star dust
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Post by star dust on Apr 13, 2018 10:07:22 GMT
A new loan has just appeared: Standard Loan (not protected); LTV 55.56% Duration Apr 13, 2018 Oct 13, 2018 Rate 0.85% Amount £102,475.00 Purchase Amount Limited to £25.00 (until 13 Apr 2018, 10:58 p.m.) In Edit: X-posted with skint4achange who's post is here in DDC as it identified borrowers assets    |
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Post by skint4achange on Apr 13, 2018 10:08:18 GMT
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star dust
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Post by star dust on Apr 13, 2018 10:25:07 GMT
The restriction's just been lifted - I now have more than £25 Loan down to £96k |
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archie
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Post by archie on Apr 13, 2018 12:07:24 GMT
The restriction's just been lifted - I now have more than £25 Loan down to £96k £26?
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star dust
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Post by star dust on Apr 13, 2018 12:53:54 GMT
The restriction's just been lifted - I now have more than £25 Loan down to £96k £26? Yes, hope I'm not overexposed to this borrower now .
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stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
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Post by stub8535 on Apr 13, 2018 13:19:39 GMT
£26? Yes, hope I'm not overexposed to this borrower now . You read that borrower has 2 other smaller loans against different versions of one of the Hockney titles so you may just be over exposed star dust. Both are listed on current loan.
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star dust
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Post by star dust on Apr 13, 2018 13:39:07 GMT
Yes, hope I'm not overexposed to this borrower now . You read that borrower has 2 other smaller loans against different versions of one of the Hockney titles so you may just be over exposed star dust . Both are listed on current loan. Yes I had seen and noted those, and indeed had a reasonable auto allocation from them too, those two are Provision Trust protected, unlike the latest offering. Think I can cope with the extra £1 on risk Down to £56k left now.
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Liz
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Post by Liz on Apr 13, 2018 19:52:14 GMT
Art is so high! And no protection, makes it an easy decision for me. Just cash rich at the moment.
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Post by skint4achange on Apr 13, 2018 21:28:18 GMT
I was holding back on this a bit as I do not know that much about art, but I have just done a bit of digging on the two pieces that they are sending to auction.
You can't even get small, signed prints of the second painting for less than £5K. As this is an original watercolour I can only imagine this one piece will be almost pay off the loan in one go. If it doesn't, the other piece that is an original oil painting most certainly will.
Have just taken the wife to the pawn shop so I can have more funds! 
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Post by Ace on Apr 13, 2018 21:54:13 GMT
I was holding back on this a bit as I do not know that much about art, but I have just done a bit of digging on the two pieces that they are sending to auction.
You can't even get small, signed prints of the second painting for less than £5K. As this is an original watercolour I can only imagine this one piece will be almost pay off the loan in one go. If it doesn't, the other piece that is an original oil painting most certainly will.
Have just taken the wife to the pawn shop so I can have more funds! Hope you didn't misspell pawn! That's a different art form altogether
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Post by skint4achange on Apr 13, 2018 21:56:18 GMT
I was holding back on this a bit as I do not know that much about art, but I have just done a bit of digging on the two pieces that they are sending to auction.
You can't even get small, signed prints of the second painting for less than £5K. As this is an original watercolour I can only imagine this one piece will be almost pay off the loan in one go. If it doesn't, the other piece that is an original oil painting most certainly will.
Have just taken the wife to the pawn shop so I can have more funds! Hope you didn't misspell pawn! That's a different art form altogether No, I was going to take her to the PORN shop but last time she came home with £3.20. I asked her who gave her the 20p and she said everyone! 
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