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Post by kevin1841 on Sept 28, 2021 16:45:29 GMT
I still find this concerning... Has anyone found any marketing details for newly converted flats at 68 Mill Road, Abingdon? Or indeed anything in Mill Road.
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Post by overthehill on Sept 28, 2021 18:27:09 GMT
I still find this concerning... Has anyone found any marketing details for newly converted flats at 68 Mill Road, Abingdon? Or indeed anything in Mill Road. You mean these ones !
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Post by Ace on Sept 28, 2021 18:57:26 GMT
I still find this concerning... Has anyone found any marketing details for newly converted flats at 68 Mill Road, Abingdon? Or indeed anything in Mill Road. You mean these ones !
Note that 3 of them are labelled as "sold subject to contract", so hopefully this loan will repay soon. I don't see any need for concern given that the development is complete and LTV is under 20%. As LP have said, there's really no need to rush given our first charge position. I expect the lending partner will be pushing for a conclusion, given that they have lent more than twice as much as we have in a second charge capacity.
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g14npa
New Member
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Post by g14npa on Oct 1, 2021 13:43:09 GMT
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Post by kevin1841 on Oct 4, 2021 6:37:53 GMT
I still find this concerning... Has anyone found any marketing details for newly converted flats at 68 Mill Road, Abingdon? Or indeed anything in Mill Road. You mean these ones !
Jeez, how did I not find this? Very reassuring. I think this means that I'm further overthehill than you are!
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Post by overthehill on Oct 4, 2021 9:14:18 GMT
Not really , just sucked into a universe defined by Google.
Doesn't appear in the top pages for Google search , try duckduckgo.
Using multiple search engines by habit is the way to break the shackles of the greedy companies with the huge advertising revenues ! And find what you're looking for quicker.
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Post by kevin1841 on Nov 21, 2021 8:50:07 GMT
I see that all four are now 'Sold subject to contract' and they've been given another four months for these to complete.
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Post by Ace on Dec 3, 2021 21:22:52 GMT
According to the updates tab, this loan had now repaid. So there are no longer any defaulted loans on Loanpad.
The Repaid Loans tab doesn't seem to be aware of this yet, and the Live Data Feed tab doesn't seem to have fully updated yet. Perhaps they'll be corrected by the overnight redistribution run.
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firedog
Member of DD Central
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Post by firedog on Dec 4, 2021 7:59:20 GMT
According to the updates tab, this loan had now repaid. So there are no longer any defaulted loans on Loanpad. The Repaid Loans tab doesn't seem to be aware of this yet, and the Live Data Feed tab doesn't seem to have fully updated yet. Perhaps they'll be corrected by the overnight redistribution run. Yep, all sorted.
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Post by Ace on Dec 4, 2021 8:36:37 GMT
According to the updates tab, this loan had now repaid. So there are no longer any defaulted loans on Loanpad. The Repaid Loans tab doesn't seem to be aware of this yet, and the Live Data Feed tab doesn't seem to have fully updated yet. Perhaps they'll be corrected by the overnight redistribution run. Yep, all sorted. Indeed, the platform seems to be self consistent again now. I'd be interested to hear if anyone knows or understands the mechanism by which the size of the ICF has grown from £40k to a rather odd looking £42,315.80.
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trium
Member of DD Central
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Post by trium on Dec 8, 2021 11:09:26 GMT
I'd be interested to hear if anyone knows or understands the mechanism by which the size of the ICF has grown from £40k to a rather odd looking £42,315.80. Your question is answered in today's update, though I'm not sure you can have "simple compound interest" 🤔
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