loadsahope
Member of DD Central
Posts: 82
Likes: 41
|
Post by loadsahope on Jun 28, 2024 16:40:32 GMT
Do AE still cap the capital gains? ISTR there was some sort of 3% limit, though I'm wondering if this was my fevered imagination a while back Yes, 3% per annum, though I understand this is a restriction imposed by regulation (can't remember where I read this). IIRC excess profits above this, should they arise, are supposed to go into a provision fund which is not property specific.
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,181
Likes: 11,372
|
Post by ilmoro on Jun 28, 2024 18:35:00 GMT
Do AE still cap the capital gains? ISTR there was some sort of 3% limit, though I'm wondering if this was my fevered imagination a while back Yes, 3% per annum, though I understand this is a restriction imposed by regulation (can't remember where I read this). IIRC excess profits above this, should they arise, are supposed to go into a provision fund which is not property specific. Yes, FCA restriction on capital gains for it to still be P2P
|
|
eeyore
Member of DD Central
Posts: 778
Likes: 767
|
Post by eeyore on Jul 5, 2024 16:18:06 GMT
I see that the AE management are canvassing for lenders' views on a name change.
|
|
qwakuk
Member of DD Central
Posts: 257
Likes: 96
|
Post by qwakuk on Jul 5, 2024 18:39:40 GMT
I see that the AE management are canvassing for lenders' views on a name change. Made my own suggestion of a name
|
|
|
Post by overthehill on Jul 5, 2024 21:27:28 GMT
I see that the AE management are canvassing for lenders' views on a name change. Made my own suggestion of a name Lender formerly known as AssetzCapital
|
|