|
Post by filip on Sept 2, 2023 11:36:46 GMT
3 1st charge 8%-ish blackpool loans (same borrower I think) all repaid in full. 100% repayment record still intact until further notice!
Thank you, overthehill. I don't think many platforms will be able to maintain their no loss records once this crisis is over (including ours). It's probably the worst crisis facing the real estate industry since 2008, and in some ways, even worse than that. LLI is well capitalised and do not need to originate loans to be able to meet our financial obligations (or rely on constant equity raises - indeed, we have not raised equity since 2020), ensuring prudent loans are being written despite of the very tough market conditions. Very few platforms are in similar position to us in this aspect. Filip
|
|
|
Post by overthehill on Oct 13, 2023 19:51:31 GMT
3 1st charge 8%-ish blackpool loans (same borrower I think) all repaid in full. 100% repayment record still intact until further notice!
1st charge 8% Nor* Road loan repaid in full. 100% repayment record still intact -ish.
|
|
|
Post by overthehill on Dec 20, 2023 12:53:57 GMT
2nd charge 13% bar* road bridge loan repaid in full
1st charge 7.7% por* street dev loan repaid in full
100% repayment record still intact.
|
|
|
Post by Ace on Jan 16, 2024 22:59:24 GMT
48% of the M****t S****t loan was repaid today, its due date. The remainder has been extended for another year.
There are also a few recent updates on other loans.
|
|
|
Post by overthehill on Mar 7, 2024 21:49:26 GMT
Senior + Junior Loan for Hea* La* repaid in full today.
|
|
|
Post by overthehill on Mar 27, 2024 10:58:01 GMT
Tab* Road 1st charge development loan 7.7% repaid in full.
100% repayment record still AFAIK, 1 active default.
|
|
|
Post by overthehill on May 2, 2024 21:21:42 GMT
Cen* Build* 1st charge bridging loan 8% repaid in full.
100% repayment record AFAIK, 1 long term default.
|
|