cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Sept 12, 2016 12:05:24 GMT
SS have just performed one of their backdated updates again...
PBL128 completed 3 days ago,
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Liz
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Post by Liz on Sept 12, 2016 12:18:58 GMT
SS have just performed one of their backdated updates again... PBL128 completed 3 days ago, Nope it has been there 3 days
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Sept 12, 2016 12:35:36 GMT
only appeared on mine this morning, was defo not there first thing I think Liz was taking the mickey Update appeared online at around 1pm today.
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Liz
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Post by Liz on Sept 12, 2016 13:40:28 GMT
only appeared on mine this morning, was defo not there first thing I think Liz was taking the mickey Update appeared online at around 1pm today. You two can't be on the premium service offered by Saving Stream. It has real time info and withdrawals, accurate updates and CCTV drones monitoring the security, or did I just dream 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 Sept 16, 2016 15:52:53 GMT
For some reason, nobody mentioned the updates going through 3 hours ago. Here's the full list. Will update 1st post later.
DFL001 - This build is progressing well. We visited the site recently and work is well underway. DFL002 - This build is progressing well. We visited the site recently and work is well underway. DFL003, DFL004, DFL005 - No change PBL006 - The Borrower is expecting significant funds in October. They will service the interest until repayment. PBL020 - The sale is progressing and is currently with lawyers. PBL027 - The Borrower has requested to extend for a further 6 months - they will pay interest and fees to cover this term. PBL031 - The Borrower is servicing the interest; it is in legals to formally extend for three months whilst they amend the planning permission before longer term finance becomes available. PBL033 - We are extending this loan by 3 months; in legals. Interest and fees are expected to be paid next week. PBL035 - No change. PBL037, PBL038, PBL039 - Repayment by the 22nd September advised. PBL040 - We have been advised a sale is to complete within 3 weeks. PBL042 - We are extending for 6 months, in legals. Fees and interest to be paid. PBL046 - We are receiving interest on a monthly basis. Clydesdale Bank have offered to refinance this loan. The customer is continuing to service the interest until repayment. PBL047 - We are still waiting on repayment. In communication with the borrower who is expecting to receive funds next week. PBL048 - We are still waiting on repayment. In communication with the borrower who is expecting to receive funds next week. PBL051 - The Borrower has sold some other assets and is waiting for cash to be received with which we can expect full repayment of this loan. PBL055 - In legals. Expected completion next week. PBL056 - Borrower is putting this property into auction. We will receive repayment once sold. PBL057 - We are expecting completion of extension documentation next week. PBL062 - We are expecting full repayment shortly (2 weeks). PBL063 - We are expecting full repayment shortly (2 weeks). PBL064 - The Borrower is continuing to discuss with us and we expect full repayment within the expected term. PBL065 - No change. PBL066 - The Borrower is hoping to receive an uplift in planning permission on the sites which will significantly increase the value. We have asked him to refinance elsewhere and expect this loan to be repaid around the expected repayment date. PBL067 - The Borrower is hoping to receive an uplift in planning permission on the sites which will significantly increase the value. We have asked him to refinance elsewhere and expect this loan to be repaid around the expected repayment date. PBL068 - The Borrower is talking to us and expects to be able to refinance away on time or shortly after. PBL069, PBL070, PBL071 - Expected repayment 22nd of September. PBL073 - We have advised the borrower that he will need to repay our loan or pay our interest for an extension on time. He is aware of this and has sufficient financial resources to extend. He is very confident that the planning appeal will be granted. PBL074 - In legals for the sale; we expect repayment shortly. PBL075 - The client has offered to pay interest during the refinance period. Our representatives went to see the client last week to interview and understand his repayment strategy. PBL077, PBL078, PBL079, PBL080 - We are waiting for funds to come in to reduce the overall loan and extend for a further 6 months. In legals. PBL081 - Our QS has priced up the work to put the property back within the planning permissions. We are negotiating with the client over the process and next steps. PBL082 - No change. PBL084 - Blank
PBL085 - This property is progressing very well. This should be fully completed by Q1 2017 and will net the borrower £4.5m profit. We are lending this customer further funds on other projects which will be cross collateralised with this project - i.e we will have a call on these funds to cover his other project loans if necessary. PBL086 - The Borrower has offered to pay interest whilst refinance underway - expected repayment early November. (Good of him!) PBL088, PBL089 - No change. PBL090 - Three potential exits with this loan - 1) the borrower repays, 2) the existing charge holder buys it back from the borrower or 3) a refinance. Working with multiple parties on different strategies. PBL091 - We received a redemption figure request recently so we expect repayment shortly. PBL092 - No change PBL093 - The Borrower is discussing the possibility of us providing development finance rather than seeking out another lender. We are currrently conducting due diligence on this. PBL094 - No change. PBL095 - We are expecting repayment reasonably soon. In legals. PBL096, 097, 098, 099 - No change PBL100 - Planning was recently granted for residential permission. PBL101, 102, 103, 105, 106, 107, 108, 112, 113, 116, 117, 118, 119, 120, 121, 122, 123, 125, 126, 128 - No change PBL131 - The borrower's solicitor is now away until early next week, we expect to complete on his return. PBL132 - We are expecting to complete early next week. PBL133 - We are expecting to complete on Monday/Tuesday. PBL134 - We are expecting to complete today.
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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 Sept 16, 2016 16:00:18 GMT
I think Liz was taking the mickey Update appeared online at around 1pm today. You two can't be on the premium service offered by Saving Stream. It has real time info and withdrawals, accurate updates and CCTV drones monitoring the security, or did I just dream that Depends, how many sheep did you count at the various properties?
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star dust
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Post by star dust on Sept 16, 2016 16:16:32 GMT
For some reason, nobody mentioned the updates going through 3 hours ago. Here's the full list. Will update 1st post later.
Well I'm obviously not fast enough ilmoro , here I was editing their update all ready to post, log back in and you've just piped me.
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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 Sept 16, 2016 16:39:15 GMT
For some reason, nobody mentioned the updates going through 3 hours ago. Here's the full list. Will update 1st post later.
Well I'm obviously not fast enough ilmoro , here I was editing their update all ready to post, log back in and you've just piped me. Funnily enough, as I was editing I was fully expecting to post and find Id wasted my time as you'd beaten me to it
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Liz
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Post by Liz on Sept 16, 2016 17:06:39 GMT
"PBL086 - The Borrower has offered to pay interest whilst refinance underway - expected repayment early November. (Good of him!) " Did we all miss something? what's with the wink?
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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 Sept 16, 2016 17:24:24 GMT
"PBL086 - The Borrower has offered to pay interest whilst refinance underway - expected repayment early November. (Good of him!) " Did we all miss something? what's with the wink? No, merely amused me that the borrower had offered to pay interest, which implied there was an alternative of not paying but he was being nice. The wink was to indicate it was my comment in brackets
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star dust
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Post by star dust on Sept 16, 2016 17:43:38 GMT
"PBL033 - We are extending this loan by 3 months; in legals. Interest and fees are expected to be paid next week."
Whither AC I wonder? I am getting a lot of 'fatal errors' trying to navigate the AC website atm, but I can't find this one anymore!
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adrianc
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Post by adrianc on Sept 16, 2016 17:58:39 GMT
"PBL033 - We are extending this loan by 3 months; in legals. Interest and fees are expected to be paid next week." Whither AC I wonder? I am getting a lot of 'fatal errors' trying to navigate the AC website atm, but I can't find this one anymore!It disappeared from the pipeline a couple of days ago. So AC won't touch this loan, but SS are sticking with it. Hmm.
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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 Sept 30, 2016 0:29:39 GMT
For benefit of bookmarks, PBL56 borrower in receivership
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sl75
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Post by sl75 on Oct 18, 2016 7:09:50 GMT
[snip huge tables of extremely useful information] (Last Edit: Oct 13, 2016 at 5:49pm by ilmoro) Taking a well-earned break, or is this list no longer maintainable at current volumes of business? There seems to be no reference at all to loans beyond PBL137. @ mods or others familiar with the forum software: If it's too much for one person, is there any way that a similar list can be made such that it can be maintained by multiple people (without them all needing mod privileges, as mods have plenty more to keep them busy...) - a kind of "community wiki"-style post?
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Liz
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Post by Liz on Oct 18, 2016 7:15:39 GMT
ilmoro could just share his password, for the greater good of society
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