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Post by douganole on Dec 6, 2020 11:21:57 GMT
My only hope now is Liam Brooke and co are jailed for what they have done to investors here and karma visits them in a terrifying manner - when they bend down to pick up the soap in the shower!
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Post by martin44 on Dec 8, 2020 22:57:05 GMT
My only hope now is Liam Brooke and co are jailed for what they have done to investors here and karma visits them in a terrifying manner - when they bend down to pick up the soap in the shower! Looking at liam brooke ... he might enjoy it.
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Post by bpp on Dec 9, 2020 20:17:13 GMT
Has anyone got any funds back at all for any of the properties?
I have zero correspondence and it just so happens none of my loans ever seem to be reviewed!
Am I missing anything?
I have tried calling and emailing, but nothing.
Some colour would be great from existing member. Thanks in advance.
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Post by billy169 on Dec 9, 2020 20:34:00 GMT
Since administration ive had 6% back,,98k still stuck,,not expecting more than 20% at end of it.
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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
Posts: 10,850
Likes: 11,078
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Post by ilmoro on Dec 9, 2020 20:52:01 GMT
Has anyone got any funds back at all for any of the properties? I have zero correspondence and it just so happens none of my loans ever seem to be reviewed! Am I missing anything? I have tried calling and emailing, but nothing. Some colour would be great from existing member. Thanks in advance. Which loans are you in? Sign up to the LAG FB (you will ned to answer 3 questions) - far more info there
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ton27
Member of DD Central
Posts: 431
Likes: 267
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Post by ton27 on Dec 10, 2020 14:01:18 GMT
Since administration ive had 6% back,,98k still stuck,,not expecting more than 20% at end of it. My expectation is 10% if I am lucky!
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Post by df on Dec 10, 2020 15:36:49 GMT
Since administration ive had 6% back,,98k still stuck,,not expecting more than 20% at end of it. I had approx 10% back so far. 55% of remaining funds offset by the interest I’ve earned in the past. Still looking at a substantial loss from my saving stream adventure.
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jhamster
Member of DD Central
Posts: 102
Likes: 143
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Post by jhamster on Dec 10, 2020 21:07:15 GMT
My only hope now is Liam Brooke and co are jailed for what they have done to investors here and karma visits them in a terrifying manner - when they bend down to pick up the soap in the shower! Homophobic comments aren't clever.
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jane
Posts: 145
Likes: 214
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Post by jane on Dec 11, 2020 14:31:36 GMT
My only hope now is Liam Brooke and co are jailed for what they have done to investors here and karma visits them in a terrifying manner - when they bend down to pick up the soap in the shower! Homophobic comments aren't clever. I don't see anything homophobic in that comment. False accusations are not clever either. You don't have to be homosexual to decide to do something to someone in the showers - there are many such motivations for such things.
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jonno
Member of DD Central
nil satis nisi optimum
Posts: 2,744
Likes: 3,136
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Post by jonno on Dec 11, 2020 14:42:38 GMT
My only hope now is Liam Brooke and co are jailed for what they have done to investors here and karma visits them in a terrifying manner - when they bend down to pick up the soap in the shower! Homophobic comments aren't clever. Well.............................That's Lifebuoy
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Post by bpp on Dec 11, 2020 18:33:50 GMT
Thanks for info guys. Love that fact some of you have got back >0
A lawyer buddy of mine said if I can get even a penny back after legal costs I should be happy 🤣
These are my loans. I am either a pro at picking losers or they just haven't got to these yet.
I do a bunch of small residential property renovations. It is very very difficult to the maths this wrong and lenders are all over the real value of property. Honestly a lot of these projects looked great. Has anyone looked into us investors buying some of these projects off their books? If we can lift at 20/30% ltv we could cover losses plus a few quid 😙
DFL017
DFL001
DFL002
DFL005
DFL013
DFL017
PBL103
PBL161
PBL163
PBL164
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Post by bpp on Dec 11, 2020 18:43:55 GMT
Sorry being dumb, what is LAG FB? Facebook? Googling that was a mistake
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garfield
Member of DD Central
Posts: 490
Likes: 268
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Post by garfield on Dec 11, 2020 18:48:33 GMT
Sorry being dumb, what is LAG FB? Facebook? Googling that was a mistake LAG = Lendy Action Group It's most active on Facebook, but there's a separate site: lendyactiongroup.co.uk which is much less active
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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
Posts: 10,850
Likes: 11,078
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Post by ilmoro on Dec 11, 2020 19:46:40 GMT
Thanks for info guys. Love that fact some of you have got back >0 A lawyer buddy of mine said if I can get even a penny back after legal costs I should be happy 🤣 These are my loans. I am either a pro at picking losers or they just haven't got to these yet. I do a bunch of small residential property renovations. It is very very difficult to the maths this wrong and lenders are all over the real value of property. Honestly a lot of these projects looked great. Has anyone looked into us investors buying some of these projects off their books? If we can lift at 20/30% ltv we could cover losses plus a few quid 😙 DFL017 - sold £4.25mil, completion appears to be fairly soon DFL001 - probable deal done with the original borrower, site operational again, no details but M1 so no return to lenders until admin complete (if any cash for creditors) DFL002 - deal down with original borrower, £2.2m to Lendy creditors pot, M1 so as above ( covered in RSM update) DFL005 - sold £1m, legal challenge so funds being with held by loan administrator DFL013 - under offer, no further info PBL103 - refinanced and funds paid to lenders, no info on any further recovery prospects PBL161 - recovered pre-admin, borrower bankrupt so unlikely any further recovery PBL163 - properties sold and funds returned, deferred payment overdue for July PBL164 - as above Info from LAG FB (all from public sources) I think your lawyer friend may have been smoking something
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Post by bpp on Dec 12, 2020 12:05:47 GMT
So for these if I have nothing back on my account, is something wrong?
Not heard a thing in these 3 or received anything...
I guess I should chase.lendy support. They said I have my account "verified". So maybe o need to check a box somewhere?
PBL103 - refinanced and funds paid to lenders, no info on any further recovery prospects
PBL163 - properties sold and funds returned, deferred payment overdue for July
PBL164 - as above
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