adrianc
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Post by adrianc on Jan 20, 2016 18:34:09 GMT
I suspect anyone with any significant holding might find that their new investment is lower than their current one and they end up with spare cash on their hands. DFL02 is in the pipeline as £2.8m. The only pre-funds which got to that level were small loans in the silly massive-over-estimate gaming days, shortly before the rules were changed. If we go by the usual figure of about 1,200 pre-funders, then that's sufficient for an average of nearly £2.5k each. I strongly suspect that, so long as DFL02 isn't the first to launch after a long drought (like now...), everybody will get something very close to their pre-fund, if not 100%. DFL01 - at nearly £6m - is a no-brainer for 100% allocation, with a big stack sitting on the SM for quite possibly weeks afterwards.
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star dust
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Post by star dust on Jan 20, 2016 18:41:11 GMT
Thanks for the reply. A rollover would be appreciated (by me at least) as it would help existing lenders keep their money invested if they wanted the new loan. I suspect anyone with any significant holding might find that their new investment is lower than their current one and they end up with spare cash on their hands. Having said that, I'm sure that offering a rollover would create additional work in terms of extra administration and/or system development. Probably not worth doing unless there are likely to be more rollovers in future. So I class this as a nice to have rather than essential. Maybe existing lenders could have preference in the pre-funding  I think DFL001 could also be a rollover loan and I would certainly favour the introduction of that type of system. MT have a successful Rollover system in place, so SS could introduce it. I think SS actually did a rollover once before with PBL 02 IIRC. These two loans are considerably larger, and above £1m, than the existing ones they are replacing, so I don't see any point to it at all, I'm sure most will get what they want if they choose to pre-fund. Also the rollovers on MT are on a different kind of asset and not surprisingly as not much doesn't roll-over at the moment, cause grumbles from some of the newer investors. We get rollovers of a sort on SS as we automatically stay in any loan extensions, of which there are quite a few  .
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sam i am
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Post by sam i am on Jan 20, 2016 18:55:57 GMT
I think DFL001 could also be a rollover loan and I would certainly favour the introduction of that type of system. MT have a successful Rollover system in place, so SS could introduce it. I think SS actually did a rollover once before with PBL 02 IIRC. These two loans are considerably larger, and above £1m, than the existing ones they are replacing, so I don't see any point to it at all, I'm sure most will get what they want if they choose to pre-fund. Also the rollovers on MT are on a different kind of asset and not surprisingly as not much doesn't roll-over at the moment, cause grumbles from some of the newer investors. We get rollovers of a sort on SS as we automatically stay in any loan extensions, of which there are quite a few . You're right. Most people will get what they want on this one. One of the earlier loans had pre-funding of £4m but there would have been a fair bit of gaming on that one.
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jamesc
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Post by jamesc on Jan 22, 2016 10:27:43 GMT
Hi
Could someone help me please with the pipeline loans the only one that I can see has any doc's for is Hull. I understood that others had docs or am I mistaken ? Also where do you see what stage a loan has reached ? And does anyone have a view as to which loan is likely to be next to launch ?
Thanks
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Jan 22, 2016 10:36:29 GMT
Hi
Could someone help me please with the pipeline loans the only one that I can see has any doc's for is Hull. I understood that others had docs or am I mistaken ? Also where do you see what stage a loan has reached ? And does anyone have a view as to which loan is likely to be next to launch ?
Thanks The Semi & Durham also have valuations For the others; as these are pipeline loans (some in their early stages) valuations have yet to be carried out by SS. However these will be available before the loan goes live. As for which loan is likely to be next to launch; SS do provide regular e-mails with updates on the current statues of pipeline loans, so if your signed up keep an eye out for them. Their most recent update (16/01/2016) would suggests that the Simi Detached House or Hull development could be next.
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oldgrumpy
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Post by oldgrumpy on Jan 22, 2016 10:37:54 GMT
Great Bookham and Durham have valuations which you can see by clicking the three horizontal lines thingy (under available funds) to get "list" format, then clicking the valuation icon. The column to the left of the valuation shows the stage. We can't tell which loan will draw next until a number is allocated, then it is usually drawdown imminent.
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ilmoro
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'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 Jan 22, 2016 11:00:06 GMT
For convenience, pipeline loans are list below the update list here colour coded by stage. If there's a valuation, the relevant value is a clickable link. |
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ablender
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Post by ablender on Jan 22, 2016 11:16:30 GMT
For convenience, pipeline loans are list below the update list here colour coded by stage. If there's a valuation, the relevant value is a clickable link. Great ilmoro. Always on top of things with winged pig on top of head. Ratatouille comes to mind. Watch out . . . that critic.
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jamesc
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Post by jamesc on Jan 22, 2016 11:19:13 GMT
Thanks Cooling_dude, Oldgrumpy and ilmoro for your responses, most helpful.
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star dust
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Post by star dust on Jan 22, 2016 14:39:41 GMT
I see the 'overvalued' land in Surrey has disappeared from the pipeline  , but as noted elsewhere, some more documents added for the campsite, Peterborough office block, and boatyard. |
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ablender
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Post by ablender on Jan 22, 2016 20:42:37 GMT
I see the 'overvalued' land in Surrey has disappeared from the pipeline , but as noted elsewhere, some more documents added for the campsite, Peterborough office block, and boatyard. Which one? I only remember one in B****, Surrey and it is at stage 2. Was there another one or are you referring to this one?
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mikes1531
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Post by mikes1531 on Jan 22, 2016 20:48:51 GMT
I see the 'overvalued' land in Surrey has disappeared from the pipeline , but as noted elsewhere, some more documents added for the campsite, Peterborough office block, and boatyard. Which one? I only remember one in B****, Surrey and it is at stage 2. Was there another one or are you referring to this one? I don't remember the exact details, but there was a pipeline loan of about £2.4M on a bit of land with OPP valued at about £3.5M.
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ablender
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Post by ablender on Jan 22, 2016 20:54:40 GMT
Thanks, found it in ilmoro's list.
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awk
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Post by awk on Jan 22, 2016 21:57:33 GMT
If you look on the Barton Wyatt website for properties in Sunningdale you'll recognise the picture
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star dust
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Post by star dust on Jan 23, 2016 7:12:05 GMT
I see the 'overvalued' land in Surrey has disappeared from the pipeline , but as noted elsewhere, some more documents added for the campsite, Peterborough office block, and boatyard. Which one? I only remember one in B****, Surrey and it is at stage 2. Was there another one or are you referring to this one?valuation has come in below expectation Answered already, but the 'overvalued' bit was a reference to SS's latest update here where they stated "the valuation has come in below expectation", and I suspect was a reason it ended up being pulled.
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, but as noted elsewhere, some more documents added for the campsite, Peterborough office block, and boatyard. 
