SteveT
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Post by SteveT on Sept 17, 2016 20:14:42 GMT
If the first tranche is >£4m then I think you might be pleasantly surprised how much you can get. I hadn't thought about the possibility of some MT investors following the loan across. Seems a very reasonable thing to do, especially since they could INPL at SS. SteveT : Are you suggesting that someone who asked for £15-20k of PBL131 might have got it? I can't be certain (that's well above my level) but the fact there was £77k on the SM immediately post-launch suggests that even the BHs received their pre-funding requests in full: p2pindependentforum.com/post/137716/thread
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Post by supernumerary on Sept 22, 2016 10:08:31 GMT
Advance notice to be sent 05/09/2016 Potentially 3 x London properties (withdrawn from pipeline in July) £3m over the 3 properties. Saving Stream DID use the word 'potentially', so I wonder if there is just a delay, or whether it now isn't going to happen at all... 
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mikes1531
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Post by mikes1531 on Sept 22, 2016 12:18:55 GMT
Advance notice to be sent 05/09/2016 Potentially 3 x London properties (withdrawn from pipeline in July) £3m over the 3 properties. Saving Stream DID use the word 'potentially', so I wonder if there is just a delay, or whether it now isn't going to happen at all... I had the same question. Perhaps savingstream would be so kind as to give us an update? The pipeline is looking rather small at the moment. 
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Post by buttchopf23 on Sept 22, 2016 12:52:27 GMT
The pipeline can change really quickly, so no worries.
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Post by GSV3MIaC on Sept 22, 2016 17:49:26 GMT
Historically the pipeline has been somewhat iceberg-like, with a lot of action happening under the waterline. 8>.
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SteveT
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Post by SteveT on Sept 22, 2016 18:12:47 GMT
Historically the pipeline has been somewhat iceberg-like, with a lot of action happening under the waterline. 8>. ... before a loan of titanic proportions looms suddenly out of the mist, followed by a prolonged sinking feeling ...
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Post by Deleted on Sept 22, 2016 19:44:39 GMT
Saving Stream DID use the word 'potentially', so I wonder if there is just a delay, or whether it now isn't going to happen at all... I had the same question. Perhaps savingstream would be so kind as to give us an update? The pipeline is looking rather small at the moment. They've just listed £10m of new loans in the last week ... lets get some repayments before they list more new loans.
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sam i am
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Post by sam i am on Sept 22, 2016 20:43:28 GMT
I had the same question. Perhaps savingstream would be so kind as to give us an update? The pipeline is looking rather small at the moment. They've just listed £10m of new loans in the last week ... lets get some repayments before they list more new loans. Don't worry the Gloucestershire convent loans are repaying today. 
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fp
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Post by fp on Sept 22, 2016 20:49:21 GMT
They've just listed £10m of new loans in the last week ... lets get some repayments before they list more new loans. Don't worry the Gloucestershire convent loans are repaying today. Are they working late? 
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sam i am
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Post by sam i am on Sept 22, 2016 20:53:22 GMT
Don't worry the Gloucestershire convent loans are repaying today. Are they working late? About 3 months late according to the updates
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Post by martin44 on Sept 22, 2016 21:00:11 GMT
I had the same question. Perhaps savingstream would be so kind as to give us an update? The pipeline is looking rather small at the moment. They've just listed £10m of new loans in the last week ... lets get some repayments before they list more new loans. Only a measly million tho at the moment, interest at the end of the month will cover those, but do agree that we need to see some repayments asap, SM awash with -days stuff.
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fp
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Post by fp on Sept 22, 2016 21:07:06 GMT
Sm is looking like a bankrupt stock outlet
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Jeepers
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Post by Jeepers on Sept 22, 2016 21:13:35 GMT
Sm is looking like a bankrupt stock outlet All with negative days... let's hope the borrowers aren't bankrupt 😕
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goopy
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Post by goopy on Sept 24, 2016 20:24:31 GMT
Nothing to see here, move along please..............  |
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mikes1531
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Post by mikes1531 on Sept 27, 2016 11:02:08 GMT
I received an email today, and had to resurrect this... Strategy and Purpose of Borrowing/ Objective The purpose of the loan is to purchase the site and offer it as a cemetery, for which there is very strong demand from the local community. Some initial purchases of leases on burial plots have already been agreed. Each burial plot is priced at £15,000 for a 50 year lease post-burial, with longer leases available. There are c27,000 burial plots over the 22 acres (average site density nationally is 1250 burial plots per acre). The site could potentially generate c£400m of income every 50 years from sales of burial plot leases. Many individuals pay in advance for a burial plot over the course of the latter half of their lifetimes rather upon death i.e. £100 per month to reserve a specific plot within the cemetery. Many families want to be buried close to each other and will often acquire nearby burial plots for future use. /********************************************************************* The customer is quite confident that he will be able to sell enough plots to generate sufficient capital to repay us within our loan term. **********************************************************************/ Quick check for names, locations.... OK
Reads like a fairy story!!! Yes I know there is a shortage of burial plots, but pleeeease.... Can someone do the maths for me. How many people need to buy a plot... in advance.... to repay the loan? And the population of the Essex town R******* is??? As an aside, would you pay £100pcm just to reserve a plot? The email was describing an investment opportunity in R***ham cemetery, offering... - Invest at £2400 per plot (minimum 4)
- Current market value is £4000+ in Greater London
- 40% ROI in 2 years
- Safe, secure and Brexit proof!
- Fastest selling alternative investment in 2016
- Huge demand for burial space against critical supply in most London Boroughs, with many already full to capacity!
- H***** Investments are the master agents and we are readdressing this severe supply and demand imbalance
I can't help wondering whether the potential SS borrower ever got anyone to support their grand scheme.
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