star dust
Member of DD Central
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Post by star dust on Aug 6, 2015 17:19:33 GMT
After months of being out of date the Pipeline Loans list has been renewed: "Pipeline Loans Asset details Value TBC Loan TBC LTV Stage Notes Property Bridging Loan. £8,000,000 £4,000,000 50% 2 Yorkshire land with planning Property Bridging Loan £2,600,000 £250,000 10% 4 Farm, East Sussex Property Bridging Loan £2,200,000 £720,000 33%. 4 Woodland, East Sussex Property Bridging Loan £550,000 £385,000 70% 4 HMO Tunbridge Wells Property Bridging Loan £5,500,000 £500,000 9% 2 Nottingham Distibution Centre Total £5,855,000 " Watch out for more server meltdown ahead  . |
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Post by supernumerary on Aug 12, 2015 21:17:57 GMT
After months of being out of date the Pipeline Loans list has been renewed: "Pipeline Loans Asset details Value TBC Loan TBC LTV Stage Notes Property Bridging Loan. £8,000,000 £4,000,000 50% 2 Yorkshire land with planning Property Bridging Loan £2,600,000 £250,000 10% 4 Farm, East Sussex Property Bridging Loan £2,200,000 £720,000 33%. 4 Woodland, East Sussex Property Bridging Loan £550,000 £385,000 70% 4 HMO Tunbridge Wells Property Bridging Loan £5,500,000 £500,000 9% 2 Nottingham Distibution Centre Total £5,855,000 " Watch out for more server meltdown ahead . Does anybody have an 'inkling'/hunch, as to when any of these loans is likely to be open for lenders?
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Aug 12, 2015 21:59:07 GMT
After months of being out of date the Pipeline Loans list has been renewed: "Pipeline Loans Asset details Value TBC Loan TBC LTV Stage Notes Property Bridging Loan. £8,000,000 £4,000,000 50% 2 Yorkshire land with planning Property Bridging Loan £2,600,000 £250,000 10% 4 Farm, East Sussex Property Bridging Loan £2,200,000 £720,000 33%. 4 Woodland, East Sussex Property Bridging Loan £550,000 £385,000 70% 4 HMO Tunbridge Wells Property Bridging Loan £5,500,000 £500,000 9% 2 Nottingham Distibution Centre Total £5,855,000 " Watch out for more server meltdown ahead . Does anybody have an 'inkling'/hunch, as to when any of these loans is likely to be open for lenders? Well the two Sussex ones have a deadline of the 18th according to the latest update, otherwise no, all depends on legals & duedil but I would predict something in the next 10 days
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Post by pepperpot on Aug 12, 2015 22:15:37 GMT
I preferred the 18% deadline, much more attractive.  |
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sqh
Member of DD Central
Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
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Post by sqh on Aug 12, 2015 22:29:28 GMT
After months of being out of date the Pipeline Loans list has been renewed: "Pipeline Loans Asset details Value TBC Loan TBC LTV Stage Notes Property Bridging Loan. £8,000,000 £4,000,000 50% 2 Yorkshire land with planning Property Bridging Loan £2,600,000 £250,000 10% 4 Farm, East Sussex Property Bridging Loan £2,200,000 £720,000 33%. 4 Woodland, East Sussex Property Bridging Loan £550,000 £385,000 70% 4 HMO Tunbridge Wells Property Bridging Loan £5,500,000 £500,000 9% 2 Nottingham Distibution Centre Total £5,855,000 " Watch out for more server meltdown ahead . Does anybody have an 'inkling'/hunch, as to when any of these loans is likely to be open for lenders? You can do the duedil on the woodland now. I'm pretty sure it's PBL024 that was withdrawn 6 months ago. You'll find it under the "repaid loans" tab.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Likes: 11,549
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Post by ilmoro on Aug 12, 2015 23:17:30 GMT
I preferred the 18% deadline, much more attractive. Thought someone might, almost left it but then there's pedants around these here parts I'm a hearing (Sorry H8ful Eight trailer's up so I'm in Western mode)
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Post by supernumerary on Aug 13, 2015 7:52:51 GMT
Does anybody have an 'inkling'/hunch, as to when any of these loans is likely to be open for lenders? Well the two Sussex ones have a deadline of the 18th according to the latest update, otherwise no, all depends on legals & duedil but I would predict something in the next 10 days Thank you for taking the time to reply. Much appreciated.
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Post by supernumerary on Aug 13, 2015 8:01:39 GMT
Does anybody have an 'inkling'/hunch, as to when any of these loans is likely to be open for lenders? You can do the duedil on the woodland now. I'm pretty sure it's PBL024 that was withdrawn 6 months ago. You'll find it under the "repaid loans" tab. Thank you for the heads up on that. IMHO, I think you are SPOT ON. I note that in document for PBL024, the following; "The survey report states an open market value of £2.2m, however we have made our credit decision based on the 180 day sale value of £1.87m to give additional comfort." The £2.2m valuation, is the indication for me, that IMHO, I think you are SPOT ON. Well spotted.
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dp
Member of DD Central
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Post by dp on Aug 14, 2015 11:03:15 GMT
Would be nice for a new loan or loans (maybe not be greedy) to land today.
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j
Member of DD Central
Penguins are very misunderstood!
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Post by j on Aug 16, 2015 17:55:49 GMT
Is this a week where we might get a few of the upcoming loans at stage 4 going live?
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Post by xyon100 on Aug 16, 2015 21:00:31 GMT
I suspect we will be getting some this week, but it's nothing more than suspicion. I've been picking up scrap on the secondary market and boy, what an education that has been. There have been times where the loan on offer is gone within five minutes of showing up!
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jonbvn
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Post by jonbvn on Aug 16, 2015 21:43:13 GMT
I suspect we will be getting some this week, but it's nothing more than suspicion. I've been picking up scrap on the secondary market and boy, what an education that has been. There have been times where the loan on offer is gone within five minutes of showing up! Tell me about it. Blink & you miss it. I do detest the sub £1 bits of loans TBH.
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Post by xyon100 on Aug 16, 2015 22:57:03 GMT
I suspect we will be getting some this week, but it's nothing more than suspicion. I've been picking up scrap on the secondary market and boy, what an education that has been. There have been times where the loan on offer is gone within five minutes of showing up! Tell me about it. Blink & you miss it. I do detest the sub £1 bits of loans TBH. Almost literally blink and you miss it. There as one for 3500 that was gone within 15 seconds of me seeing it. I suspect that while demand is this high certain issues such as overseas lenders not getting text messages will not be a priority for SS.
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jonah
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Post by jonah on Aug 17, 2015 4:59:50 GMT
However I do keep seeing SS advertising for lenders, which seems to be loading up the 'wrong' side of the balance for where we are right now. Hopefully this means they know that they have a deluge of high quality loans about to reach the platform!
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Post by supernumerary on Aug 25, 2015 20:50:40 GMT
Heads up on this. £6,070,820 now in stage 4. Attachments:
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