benaj
Member of DD Central
Posts: 4,853 
Likes: 1,591
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Post by benaj on Jul 3, 2020 12:19:13 GMT
I suppose it's kinda good news to receive partial payment.
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Post by timsykes on Jul 4, 2020 4:08:07 GMT
An initial partial payment...I'm optimistic that more will follow.
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pfffill
Member of DD Central
Posts: 175
Likes: 206
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Post by pfffill on Jul 30, 2021 13:48:57 GMT
Update today:
"The borrower is undertaking works at the Property in order to secure a refinance. It is understood that the borrower is waiting for the Council to sign off on the works before they were completed, for refinance to be arranged. The borrower's solicitor has further indicated that due to Covid and the building being a Listed Building, that it is taking more time to obtain the relevant consents."
I'll take your Covid and raise you two vaccinations....
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iRobot
Member of DD Central
Posts: 1,656
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Post by iRobot on Oct 29, 2021 17:08:44 GMT
29/10/2021 - Receivers have confirmed that the property will be marketed on a joint agency basis via Sanderson Weatherall and a local agent, Rawlins and Madley. Interest will be monitored over the coming months, and if necessary, a sale via auction will be considered.
Loan amount c. £227k, accrued lenders' interest c £69k
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