|
|
Post by dualinvestor on Jun 7, 2016 18:35:52 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. Why would anyone need to hedge their bets if they have a dead cert?
|
|
|
|
Post by earthbound on Jun 7, 2016 18:41:13 GMT
You know, I have a failed vegetable plot in my garden... Why failed? ... lazy a*se.  TBH .. I also have a small veg plot , green beans and sprouts, i luv em, but can i be bothered to clear out the plot when harvested.. Nope. 
|
|
|
|
Post by earthbound on Jun 7, 2016 18:52:50 GMT
I think you are just seeking to resurrect your vegetable plot. It was always said that the greenest spot in prisons were where they buried the executed convicts We found a heck of a lot of bones while digging the veg patches here... Unfortunately, they were probably dog, so no excuse to get West Mercia constabulary to help dig. You could always ask south yorkshire police.. they will happily just cover em up.
|
|
star dust
Member of DD Central
Posts: 2,998
Likes: 3,531
|
Post by star dust on Jun 7, 2016 18:54:49 GMT
Mod Hat Definitely On/
A number of posts have just been removed from this thread, this is the second time today that the mods have had to intervene and remove some tasteless and offensive posts. I appreciate this subject is going to be prone to the obvious puns, but can I please remind everybody that it can also be a very emotive/ personal subject, and please take care in your comments.
|
|
|
|
Post by bracknellboy on Jun 7, 2016 19:43:18 GMT
I have now removed a number (4 ?) of other posts on this thread, based on a post by cooling_dude that was re-tweeted and commented on. Given that this is a public forum and therefore indexed by e.g. google, keep in mind/consider how individual posts and subsequent replies might appear without the context of knowledge of the loan under discussion before posting. |
|
|
|
Post by earthbound on Jun 8, 2016 18:49:07 GMT
After some digging it would appear that the plots at the graveyard are already up for sale, through an investment co, as an investment tool at substantially less than £15k. and if i'm reading it right, at approx 15% of the £15k. They are apparently being touted as an alternative investment, aimed at investors who are losing faith in the London buy to let market. "At R****** you can buy four burial plots for £8,000 – the minimum investment – and the developer is guaranteeing a return on investment of 40 per cent in two years. If your plot has not been bought in that time – by a family needing a plot or by another investor – then the developer is offering to buy it back." "It sounds too good to be true and, to some extent, it probably is. For a start, this is not a type of business that is regulated by the Financial Conduct Authority, or any other regulator." edit.. Errrm as pointed out upthread in the bit that i didnt bother reading.  Time for a cup of tea i think. |
|
peony
New Member
Posts: 1
Likes: 2
|
Post by peony on Jun 8, 2016 20:43:30 GMT
After some digging it would appear that the plots at the graveyard are already up for sale, through an investment co, as an investment tool at substantially less than £15k. and if i'm reading it right, at approx 15% of the £15k. They are apparently being touted as an alternative investment, aimed at investors who are losing faith in the London buy to let market. FWIW the investment co seem to have questionable methods of finding investors. I work for a bank and my whole department was spammed with a marketing email, we wondered if they knew something we didn't and then promptly trashed the email. As a strategy for finding high net worth investors I dont think it will be very successful.
|
|
|
|
Post by earthbound on Jun 8, 2016 21:09:24 GMT
After some digging it would appear that the plots at the graveyard are already up for sale, through an investment co, as an investment tool at substantially less than £15k. and if i'm reading it right, at approx 15% of the £15k. They are apparently being touted as an alternative investment, aimed at investors who are losing faith in the London buy to let market. FWIW the investment co seem to have questionable methods of finding investors. I work for a bank and my whole department was spammed with a marketing email, we wondered if they knew something we didn't and then promptly trashed the email. As a strategy for finding high net worth investors I dont think it will be very successful. (my bold above) couldn't agree more, i really liked the claim... "If your plot has not been bought in that time – by a family needing a plot or by another investor – then the developer is offering to buy it back." I'm sure he will.
|
|
spyrogyra
Member of DD Central
Posts: 386 
Likes: 148
|
Post by spyrogyra on Jun 9, 2016 6:45:29 GMT
Buying back doesn't specify at what price. Should investors rely on the assumption that the buy back price will be the same, 40% higher or half price? I love half price. Half price of highly inflated stock is ....um what value? Probably near the real marketing value.
|
|
|
|
Post by supernumerary on Jun 9, 2016 8:33:21 GMT
ADVANCE LOAN GO-LIVE NOTICE
PBL105 - Fishery near Doncaster on 165 acres
We are pleased to confirm that the above loans will be going live on Friday (10/06/2016).
GOOD NEWS indeed.
|
|
|
|
Post by jackpease on Jun 9, 2016 9:10:26 GMT
Hmmmm, next to the prison. This is not an especially attractive neck of the woods but i'm sure it will be hugely oversubscribed as usual...
i've moved this to PBL105 thread now its up and running
Jack P
|
|
skippyonspeed
Some people think I'm a little bit crazy, but I know my mind's not hazy
Posts: 787
Likes: 424
|
Post by skippyonspeed on Jun 9, 2016 9:40:12 GMT
FWIW the investment co seem to have questionable methods of finding investors. I work for a bank and my whole department was spammed with a marketing email, we wondered if they knew something we didn't and then promptly trashed the email. As a strategy for finding high net worth investors I dont think it will be very successful. (my bold above) couldn't agree more, i really liked the claim... "If your plot has not been bought in that time – by a family needing a plot or by another investor – then the developer is offering to buy it back." I'm sure he will. I can see with your username that this loan should suit you down to the ground.....def. not for me I've got an old wardrobe lined up ready for launch off a Southern coastal pier at the dead of night.
|
|
|
|
Post by earthbound on Jun 9, 2016 19:26:47 GMT
peony (my bold above) couldn't agree more, i really liked the claim... "If your plot has not been bought in that time – by a family needing a plot or by another investor – then the developer is offering to buy it back." I'm sure he will. I can see with your username that this loan should suit you down to the ground.....def. not for me I've got an old wardrobe lined up ready for launch off a Southern coastal pier at the dead of night. I like that idea.. and hopefully the tid'll be in. don't want to get nabbed for flytipping
|
|
sam i am
Member of DD Central
Posts: 697
Likes: 555
|
Post by sam i am on Jun 10, 2016 12:29:04 GMT
New PBL pipeline loan. Industrial Estate in Fife, £2.45m loan against £3.75m valuation - 65% LTV. Straight in at stage 3.
|
|
cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
|
Post by cooling_dude on Jun 10, 2016 12:54:32 GMT
New PBL pipeline loan. Industrial Estate in Fife, £2.45m loan against £3.75m valuation - 65% LTV. Straight in at stage 3. A quick look online and I can't find the borrower (who is indicated in the valuation report). Misspelt? Or so new that's they have yet to be registar on the companies house database?
|
|
