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Post by chris on Jun 13, 2016 21:33:41 GMT
We apply a slightly stricter mandate than that published just as we want to be sure of growth in the provision fund at a certain minimum rate (probabilistically), whilst maintaining the flexibility to be able to reduce the criteria that small amount at a later date without having to issue a series 2 account. So in this case it was just outside the LTV criteria for the rate. Had one or the other been a hair better it would have qualified. Makes sense. I like a little 'spare' baked into certain figures so am not going to argue on this one. Would be nice to get something through which had a sizeable GBBA allocation but I'm sure something will be along. I think that 3 or 4 loans drawn down in the last few days. 7 loans drawn so far this month, another 18 are in the pipeline and flagged as being possible for the month. We'll have to see how many actually make it over the line though.
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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 Jun 14, 2016 20:31:58 GMT
In case everyone's forgotten there are loans on other platforms not related to London #154 & #162 are both potentially repaying this week - which will chuck another £2m on the qaa-(be)-queue
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agent69
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Post by agent69 on Jun 16, 2016 17:20:55 GMT
179 due to refinance tomorrow. Another £960k looking for a home shortly.
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oldgrumpy
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Post by oldgrumpy on Jun 16, 2016 20:04:04 GMT
179 due to refinance tomorrow. Another £960k looking for a home shortly. Oh dear, one of my larger investments and still precious little at appropriate rates ready for draw down. Still, the copious pipeline descriptions abound.
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jonah
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Post by jonah on Jun 16, 2016 21:13:13 GMT
179 due to refinance tomorrow. Another £960k looking for a home shortly. Oh dear, one of my larger investments and still precious little at appropriate rates ready for draw down. Still, the copious pipeline descriptions abound. I hear a rumour that a few Sites Slightly later in the alphabet have Many Things which you might consider to use your cash for, either now of say at 4pm tomorrow
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Post by pepperpot on Jun 16, 2016 21:55:31 GMT
Oh dear, one of my larger investments and still precious little at appropriate rates ready for draw down. Still, the copious pipeline descriptions abound. I hear a rumour that a few Sites Slightly later in the alphabet have Many Things which you might consider to use your cash for, either now of say at 4pm tomorrow Yup, that's where mine is heading. I think I'll take mainly a Mixture of Things to make up the 11.75% I'm losing here.
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Post by crabbyoldgit on Jun 17, 2016 7:22:04 GMT
166 and 177 gone 0% , sigh
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oldgrumpy
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Post by oldgrumpy on Jun 17, 2016 8:42:16 GMT
We won't replace #177 in a hurry; the replacement loan has dropped from 15% to 9%. (I never really understood why he was paying 15% in the first place, but 9% is rather a severe drop). Can't replace them with tiny loans to young Iraqis who run bar/night clubs, at 7% on 70% LTV on a leasehold commercial property! Almost Fallen Crumbsesque. (I wonder if he sells Black Sheep ales in his baa bar. )
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skippyonspeed
Some people think I'm a little bit crazy, but I know my mind's not hazy
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Post by skippyonspeed on Jun 17, 2016 9:57:05 GMT
(I wonder if he sells Black Sheep ales in his baa bar. ) Bought 4 KingGoblins for 6 quid at Tescos this week 6.6% alc vol........bloody hic lovely
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skippyonspeed
Some people think I'm a little bit crazy, but I know my mind's not hazy
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Post by skippyonspeed on Jun 17, 2016 10:12:45 GMT
166 and 177 gone 0% , sigh ...........and 179
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Post by oldnick on Jun 17, 2016 14:13:39 GMT
(I wonder if he sells Black Sheep ales in his baa bar. ) Bought 4 KingGoblins for 6 quid at Tescos this week 6.6% alc vol........bloody hic lovely PLEASE ENJOY RESPONSIBLY. 3.3 UK Units. UK Health Depts recommend adults do not regularly exceed: Men: 3-4 units daily. Women: 2-3 units daily. Avoid alcohol if pregnant or trying to conceive. www.drinkaware.co.ukSteady there Tiger, save some of your liver for later...
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oldgrumpy
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Post by oldgrumpy on Jun 17, 2016 14:17:12 GMT
(I wonder if he sells Black Sheep ales in his baa bar. ) Bought 4 KingGoblins for 6 quid at Tescos this week 6.6% alc vol........bloody hic lovely A bit heavy for me these days; Hobgoblin and Hobgoblin Gold at £1.25 from Aldi are a steal currently. (And I strut about in my "What's the matter, lager boy?" T-shirt).
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oldgrumpy
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Post by oldgrumpy on Jun 17, 2016 14:19:23 GMT
Bought 4 KingGoblins for 6 quid at Tescos this week 6.6% alc vol........bloody hic lovely PLEASE ENJOY RESPONSIBLY. 3.3 UK Units. UK Health Depts recommend adults do not regularly exceed: Men: 3-4 units daily. Women: 2-3 units daily. Avoid alcohol if pregnant or trying to conceive. www.drinkaware.co.ukSteady there Tiger, save some of your liver for later... Reminds me of the Aldi slogan, "Spend a little, liver lot". Their best deal for a stronger pint today is Marston's Old Empire (5.7%) for .... £1.25 - tasty.
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Post by lynnanthony on Jun 17, 2016 17:24:01 GMT
Several loans seem to have drawn down. The only one I had a buy instruction for was 280; I got a princely £55.43 (meanwhile 179 is due to return me £2k.)
291 doesn't seem to have been very popular, there is currently over £4k sat available ....
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agent69
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Post by agent69 on Jun 17, 2016 17:31:25 GMT
291 doesn't seem to have been very popular, there is currently over £4k sat available .... not really suprising given it's 7% return for 70% LTV
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