stokeloans
Member of DD Central
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Post by stokeloans on Jun 7, 2016 8:50:27 GMT
It's not for me.I wouldn't be seen dead investing in a cemetery
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Post by retired2005 on Jun 7, 2016 8:58:05 GMT
.....and its not even in the dead centre of the town.....keep 'em coming......!!  |
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SteveT
Member of DD Central
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Post by SteveT on Jun 7, 2016 9:04:26 GMT
Writing off this loan too soon could prove a grave mistake  |
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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
Posts: 11,334
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Post by ilmoro on Jun 7, 2016 9:15:12 GMT
I was so shockêd by the valuation I had a coffin fit. Now my chest really hearse.
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jonno
Member of DD Central
nil satis nisi optimum
Posts: 2,808
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Post by jonno on Jun 7, 2016 9:19:31 GMT
This does look a risky undertaking but at least it's in the dead centre of town
But I bet there will be a few dying to get into it.
Still, it's their funeral.
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Steerpike
Member of DD Central
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Post by Steerpike on Jun 7, 2016 9:49:07 GMT
If you hades loans and you can't styx it, you may find that it will take it's toll and could be hell if you are looking for an early exit.
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warn
Member of DD Central
Curmudgeon
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Post by warn on Jun 7, 2016 10:13:59 GMT
Could we please declare a cremoratorium on these puns?
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jimbob
Member of DD Central
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Post by jimbob on Jun 7, 2016 11:32:32 GMT
If the loan defaults will we have to go digging around for buyers ?
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Post by nanniema on Jun 7, 2016 15:24:06 GMT
Attractive prospect - nice quiet neighbours. I'm in, not quite yet though.
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Post by GSV3MIaC on Jun 7, 2016 16:12:59 GMT
Apologies for breaking the puns thread, but ..
Reading the details on this, I am a little confused. Exit is supposed to be by refinance (B Bank), but then it goes on to say the borrower is sure they can sell enough plots to pay off the loan within the period (that's quite a lot of plots!) .. so which is it supposed to be?! There's nothing like a good clear exit strategy, and this is ...... 8>.
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Liz
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Post by Liz on Jun 7, 2016 17:56:05 GMT
Apologies for breaking the puns thread, but .. Reading the details on this, I am a little confused. Exit is supposed to be by refinance (B Bank), but then it goes on to say the borrower is sure they can sell enough plots to pay off the loan within the period (that's quite a lot of plots!) .. so which is it supposed to be?! There's nothing like a good clear exit strategy, and this is ...... 8>. I thought the same. Maybe if they can't refinance they are hedging their bets.
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Post by earthbound on Jun 7, 2016 18:02:51 GMT
Does anyone know the mortality rate round those parts?
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Liz
Member of DD Central
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Post by Liz on Jun 7, 2016 18:06:16 GMT
Does anyone know the mortality rate round those parts? Nope. The issue is would people pay 15k for a 50 year lease? Maybe they would for a 200 year lease, but after 50 years, you are dug up and pit in the bins(non recyclable)
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gurberly
Member of DD Central
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Post by gurberly on Jun 7, 2016 18:25:44 GMT
Well everybody has got to die sometime, its just a case of where they (being your loved ones, or not so loved ones) put you. Sadly many football grounds stopped their ash scattering service years ago. And whilst for £15k I might consider being scattered at Anfield, £15k for a 50 year plot in Essex is extortionate! There is hallowed ground, and then there is really hallowed ground |
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Post by earthbound on Jun 7, 2016 18:27:35 GMT
Does anyone know the mortality rate round those parts? Nope. The issue is would people pay 15k for a 50 year lease? Maybe they would for a 200 year lease, but after 50 years, you are dug up and pit in the bins(non recyclable) i recently (april) had to deal with this, so i (pardon the pun) dug up the info ... the plot we bought for ash's at our local cemetery was £600.00 for a 30 year lease, so i reckon £15k for 50 yrs is a tad excessive.
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