billt
Posts: 105 
Likes: 79
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Post by billt on Feb 8, 2024 12:37:49 GMT
new opportunity pending
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Post by Ace on Feb 9, 2024 11:07:10 GMT
The 31st HDR loan tranche repayment has been made today. This one is from the second law firm.
It was the 1st tranche repayment for #4647. This first tranche had a profit of 11.94%. The average profit across the 1 tranche is therefore 11.94% (16.47% XIRR).
The overall XIRR for my HDR case investments where at least one repayment has been received is now 21.69% (down 0.09%).
Assuming an equal amount was invested in each of the 9 HDR cases that have received at least 1 tranche repayment so far, the XIRR is 21.62%. For each £1k equal investment (£9k across the 9 loans), £3,230 of capital and £729.16 profit (£3,959.16 total) would have been paid so far. |
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Post by Ace on Feb 16, 2024 10:19:28 GMT
The 32nd HDR loan tranche repayment has been made today. This one is from the first law firm.
It was the 3rd tranche repayment for #4039. This tranche had a profit of 30.7% (34.7% including some retained funds that were repaid from the previous tranches) . The average profit across the 3 tranches is 17.53% (21.69% XIRR).
The overall XIRR for my HDR case investments where at least one repayment has been received is now 22.04% (up 0.35%).
Assuming an equal amount was invested in each of the 9 HDR cases that have received at least 1 tranche repayment so far, the XIRR is 21.86%. For each £1k equal investment (£9k across the 9 loans), £3,330 of capital and £763.86 profit (£4,093.86 total) would have been paid so far. |
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Post by Ace on Feb 28, 2024 17:57:31 GMT
The 33rd HDR loan tranche repayment has been made today. This one is from the first law firm.
It was the 6th tranche repayment for #3949. This tranche had a profit of 43.4% (62.7% including some retained funds that were repaid from the previous tranches) . The average profit across the 6 tranches is 27.0% (24.03% XIRR).
The overall XIRR for my HDR case investments where at least one repayment has been received is now 22.41% (up 0.37%).
Assuming an equal amount was invested in each of the 9 HDR cases that have received at least 1 tranche repayment so far, the XIRR is 22.48%. For each £1k equal investment (£9k across the 9 loans), £3,440 of capital and £832.83 profit (£4,272.83 total) would have been paid so far. |
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firedog
Member of DD Central
Posts: 367
Likes: 462
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Post by firedog on Mar 6, 2024 15:00:00 GMT
New HDR case (5395) now open
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Post by Ace on Mar 6, 2024 16:47:18 GMT
The 34th HDR loan tranche repayment has been made today. This one is from the second law firm.
It was the 2nd tranche repayment for #4452. This tranche had a profit of 18.61%. The average profit across the 2 tranches is 13.7% (17.58% XIRR).
The overall XIRR for my HDR case investments where at least one repayment has been received is now 22.37% (down 0.04%).
Assuming an equal amount was invested in each of the 9 HDR cases that have received at least 1 tranche repayment so far, the XIRR is 22.45%. For each £1k equal investment (£9k across the 9 loans), £3,540 of capital and £851.44 profit (£4,391.44 total) would have been paid so far. |
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firedog
Member of DD Central
Posts: 367
Likes: 462
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Post by firedog on Mar 11, 2024 19:30:23 GMT
A wee bit (9k at time of writing) has become available in the latest HDR case.
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Post by frank121 on Mar 11, 2024 21:31:10 GMT
A wee bit (9k at time of writing) has become available in the latest HDR case. Cheers for the heads up; I was waiting for something to come available but got bored checking.  This one seemed to fill super fast, I did check promptly after getting the email. (i know it's open to some investors beforehand but I was still suprised as it's quite a large fill @ 420K)
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dave4
Member of DD Central
Cynical is a hobby not a lifestyle
Posts: 1,057
Likes: 617
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Post by dave4 on Mar 16, 2024 11:37:20 GMT
Has anyone got any thoughts on the hdr loans and the possibility of councils going bankrupt?
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Greenwood2
Member of DD Central
Posts: 4,385
Likes: 2,784
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Post by Greenwood2 on Mar 16, 2024 14:28:34 GMT
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Post by overthehill on Mar 16, 2024 16:26:00 GMT
The fact they are settling on all this litigation shows they are not very well run and that means their finances will be a mess as well. Something short of bankruptcy could put a spoke in the wheels, they only have so much money and they decide where it goes. More debt means higher interest payments, less to go around and smaller settlements. The court option doesn't like very practical or profitable for lenders, maybe an exceptional one.
I'm not saying it would mean a loss but the XIRR could be a lot less after 2 years. I've not been greedy, stayed with 1 loan for each company.
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Greenwood2
Member of DD Central
Posts: 4,385
Likes: 2,784
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Post by Greenwood2 on Mar 16, 2024 16:46:04 GMT
The fact they are settling on all this litigation shows they are not very well run and that means their finances will be a mess as well. Something short of bankruptcy could put a spoke in the wheels, they only have so much money and they decide where it goes. More debt means higher interest payments, less to go around and smaller settlements. The court option doesn't like very practical or profitable for lenders, maybe an exceptional one.
I'm not saying it would mean a loss but the XIRR could be a lot less after 2 years. I've not been greedy, stayed with 1 loan for each company.
If houses are in disrepair they are failing in their responsibilities. The fact they are putting off repairs until they are sued speaks volumes, it should never get that far. Can they legally not pay court ordered payments? AF say cases that take longer to settle have a higher IRR.
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Post by Ace on Mar 18, 2024 13:30:47 GMT
The 35th HDR loan tranche repayment has been made today. This one is from the first law firm.
It was the 7th tranche repayment for #3907. This tranche had a profit of 48.9%. The average profit across the 7 tranches is 30.3% (23.47% XIRR).
The overall XIRR for my HDR case investments where at least one repayment has been received is now 22.54%.
Assuming an equal amount was invested in each of the 9 HDR cases that have received at least 1 tranche repayment so far, the XIRR is 22.56%. For each £1k equal investment (£9k across the 9 loans), £3,640 of capital and £902.96 profit (£4,542.96 total) would have been paid so far. |
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Post by Ace on Mar 20, 2024 7:10:48 GMT
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Post by overthehill on Mar 22, 2024 18:53:57 GMT
3634 is down but not out the game yet.
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This one seemed to fill super fast, I did check promptly after getting the email. (i know it's open to some investors beforehand but I was still suprised as it's quite a large fill @ 420K)