ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 10,881 
Likes: 11,105
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PBL34
May 21, 2015 15:15:36 GMT
Post by ilmoro on May 21, 2015 15:15:36 GMT
Just launched
1.4mil loan, 2.3mil value, 61%LTV 12 months.
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paulgul
Member of DD Central
Posts: 401
Likes: 92
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PBL34
May 21, 2015 15:35:33 GMT
Post by paulgul on May 21, 2015 15:35:33 GMT
I'm a bit confused with PBL033 and 034 the overview of each shows different properties but the description/documents sections for both loans are the same. Are they linked?
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locutus
Member of DD Central
Posts: 1,059
Likes: 1,622
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PBL34
May 21, 2015 15:39:45 GMT
Post by locutus on May 21, 2015 15:39:45 GMT
I'm a bit confused with PBL033 and 034 the overview of each shows different properties but the description/documents sections for both loans are the same. Are they linked? Looks like a mistake to me. SS - can you correct?
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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: 10,881
Likes: 11,105
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PBL34
May 21, 2015 15:40:49 GMT
Post by ilmoro on May 21, 2015 15:40:49 GMT
I'm a bit confused with PBL033 and 034 the overview of each shows different properties but the description/documents sections for both loans are the same. Are they linked? No, totally different. Looks like savingstream have got the links mixed up, the docs for PBL33 were there last week. Edit: if you open PBL33 particulars, then edit the 34 to 33 in the link, it will take you to the correct document. With the valuation report change 113 to 104 for it to work
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paulgul
Member of DD Central
Posts: 401
Likes: 92
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PBL34
May 21, 2015 15:46:04 GMT
Post by paulgul on May 21, 2015 15:46:04 GMT
I'm a bit confused with PBL033 and 034 the overview of each shows different properties but the description/documents sections for both loans are the same. Are they linked? No, totally different. Looks like savingstream have got the links mixed up, the docs for PBL33 were there last week. Ok, I haven't invested in PBL33 so it doesn't matter at the moment
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indy
Member of DD Central
Posts: 57
Likes: 18
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PBL34
May 21, 2015 15:54:57 GMT
Post by indy on May 21, 2015 15:54:57 GMT
I'm a bit confused with PBL033 and 034 the overview of each shows different properties but the description/documents sections for both loans are the same. Are they linked? No, totally different. Looks like savingstream have got the links mixed up, the docs for PBL33 were there last week. Edit: if you open PBL33 particulars, then edit the 34 to 33 in the link, it will take you to the correct document. With the valuation report change 113 to 104 for it to work Thanks for the info
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locutus
Member of DD Central
Posts: 1,059
Likes: 1,622
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PBL34
May 21, 2015 16:04:54 GMT
Post by locutus on May 21, 2015 16:04:54 GMT
Planning permission for access road refused? Where does it say that?
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PBL34
May 21, 2015 16:07:55 GMT
Post by savingstream on May 21, 2015 16:07:55 GMT
Well spotted. Being rectified now.
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locutus
Member of DD Central
Posts: 1,059
Likes: 1,622
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PBL34
May 21, 2015 16:13:07 GMT
Post by locutus on May 21, 2015 16:13:07 GMT
In the detailed valuation document. According to the planning portal, that is from 2006. Doesn't seem like a big deal to me but happy to be corrected.
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PBL34
May 21, 2015 16:24:16 GMT
Post by savingstream on May 21, 2015 16:24:16 GMT
According to our planning lawyer, all boxes have been ticked off. Any issues that could potentially arise have been covered off with Indemnity Insurance. We are content with the planning situation.
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paulg
Member of DD Central
Posts: 312
Likes: 189
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PBL34
May 23, 2015 15:28:20 GMT
Post by paulg on May 23, 2015 15:28:20 GMT
I note that the last three 12 month loans have a minimum loan period of 1 month. I know that the loans can be repaid by the borrower at any time, but does the 1 month minimum loan time mean that only 1 month's interest is being retained up front and that the rest of the interest is being paid by the borrower monthly? savingstream please elucidate. |
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gb007
Member of DD Central
Posts: 131
Likes: 74
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PBL34
May 27, 2015 13:12:40 GMT
Post by gb007 on May 27, 2015 13:12:40 GMT
Just repaid, email received:
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PBL34
May 27, 2015 14:23:42 GMT
Post by zzr600 on May 27, 2015 14:23:42 GMT
Well, that was quick, at least it's comforting that they are undertaking due diligence
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PBL34
May 27, 2015 15:23:23 GMT
Post by chrisuk on May 27, 2015 15:23:23 GMT
Are they? Given what they said previously about planning permission, I actually find this a bit concerning. According to our planning lawyer, all boxes have been ticked off. Any issues that could potentially arise have been covered off with Indemnity Insurance. We are content with the planning situation. I would find a new planning lawyer asap!!
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mv
Member of DD Central
Posts: 156
Likes: 45
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PBL34
May 27, 2015 16:35:15 GMT
Post by mv on May 27, 2015 16:35:15 GMT
It would be great if savingstream could clarify what changed between planning being ok, then not ok. Either way, my money and interest were returned so no harm done. |
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