rogerthat
Member of DD Central
Posts: 2,048 
Likes: 1,994
|
Post by rogerthat on Sept 25, 2018 14:41:10 GMT
Renewal of (1263893963) with 1399966189
Not in the original but see there's a problem with access which has delayed a PP being submitted. Was this land owned/sold by BCC at auction and if so why was it 'understood there was a right of way access to the land via M***** Grove ' as per the auction details ?
|
|
|
|
Post by mrclondon on Jan 27, 2019 17:37:53 GMT
Planning permission was finally submitted late last year, and was registered earlier this month. Link on DDC Central for those with access, otherwise search the Birmingham Planning Portal with the postcode from the auction details attached to the loan listing but with the final character thereof G replaced by a H)
(This is a triangular plot of land in the middle of a housing estate if that helps jog memories as to which loan this is)
|
|
|
|
Post by mrclondon on Aug 31, 2019 9:45:04 GMT
The planning application I referred to in my previous post was withdrawn in March, but contained this proposed site layout for the construction of 2 houses:
Photos taken yesterday (30th Aug) 11 am showing the access point at the side of No. 22 M****** G****
What should be immediately obvious is there isn't a lot of land available for staging of materials, parking of construction staff vans etc etc (although parking on side road the other side of the main road is possible).
|
|
|
|
Post by mrclondon on Nov 12, 2019 16:30:34 GMT
Loan has been defaulted on the website.
|
|
iRobot
Member of DD Central
Posts: 1,656
Likes: 2,449
|
Post by iRobot on Nov 19, 2020 12:09:17 GMT
Redeemed today:
Not much to note on this one except that:
1) FS' 5% has been deducted from the 'Total Received' figure, whilst CG's fee has come from 'Net Receipts'.
2) Receivers costs at £6k represent 11% of the security value. CF/FS' combined fees at £4k represent a further 7%. Lenders may feel like they are paying twice - or even three times - for the same 'service'.
|
|
adrian77
Member of DD Central
Posts: 3,895
Likes: 4,122
|
Post by adrian77 on Nov 19, 2020 13:17:41 GMT
so there has been a contribution to legal costs and FS even get 5% of that - well that must have been a lot of work!
OK it is only £13.50 but it's the principle of we lose and they win.
Nice work if you can get it unless of course you have a conscience about ripping off your investors after screwing up yet another development loan.
|
|
