficient to pay interest up to date.
12/02/2018
We have been in daily contact with the borrower. We have received some interest but not sufficient to renew the loan. The borrower has recently sold a painting but completion is not due until the first week of March. He is currently negotiating a deposit which, if paid and transferred to us, will be sufficient to renew the loan.
31/01/2018
In a call with the borrower yesterday, we were advised that funds are due in from a number of sources during the course of the next 2 weeks, including the sale of a painting, and that interest should be made available within the next 2-3 days. We have stressed the urgency of this and the fact that this is long overdue.
22/01/2018
Interest was supposed to have been received by the end of last week. We spoke with the borrower today who has advised that there is a one week delay in receipt of the funds and that he should be in a position to renew by end of week.
12/01/2018
Borrower has been in regular contact since the start of the year. The borrower has completed a transaction and funds are with his lawyer. We are expecting funds to be released and payment of interest any day now.
03/01/2018
Borrower has advised that interest will be settled on Friday of this week.
18/12/2017
We have resolved issued regarding interest calculations. The borrower has committed to paying interest this week.
11/12/2017
We are meeting with the borrower tomorrow to resolve some questions on calculation of interest, shortly after which we expect to receive interest in full.
03/12/2017
Borrower has advised he intends to renew and will settle interest this coming week.
24/08/2017
In response to some enquiries concerning this loan, an agent of the borrower approached another peer-to-peer platform with a view to refinancing the painting. The deal did not proceed. The painting remained in storage at Constantines at all times.
They really are so pathetic
Hark back to 12/01/18, Funds? well where are they? still with lawyer, aye right
3 hours ago
We have kept in regular touch with the borrower who is developing a plan to, at a minimum, renew or possibly repay this loan. He has made some progress but needs some more time. We keep pressing him and expect a firm commitment by the end of the week.
13/03/2018
The sale contract referenced below did not complete. We have been speaking with the borrower who remains committed to paying the interest this month. He has promised to come back to us with a detailed plan by Friday.
21/02/2018
The contract for sale of the painting referenced below is due to complete in the week commencing March 6. Borrower has not managed to secure a deposit. However, we have seen the contract and the proceeds are more than sufficient to pay interest up to date.
12/02/2018
We have been in daily contact with the borrower. We have received some interest but not sufficient to renew the loan. The borrower has recently sold a painting but completion is not due until the first week of March. He is currently negotiating a deposit which, if paid and transferred to us, will be sufficient to renew the loan.
31/01/2018
In a call with the borrower yesterday, we were advised that funds are due in from a number of sources during the course of the next 2 weeks, including the sale of a painting, and that interest should be made available within the next 2-3 days. We have stressed the urgency of this and the fact that this is long overdue.
22/01/2018
Interest was supposed to have been received by the end of last week. We spoke with the borrower today who has advised that there is a one week delay in receipt of the funds and that he should be in a position to renew by end of week.
12/01/2018
Borrower has been in regular contact since the start of the year. The borrower has completed a transaction and funds are with his lawyer. We are expecting funds to be released and payment of interest any day now.
03/01/2018
Borrower has advised that interest will be settled on Friday of this week.
18/12/2017
We have resolved issued regarding interest calculations. The borrower has committed to paying interest this week.
11/12/2017
We are meeting with the borrower tomorrow to resolve some questions on calculation of interest, shortly after which we expect to receive interest in full.
03/12/2017
Borrower has advised he intends to renew and will settle interest this coming week.
24/08/2017
In response to some enquiries concerning this loan, an agent of the borrower approached another peer-to-peer platform with a view to refinancing the painting. The deal did not proceed. The painting remained in storage at Constantines at all times.
