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Post by MoneyThing on Aug 8, 2017 12:09:22 GMT
Afternoon,
MTAU712 Bridging Loan on Edinburgh Student Development.
Contracts have been Exchanged for the sale of this site and Completion (and thus loan repayment), is set for the 18th August.
Kind regards,
Ed
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Post by GSV3MIaC on Jan 14, 2019 20:46:47 GMT
1) There are many updates on site today.
2) Since MoneyThing no longer update this thread, can i suggest we unpin it? Yes, i know it says mt only, but that appears to be no longer useful.
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star dust
Member of DD Central
Posts: 2,998
Likes: 3,531
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Post by star dust on Oct 4, 2019 20:19:44 GMT
Quite a number have been noted on the individual loan threads, but more than a dozen loan updates have gone through today and tonight.
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star dust
Member of DD Central
Posts: 2,998
Likes: 3,531
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Post by star dust on Jan 9, 2020 17:13:27 GMT
There have been a series of loan updates today. Quite a few noted on the loan threads, but the complete list is here:
MTAH1011 - DEFAULT of Self Storage Facility in Merseyside
MTAY954 - DEFAULT of Paisley Bridging Loan
MTAS933 - DEFAULT of Residential Development in Bollington
MTAS844 - DEFAULT of Student Development in Plymouth
MTAQR2994 - DEFAULT of Wandsworth Bridging Loan
And all the seven RCC Loans
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Post by GSV3MIaC on Jan 9, 2020 20:29:16 GMT
None of which really make joyous reading...
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Post by Badly Drawn Stickman on Apr 20, 2020 12:43:52 GMT
Updates on site for Putney, and a couple of others.
Not deja vu, if you have read this before, just rehousing.
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Post by Badly Drawn Stickman on Apr 21, 2020 11:22:54 GMT
Update on MTBL992 Scaley Animal Loan.
The ultimate glass half full or half empty update.
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averageguy
Member of DD Central
Posts: 1,188 
Likes: 895
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Post by averageguy on Apr 21, 2020 18:31:17 GMT
Update on MTBL992 Scaley Animal Loan. The ultimate glass half full or half empty update. Doing a great job keep it up ..saving me the bother of checking the site
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Post by df on Apr 21, 2020 18:48:19 GMT
Update on MTBL992 Scaley Animal Loan. The ultimate glass half full or half empty update. I would have thought this business won't be affected by the lockdown...
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Post by Badly Drawn Stickman on Apr 21, 2020 18:59:59 GMT
Update on MTBL992 Scaley Animal Loan. The ultimate glass half full or half empty update. I would have thought this business won't be affected by the lockdown... There was a reason, but I forget what it was truth is paying half is better than none. Not that we get to see it anyway. Park House paid again so not all bad news.
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Post by df on Apr 21, 2020 19:17:15 GMT
I would have thought this business won't be affected by the lockdown... There was a reason, but I forget what it was truth is paying half is better than none. Not that we get to see it anyway. Park House paid again so not all bad news. Yes, of course any payments coming in is a great news at this time. 40% of my remaining MT funds are in RCC, not much hope for return from that venture  .
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Post by Badly Drawn Stickman on Apr 21, 2020 20:11:40 GMT
There was a reason, but I forget what it was truth is paying half is better than none. Not that we get to see it anyway. Park House paid again so not all bad news. Yes, of course any payments coming in is a great news at this time. 40% of my remaining MT funds are in RCC, not much hope for return from that venture . You have my sympathy on that one, I was only very lightly exposed. Yes really don't see anything but unhappiness coming back on them. Hopefully you were not involved in the FS strain?
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Post by df on Apr 21, 2020 20:27:36 GMT
Yes, of course any payments coming in is a great news at this time. 40% of my remaining MT funds are in RCC, not much hope for return from that venture . You have my sympathy on that one, I was only very lightly exposed. Yes really don't see anything but unhappiness coming back on them. Hopefully you were not involved in the FS strain? I was. When MT announced the issue somebody very knowledgable on this forum pointed out the relation and listed FS loans involved. I've sold them all (I thought) immediately, but Porsche wasn't on the list, so I'm stuck with some of it on FS too...
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Post by Badly Drawn Stickman on May 20, 2020 7:53:31 GMT
A veritable raft of updates on the platform.
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Post by df on Aug 10, 2021 16:44:54 GMT
New updates published on the platform today. Nothing exciting in my loan book. CSP and MTBL are still performing ok, but all projected recoveries are very unlikely to have any crumbs left for us.
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