NSFW
Posts: 118 
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Post by NSFW on Jun 13, 2016 17:14:00 GMT
At least newbies will find it easier to get invested this week.
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adrianc
Member of DD Central
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Post by adrianc on Jun 13, 2016 17:20:47 GMT
At least newbies will find it easier to get invested this week. And then some! There's about 35 different loans listed at the moment - about £90k of the four farmland, getting on for £20k of five of the six convent loans etc etc. Some rarities popping up, too - I've just about doubled my holding of the two Welsh nursing homes that are coming up for DFLs. I think the initial frenzy's dying down - it seems to be settling down quite a lot.
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boundah
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Post by boundah on Jun 13, 2016 17:40:55 GMT
Hey cooling_dude , what's keeping you with the DD on the flats?   Give me until midnight... I'm sure CD will give us his valuable thoughts after a couple of stiff brandies but in the meantime I'm worried about a line in the valuation for at least one of the leasehold flats: 'You have instructed us to assume that the Property is held on a long lease'. I'd be much more comfortable if SS didn't try to artificially jack up valuations and instead took a neutral or pessimistic view.
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spyrogyra
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Post by spyrogyra on Jun 13, 2016 18:16:34 GMT
And I hope that part of SS interest from tomorrow's loans will go forward upgrading to a more powerful server. Come on SS, do the right thing as you've done so many times in the past !
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dermot
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Post by dermot on Jun 13, 2016 18:41:34 GMT
And I hope that part of SS interest from tomorrow's loans will go forward upgrading to a more powerful server. Come on SS, do the right thing as you've done so many times in the past ! Yup, keeps falling over as soon as I try and do anything with a 500 error.
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oldgrumpy
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Post by oldgrumpy on Jun 13, 2016 18:43:36 GMT
Give me until midnight... I'm sure CD will give us his valuable thoughts after a couple of stiff brandies but in the meantime I'm worried about a line in the valuation for at least one of the leasehold flats: 'You have instructed us to assume that the Property is held on a long lease'. I'd be much more comfortable if SS didn't try to artificially jack up valuations and instead took a neutral or pessimistic view. 'E ay@ got none! 
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sam i am
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Post by sam i am on Jun 17, 2016 12:38:45 GMT
Just in case you hadn't had enough, we have 3 new loans in the pipeline, two in Manchester and one in Luton. All are at stage 2 but have had PBL numbers already assigned. cooling_dude, over to you! |
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treeman
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Post by treeman on Jun 17, 2016 12:41:06 GMT
Just in case you hadn't had enough, we have 3 new loans in the pipeline, two in Manchester and one in Luton. All are at stage 2 but have had PBL numbers already assigned. cooling_dude , over to you! We'll all be on the brandies if this keeps up !!!!!
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Post by trilby on Jun 17, 2016 12:47:29 GMT
And all three going live tomorrow!
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sl75
Posts: 2,092
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Post by sl75 on Jun 17, 2016 12:53:20 GMT
Just in case you hadn't had enough, we have 3 new loans in the pipeline, two in Manchester and one in Luton. All are at stage 2 but have had PBL numbers already assigned. cooling_dude , over to you! All 3 appear to be the same borrower...
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jamesc
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Post by jamesc on Jun 17, 2016 13:13:17 GMT
All the three new loans seem to have the same sentence can anyone explain its meaning please. ' The borrower is using the bridge to refurbish the property and looks to refinance and then develop'.
Why would anyone spend money refurbishing a property if they then intend to develop it ?
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lobster
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Post by lobster on Jun 17, 2016 13:15:21 GMT
Is it just a coincidence that all 3 loans just happen to have a LTV of exactly 58% ??
Me no understand .....
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spyrogyra
Member of DD Central
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Post by spyrogyra on Jun 17, 2016 13:22:29 GMT
Probably both the borrower and SS are happy with funding equally each of the loans at 58%
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Post by GSV3MIaC on Jun 17, 2016 13:23:11 GMT
The one I looked at (webpage summary) hit a new high for dumb typos. Rush job?
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star dust
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Post by star dust on Jun 23, 2016 13:50:03 GMT
Just when you were least expecting it straight into pipeline with go live tomorrow 24/06/16: PBL119 - Norfolk - £487,500 Loan to value 65% Remaining Time 183 days fairly small one, but is CD napping  ? |
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