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Post by overthehill on Apr 22, 2020 14:53:01 GMT
Bridging Loan. 7.65% net for max LTV of 50%. Not advice but what's not to like, may not go the full term though.
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IFISAcava
Member of DD Central
Posts: 3,664
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Post by IFISAcava on Apr 22, 2020 15:23:01 GMT
Bridging Loan. 7.65% net for max LTV of 50%. Not advice but what's not to like, may not go the full term though. To answer the question - valuation? But yes, plenty of room for Tranche A Oh, and rate - BridgeCrowd giving a little bit more for low LTVs, though do need to stomp up £5K rather than £1K.
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Post by overthehill on Apr 22, 2020 15:45:36 GMT
5k minimum per loan versus 1k is huge and could easily define the investor base on its own. I don't know anything about Bridgecrowd but Proplend holds back 15 months interest for 12 month loans like these, another huge factor.
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IFISAcava
Member of DD Central
Posts: 3,664
Likes: 2,988
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Post by IFISAcava on Apr 22, 2020 16:05:48 GMT
5k minimum per loan versus 1k is huge and could easily define the investor base on its own. I don't know anything Bridgecrowd but Proplend holds back 15 months interest for 12 month loans like these, another huge factor. Agreed, I think it is decent enough I'll be taking a small amount - generally cutting down p2p exposure, but I've sold a load of PL retail so this is a good home.
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eeyore
Member of DD Central
Posts: 744 
Likes: 734
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Post by eeyore on May 6, 2020 8:26:08 GMT
This is curious! The loan (PLL0933) has reappeared in the Pending Loans list whilst funds are still in the Waiting-to-Close list. Perhaps the loan has filled, been drawndown and someone clicked on the wrong buttons?
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Post by uksoul on May 6, 2020 10:38:39 GMT
This is curious! The loan (PLL0933) has reappeared in the Pending Loans list whilst funds are still in the Waiting-to-Close list. Perhaps the loan has filled, been drawndown and someone clicked on the wrong buttons? It appears to have been an error. The loan still has a bit of TB left and back in its' right spot.
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Post by overthehill on Sept 28, 2021 14:35:25 GMT
Property has exchanged, loan due to repay by the end of the month (I'm reading that as Sep)
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Post by uksoul on Sept 30, 2021 11:05:41 GMT
Loan repaid today  |
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Post by overthehill on Sept 30, 2021 12:26:51 GMT
Loan repaid today + penalty interest + exit fee share. No rush, withdrawals not re-enabled yet.
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Post by uksoul on Sept 30, 2021 12:38:37 GMT
Loan repaid today + penalty interest + exit fee share. No rush, withdrawals not re-enabled yet. Yeah repaid with EXTRA and withdrawing on hold at the moment as expected..
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Post by uksoul on Sept 30, 2021 13:16:38 GMT
Withdrawals have now resumed
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mcfc
I’m invested in Qardus, Loanpad, Proplend, and Crowproperty
Posts: 91
Likes: 62
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Post by mcfc on Sept 30, 2021 13:38:37 GMT
Not for me they haven’t. Tried at 14.40 today and withdrawals still suspended. Most inconvenient
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Post by uksoul on Sept 30, 2021 13:45:16 GMT
Not for me they haven’t. Tried at 14.40 today and withdrawals still suspended. Most inconvenient They are now repaying the P.....borough loan so withdrawals will be delayed again
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bababill
Member of DD Central
Posts: 525
Likes: 243
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Post by bababill on Oct 1, 2021 1:03:06 GMT
For the people that are withdrawing are you not planning on investing in the upcoming Northampton loan?
I have increased my maximum investment per loan to try and reinvest the proceeds asap especially since the Northampton loan is likely to have 3k or greater bid limits.
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Post by uksoul on Oct 1, 2021 6:57:43 GMT
For the people that are withdrawing are you not planning on investing in the upcoming Northampton loan? I have increased my maximum investment per loan to try and reinvest the proceeds asap especially since the Northampton loan is likely to have 3k or greater bid limits. I withdraw some but left a fair chunk to invest in Northampton and Strand who will also have a a larger than 1K bid limit. Reinvest ASAP as it helps with the magic of compounding.
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