jcb208
Member of DD Central
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Post by jcb208 on Nov 17, 2016 17:24:59 GMT
Next tranche's of DFL001 and DFL002 now in the pipeline
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star dust
Member of DD Central
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Post by star dust on Nov 18, 2016 10:04:16 GMT
Next tranche's of DFL001 and DFL002 now in the pipeline Go live email received this morning - going live tomorrow Saturday 19th November - to be filled bottom up DFL001 - Tranche 4 - £385,342 DFL002 - Tranche 5 - £242,313
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SteveT
Member of DD Central
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Post by SteveT on Nov 18, 2016 10:38:40 GMT
Btw, for anyone currently with £5k+ burning a hole in their pocket, BridgeCrowd still have £600k availability in a £1.74m loan at 12%, secured 2nd charge at 61% LTV on a substantial (owner-occupied) house in Ealing, 12 months term with full interest retained at drawdown.
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Post by thetreasurer on Nov 18, 2016 11:03:04 GMT
Looking forward to the £50 of the pre-funded £2500
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Post by Deleted on Nov 18, 2016 11:07:21 GMT
Btw, for anyone currently with £5k+ burning a hole in their pocket, BridgeCrowd still have £600k availability in a £1.74m loan at 12%, secured 2nd charge at 61% LTV on a substantial (owner-occupied) house in Ealing, 12 months term with full interest retained at drawdown. I might have £5 in a pocket if I have a good look  
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ganymede
Member of DD Central
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Post by ganymede on Nov 18, 2016 12:01:56 GMT
Btw, for anyone currently with £5k+ burning a hole in their pocket, BridgeCrowd still have £600k availability in a £1.74m loan at 12%, secured 2nd charge at 61% LTV on a substantial (owner-occupied) house in Ealing, 12 months term with full interest retained at drawdown. Had a look, could have put the £5k minimum per loan into the FAQ's. Also seems to be no Secondary Market either yet FAQ says there is, so no exit if needed, no picking up a spread of loans. Not for me.
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Post by wickedxuk on Nov 18, 2016 13:48:19 GMT
Btw, for anyone currently with £5k+ burning a hole in their pocket, BridgeCrowd still have £600k availability in a £1.74m loan at 12%, secured 2nd charge at 61% LTV on a substantial (owner-occupied) house in Ealing, 12 months term with full interest retained at drawdown. Had a look, could have put the £5k minimum per loan into the FAQ's. Also seems to be no Secondary Market either yet FAQ says there is, so no exit if needed, no picking up a spread of loans. Not for me. I've recently raised this with Louis and asked him to reword the FAQ. The secondary market is available - you simply have to email them and they put what you want up for sale, the market just isn't automated yet but you can still sell and BC have very high demand (normally) for their loans I don't see selling been a problem. I'm working away a lot at the moment so this is my first post in quite some time! I can read but not respond to the forum on my work Internet connection. So while I have my phone available I would like to say a big thank you to everyone for keeping this forum alive. Cheers 🖒👏
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
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Post by cooling_dude on Nov 24, 2016 17:47:35 GMT
A new pipeline loan...
PBL - B******** Farm, P******** Cottages, Phase two.
SECURITY VALUE
£2,910,000
LOAN VALUE
£1,964,250
LOAN TO VALUE
68%
REMAINING TIME
183 days
ANNUAL RATE
12%
Note from SS...
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dovap
Member of DD Central
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Post by dovap on Nov 24, 2016 20:01:00 GMT
122 runs for longer although it was originally funding the new 'connected' pbl
but now isn't (well it might just depends innit)
so one big loan for a rake of holiday cottages really
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elliotn
Member of DD Central
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Post by elliotn on Nov 25, 2016 17:36:41 GMT
Only just got out of pbl122 for frack sake  . |
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jamesc
Member of DD Central
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Post by jamesc on Nov 28, 2016 16:35:35 GMT
The DFL for PBL96 is now in the pipeline but no DFL number yet, but at 10% if this is the new norm for DFL's then I will be not be in this one and will be withdrawing funds !
Probably the reason there is £6k on the SM !
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elliotn
Member of DD Central
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Post by elliotn on Nov 28, 2016 17:00:48 GMT
Another loan in Pipeline I didn't touch at 12%. Looks like PP enhancements being used to slash lenders' rates but, given risks inherent in rolling out dfls and the niche nature of this project, we are provided with another reason to diversify further on MT and Abl.
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bababill
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Post by bababill on Nov 29, 2016 0:31:20 GMT
Another loan in Pipeline I didn't touch at 12%. Looks like PP enhancements being used to slash lenders' rates but given risks inherent in rolling out dfls and the niche nature of this project we are provided with another reason to diversify further on MT and Abl. I am not studying closely but it looks like the original loan went live May 2016 and PP was already granted back in October 2015. I can only think its taken the borrower six months to renegotiate a better deal from say 18%-16%. At least going forwards the build program will only take 6 months. Then maybe it can be turned back into a proper PBL at 12%.
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Post by martin44 on Dec 12, 2016 7:54:11 GMT
<Gulp> Oh heck .. the birmingham mansion just got a pebble number. edit. <Yawn>.. rubs eyes.. Oh no it hasn't.. fell for it again,  |
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micky
Member of DD Central
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Post by micky on Dec 12, 2016 8:58:21 GMT
Are you sure it not just the address? edit. <Yawn>.. rubs eyes.. Oh no it hasn't.. fell for it again, :- Well it is early in the morning  |
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