Mucho P2P
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Post by Mucho P2P on Oct 3, 2020 22:44:10 GMT
Anyone know what is happening with the sale of HR as it doesn't appear to be listed in any of All***s upcoming auctions? is there another issue in the background that we are not aware of? We really need this sold fast to get any chance of a return! Yes, there is a possible issue that I have stumbled across. I will know more next week hopefully. I cannot say now, until I have definitely checked out the facts.
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Post by gaza77 on Oct 4, 2020 10:01:43 GMT
Anyone know what is happening with the sale of HR as it doesn't appear to be listed in any of All***s upcoming auctions? is there another issue in the background that we are not aware of? We really need this sold fast to get any chance of a return! Yes, there is a possible issue that I have stumbled across. I will know more next week hopefully. I cannot say now, until I have definitely checked out the facts. Hi Mucho, gosh, more waiting and worrying! Can you, at least, say if it is to do with the borrower or is it an in-depth legal thing? I also see that the sale price has gone down again to £4.25M - we will be lucky to get 10% back, if anything at all.
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Mucho P2P
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Post by Mucho P2P on Oct 4, 2020 12:38:26 GMT
Yes, there is a possible issue that I have stumbled across. I will know more next week hopefully. I cannot say now, until I have definitely checked out the facts. Hi Mucho, gosh, more waiting and worrying! Can you, at least, say if it is to do with the borrower or is it an in-depth legal thing? I also see that the sale price has gone down again to £4.25M - we will be lucky to get 10% back, if anything at all. I am still receiving info, and have calls to make next week, then I will be in a better position to know what is happening, rather than just offer an opinion at this time.
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Post by base on Oct 5, 2020 12:10:58 GMT
Hi Mucho,
I am just checking for reassurance - this potential "issue" you're currently investigating, could it lead to us losing more money than we already have invested? Or is it mainly an issue with the money we already have invested?
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Mucho P2P
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Post by Mucho P2P on Oct 5, 2020 13:22:16 GMT
Hi Mucho, I am just checking for reassurance - this potential "issue" you're currently investigating, could it lead to us losing more money than we already have invested? Or is it mainly an issue with the money we already have invested? When I know more, I will post here. As a "guess", it's not about losing more money than we have invested.
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tommytaylor
P2P - The new wild west
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Post by tommytaylor on Oct 5, 2020 14:09:05 GMT
Hi Mucho, I am just checking for reassurance - this potential "issue" you're currently investigating, could it lead to us losing more money than we already have invested? Or is it mainly an issue with the money we already have invested? When I know more, I will post here. As a "guess", it's not about losing more money than we have invested. Back to court to be sued then. It all gets rather boring. Cant wait to be finally out of all this s***
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Oct 5, 2020 15:02:40 GMT
When I know more, I will post here. As a "guess", it's not about losing more money than we have invested. Back to court to be sued then. It all gets rather boring. Cant wait to be finally out of all this s*** Small matter of the ECRO to be removed first I suspect
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Oct 8, 2020 11:49:57 GMT
In other news, apparent progress
listed as under offer on one property site and exchanged on the site attached to the receivers company
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Post by gaza77 on Oct 8, 2020 17:24:13 GMT
In other news, apparent progress listed as under offer on one property site and exchanged on the site attached to the receivers company Well spotted! The price seems to have gone back to £4.75M and it is listed as exchanged on the A*****s website. I know it is well below what the loan value is, but this is good (and unexpected) news,....if true. I wonder what MuchoP2P was looking at? Any news MuchoP2P? The suspense is killing me man!
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Mucho P2P
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Post by Mucho P2P on Oct 8, 2020 17:54:16 GMT
In other news, apparent progress listed as under offer on one property site and exchanged on the site attached to the receivers company Well spotted! The price seems to have gone back to £4.47M and it is listed as exchanged on the A*****s website. I know it is well below what the loan value is, but this is good (and unexpected) news,....if true. I wonder what MuchoP2P was looking at? Any news MuchoP2P? The suspense is killing me man! Sorry for the delay. No point in me spouting hearsay until I have checked it out thoroughly. There are rumours that she is still in talks with various law firms, but nothing of substance. At last! Now let’s see how much we get back from that sale. Any future updates on this saga, I will post here.
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Oct 8, 2020 21:54:59 GMT
Well spotted! The price seems to have gone back to £4.47M and it is listed as exchanged on the A*****s website. I know it is well below what the loan value is, but this is good (and unexpected) news,....if true. I wonder what MuchoP2P was looking at? Any news MuchoP2P? The suspense is killing me man! Sorry for the delay. No point in me spouting hearsay until I have checked it out thoroughly. There are rumours that she is still in talks with various law firms, but nothing of substance. At last! Now let’s see how much we get back from that sale. Any future updates on this saga, I will post here. Of course she is.
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adrianc
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Post by adrianc on Oct 9, 2020 9:14:22 GMT
...in talks with...
"Will you act for me?" Pay us and we'll review the case. "Oh."
They're talks.
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Post by gaspilot on Oct 10, 2020 9:04:10 GMT
In other news, apparent progress listed as under offer on one property site and exchanged on the site attached to the receivers company Well spotted! The price seems to have gone back to £4.75M and it is listed as exchanged on the A*****s website. I know it is well below what the loan value is, but this is good (and unexpected) news,....if true. I wonder what MuchoP2P was looking at? Any news MuchoP2P? The suspense is killing me man! Although it does state exchanged on the auction site it also says 'offers in excess of £4.75M'. I put the question 'is this property sold?' directly to the auctioneers and they just directed me to the website details. A simple yes or no would have sufficed.
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adrianc
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Post by adrianc on Oct 10, 2020 9:43:33 GMT
Well spotted! The price seems to have gone back to £4.75M and it is listed as exchanged on the A*****s website. I know it is well below what the loan value is, but this is good (and unexpected) news,....if true. I wonder what MuchoP2P was looking at? Any news MuchoP2P? The suspense is killing me man! Although it does state exchanged on the auction site it also says 'offers in excess of £4.75M'. I put the question 'is this property sold?' directly to the auctioneers and they just directed me to the website details. A simple yes or no would have sufficed. "A simply yes or no" is rarely possible with property sales. It's not a definite "Yes" until after completion. All sorts of things can stop play before then... And that's before we consider commercial confidentiality. Basically "This is what we've said publicly" is as good as you're likely to get.
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Post by gaza77 on Nov 1, 2020 16:52:08 GMT
Looks like it has sold (exchanged) for only £4.25M. If we have to pay Lendy’s legal costs against the borrower on top of the waterfall costs etc, we wont be getting much back on this. What a mess!
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