rogerthat
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Post by rogerthat on Jul 9, 2021 13:06:14 GMT
Loan Reference: 2796468189 An update has just been added to a loan that you have an investment in. UPDATE: The sale of the property by the administrators of the borrower company completed on 22 April 2021 for the sum of £151,000, and funds have been received. This is in addition to the non-refundable of £32,000 received in October 2020. These funds are held accordingly, and a breakdown of costs will be provided in due course. Loan £310K Live on 11/10/2017 Recovered £183K...less costs Same borrower (director / shareholder) as * Development Plot, Liverpool (DD Thread) * W*st D*rby Road, Liverpool (DD Thread) * Commercial/Residential Property - G**f O*k REPAID (DD Thread) * Property in Southampton (DD Thread) * A******* L*dge, Gosport, Hampshire (DD Thread) * Property in Greenwich (DD Thread) * 2nd charge Farnham, Hertfordshire (DD Thread)
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adrian77
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Post by adrian77 on Jul 9, 2021 19:51:47 GMT
It's that man again - careful with what I am saying here but I have wondered if such people have sussed FS and taken them to the cleaners - no idea if this has happened here but after 30 seconds of DD I wanted nothing to do with him. Is it fair to say that either via complicity or mind-boggling incompetence we FS lenders have been well and truly shafted - will this muppet bloke still be in business in 12 months - course he bloody will!
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rogerthat
Member of DD Central
Posts: 2,048
Likes: 1,994
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Post by rogerthat on Jul 30, 2021 14:57:20 GMT
Update 30/07/21 Derwent Road, Liverpool.."As per the previous update, the property has sold and a breakdown of the costs, to include the return to investors will be provided in due course"
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