|
|
Post by propertycalf on Mar 18, 2019 23:21:28 GMT
Sounds like they've nearly paid out all of batch 1 now then.. Just another 73 spvs
|
|
nw99
Posts: 340 
Likes: 114
|
Post by nw99 on Mar 29, 2019 14:33:52 GMT
Good update today from them
|
|
hazellend
Member of DD Central
Posts: 2,363
Likes: 2,180
|
Post by hazellend on Mar 29, 2019 15:12:35 GMT
Good update today from them What update?
|
|
|
|
Post by propertycalf on Mar 29, 2019 15:26:20 GMT
Good update today from them  ??
|
|
benaj
Member of DD Central
N/A
Posts: 5,597
Likes: 1,737
|
Post by benaj on Mar 29, 2019 15:44:17 GMT
Update snapshot: Rent: £24718 (57 properties) Total no SPV redeemed = 14 Total no SPV in batch 2 = 15 SPV Pending valuation = 3 | Properties Tenanted | 57 | | Properties available For Rent | 27 | | Properties Under works | 0 | | Other Properties | 21 |
Total = 95 properties, really? or have I misunderstood something |
|
littleoldlady
Member of DD Central
Running down all platforms due to age
Posts: 3,045
Likes: 1,862
|
Post by littleoldlady on Mar 29, 2019 16:02:17 GMT
We expect to be in a position to redeem the following SPVs next week. Payments
will be made to investors’ Property Moose wallets and you will be contacted
once this has taken place.
- SPV 10
- SPV 11
- SPV 13
- SPV 14
- SPV 15
- SPV 16
- SPV 17 (payment next week)
Please note that we are expecting to redeem all outstanding Option 2 voters in
the next couple of weeks (once the first tranche of debt is drawn-down)
Note that 7 loans listed above to be repaid next week are all showing as "Redeemed" in Appendix 1. I don't understand this. Anyone?
|
|
|
|
Post by propertycalf on Mar 29, 2019 16:05:45 GMT
At this rate we wont be paid out in the higher spv numbers for another 5 months.. Simply unacceptable.. I distinctly remember them stating quarter 1 of 2019 for redemption
|
|
pom
Member of DD Central
Posts: 1,922 
Likes: 1,244
|
Post by pom on Mar 29, 2019 16:38:22 GMT
At this rate we wont be paid out in the higher spv numbers for another 5 months.. Simply unacceptable.. I distinctly remember them stating quarter 1 of 2019 for redemption It's got nothing to do with the rate of repayment so far (which has been down to people buying more shares) - they always said they needed to arrange finance. If you read the update (I've not had an email yet but its on the site) it says: "We have been awaiting the closure of the first tranche of debt finance and this is expected to be drawn down next week, however, this is dependent on the finance provider’s legal team completing their process (which has been ongoing for a number of months). Once this takes place, we will be in a position to redeem all of the current SPVs available for redemption."
|
|
|
|
Post by propertycalf on Mar 29, 2019 18:00:57 GMT
At this rate we wont be paid out in the higher spv numbers for another 5 months.. Simply unacceptable.. I distinctly remember them stating quarter 1 of 2019 for redemption It's got nothing to do with the rate of repayment so far (which has been down to people buying more shares) - they always said they needed to arrange finance. If you read the update (I've not had an email yet but its on the site) it says: "We have been awaiting the closure of the first tranche of debt finance and this is expected to be drawn down next week, however, this is dependent on the finance provider’s legal team completing their process (which has been ongoing for a number of months). Once this takes place, we will be in a position to redeem all of the current SPVs available for redemption." Im dont care about the intricacies of wording anymore.. I just want my money back, gone are the times of patience
|
|
nw99
Posts: 340
Likes: 114
|
Post by nw99 on Mar 30, 2019 5:54:29 GMT
Good update today from them
|
|
|
|
Post by propertycalf on Apr 10, 2019 9:30:03 GMT
Has anybody received a penny since the last update?
|
|
hazellend
Member of DD Central
Posts: 2,363
Likes: 2,180
|
Post by hazellend on Apr 10, 2019 11:28:09 GMT
Has anybody received a penny since the last update? Not I
|
|
|
|
Post by sayyestocress on Apr 10, 2019 12:23:36 GMT
Has anybody received a penny since the last update? Not I I'm guessing we won't see anything until they secure the finance to pay us leavers out. Could be weeks, could be months...
|
|
|
|
Post by propertycalf on Apr 10, 2019 17:44:01 GMT
I noticed they took down the investment function for people interested in buying more shares of the UK diversified entity.. Not sure if that's a good thing because its fully funded or they took it down because there was little interest?
|
|
carolus
Member of DD Central
Posts: 204
Likes: 191
|
Post by carolus on Apr 10, 2019 19:16:57 GMT
I noticed they took down the investment function for people interested in buying more shares of the UK diversified entity.. Not sure if that's a good thing because its fully funded or they took it down because there was little interest? If it's been taken down (where was it? I thought it was done by completing form via email), then I imagine it's in line with the information given in the last update. That is that the option to invest more at the discounted price will go away once the first tranche of funding is drawn down. If this is the case then I guess all the option 2 voters will be paid soon.
|
|
?? 
