awk
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Post by awk on May 27, 2016 13:08:13 GMT
Only 120 days - is that a first ?
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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 May 27, 2016 13:14:14 GMT
Only 120 days - is that a first ? No, there was a 3 month PBL IRC Edit actually 2 PBL23 which actually did run for 3 months and PBL21 which slightly overran ... by 10.5 months!
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Post by meledor on May 27, 2016 13:46:58 GMT
PBL102 - It seems strange that the tenants who are a firm of solicitors have not paid rent since November 2013. And furthermore a notice of irritancy was issued by the owner in 2012 but has not been resolved.
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adrianc
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Post by adrianc on May 27, 2016 14:56:24 GMT
PBL102 - It seems strange that the tenants who are a firm of solicitors have not paid rent since November 2013. And furthermore a notice of irritancy was issued by the owner in 2012 but has not been resolved. A "notice of irritancy"...! Sometimes, you have to love Scottish law...
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on May 27, 2016 16:57:25 GMT
The two Glasgow tiddlers that were recently added now have numbers - PBL101 and PBL102. Presumably they will go live soon but no email yet. Edit: I think it is now customary to hand over to cooling_dude  Your going to be waiting a while... I'm stuck on the M11 and at this rate I won't be home until early July!
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mikes1531
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Post by mikes1531 on May 27, 2016 18:09:34 GMT
The stated exit strategy is "Sale". As a result, I've submitted the following Q to SS... I have trouble believing that this property actually could be done up and sold in less than four months. I can't help thinking that SS's policy of retaining interest up front, and seemingly not having penalty clauses requiring a higher interest rate if a loan isn't repaid on time, lead borrowers to understate the term they expect to need the loan for -- resulting in unrealistic expectations and negative terms remaining.
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Post by GSV3MIaC on May 28, 2016 13:42:17 GMT
PBL102 - It seems strange that the tenants who are a firm of solicitors have not paid rent since November 2013. And furthermore a notice of irritancy was issued by the owner in 2012 but has not been resolved. /mod hat definitely off Oh joy .. so if this one goes pear-shaped I guess we could instruct them to evict themselves so we could sell the property with vacant possession? Unless SS's new head of legal is well versed in Scottish Property Law as well as the more vanilla kind.
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Post by brianac on May 28, 2016 16:45:52 GMT
/mod hat definitely off Oh joy .. so if this one goes pear-shaped I guess we could instruct them to evict themselves so we could sell the property with vacant possession? Unless SS's new head of legal is well versed in Scottish Property Law as well as the more vanilla kind. I can't help thinking of the reputation Solicitors have on another popular P2P site forum. Hopefully not the same firm(s) Brian
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bloodycat
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Post by bloodycat on May 31, 2016 20:29:32 GMT
Valuation on W******* farm looks a bit optimistic since it appears to be being marketed as offers around £1.3 M considered.
Edit: I see this was discussed several weeks ago (possibly under a slightly different guise). The £1.3M might just be what the bank want to cut their losses ( since they appear to have lost an adjudication a couple of years ago). Having said that from what I have read, even if the valuation is valid, I won't be rushing to put any of my spare cash into it and certainly wouldn't leave any in to the full term.
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ped
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Post by ped on May 31, 2016 21:48:14 GMT
I hope SS come up with some quality loans soon, I count 14+ paying back in June from the last update.
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mikes1531
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Post by mikes1531 on Jun 1, 2016 11:59:20 GMT
Valuation on W******* farm looks a bit optimistic since it appears to be being marketed as offers around £1.3 M considered. Edit: I see this was discussed several weeks ago (possibly under a slightly different guise). The £1.3M might just be what the bank want to cut their losses ( since they appear to have lost an adjudication a couple of years ago). Having said that from what I have read, even if the valuation is valid, I won't be rushing to put any of my spare cash into it and certainly wouldn't leave any in to the full term. This makes me wonder whether the 2% PF is large enough.
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ben
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Post by ben on Jun 1, 2016 12:09:03 GMT
I hope SS come up with some quality loans soon, I count 14+ paying back in June from the last update. Most of thes have been paying back since about March so no real worry about that.
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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 Jun 1, 2016 14:06:14 GMT
ANNOUNCEMENTIt is with great sadness that we have to announce that after seven months of loyal service, everyone's pipeline favourite, the Hull loan, has been now been posted Missing in Action 
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Post by earthbound on Jun 1, 2016 15:16:48 GMT
I'm really going to miss hull in the pipeline page,.... it feels like ive lost a mate ..  |
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Liz
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Post by Liz on Jun 1, 2016 15:17:56 GMT
ANNOUNCEMENTIt is with great sadness that we have to announce that after seven months of loyal service, everyone's pipeline favourite, the Hull loan, has been now been posted Missing in Action OMG!!! Maybe The town of Hull has been washed away.
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