sl75
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Post by sl75 on Feb 25, 2016 14:27:17 GMT
AC are taking things one day at a time. Today's update, moving drawdown by one day again to tomorrow, has been accompanied by removal of some of the previous one-a-day updates. Another day, another delay, I guess we'll see #225 rewriting history again tomorrow. Apparently, even this afternoon, the admin team are still hopeful of being able to draw down yesterday! Are AC expecting The Doctor to join their admin team?
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Post by crabbyoldgit on Feb 25, 2016 15:28:12 GMT
Ah sorry i had forgotten the Irish element , foreget the unannounced beating on door at 0530, they have interesting traditional and unpleasant responses to these occurrences involving violence and firearms. I sujest the interest rate goes up 1/4% every 0000hrs sunday /monday in march .1/2 % per week in april,1% per week in may and why not 10% in june because by then i will have lost all interest permantley in this loan.The gods i think may be trying to warn us of something bad.
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duck
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Post by duck on Feb 25, 2016 15:39:41 GMT
I don't know about the gods but I'm beginning to take this personally
I'm tempted to withdraw my bid but then somebody would point out that is being as tight as a ..... ...
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ianj
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Post by ianj on Feb 25, 2016 17:31:27 GMT
AC are taking things one day at a time. Today's update, moving drawdown by one day again to tomorrow, has been accompanied by removal of some of the previous one-a-day updates. Another day, another delay, I guess we'll see #225 rewriting history again tomorrow. If that does occur, it should be rechristened 'The Godot Loan'; he was always expected tomorrow.
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mikes1531
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Post by mikes1531 on Feb 25, 2016 18:01:59 GMT
You want the good news or the bad news first?
The good news is that my statement shows my MLIA bought some #225 at 1751 today.
The bad news is that the amount of the sale was £18.60!!
All this waiting for that??
PS. The loan Overview says that 11% of this loan (=£50k) was allocated to MLIAs.
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agent69
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Post by agent69 on Feb 25, 2016 18:05:33 GMT
The bad news is that the amount of the sale was £18.60!! Snap
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tonyr
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Post by tonyr on Feb 25, 2016 18:08:04 GMT
You want the good news or the bad news first? The good news is that my statement shows my MLIA bought some #225 at 1751 today. The bad news is that the amount of the sale was £18.60!! All this waiting for that?? Ditto. I'm now left with a pile of cash and nothing to invest in so am not happy. Where did it all go? It was an old loan so hit the old underwriting system and half of £450k should have hit the market. I can only assume that the QAA and GEIA gobbled up most of it - the GEIA must have been starving for very many months.
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tonyr
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Post by tonyr on Feb 25, 2016 18:12:22 GMT
PS. The loan Overview says that 11% of this loan (=£50k) was allocated to MLIAs. Ah, just read this bit. That would mean that 2661 people all asked for more than £18.60 and were granted it. Possilble I suppose. It would also mean that the QAA and/or other accounts took 39%.
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Post by Ton ⓉⓞⓃ on Feb 25, 2016 18:13:14 GMT
WT #225 is drawing now, but "11% to be made available via the MLIA" I've only got £219.73 but maybe there's some more coming from another u/w. (I'll edit my total if it changes)
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Post by Ton ⓉⓞⓃ on Feb 25, 2016 18:36:35 GMT
Ah sorry i had forgotten the Irish element , foreget the unannounced beating on door at 0530, they have interesting traditional and unpleasant responses to these occurrences involving violence and firearms. I sujest the interest rate goes up 1/4% every 0000hrs sunday /monday in march .1/2 % per week in april,1% per week in may and why not 10% in june because by then i will have lost all interest permantley in this loan.The gods i think may be trying to warn us of something bad. In the past when Lenders were in the primary market there was the prospect of compensatory or penalty interest but only if it the delay was the fault of the Borrower, at least some or all of these delays are down to 3rd party. I think AC has a list of preferred solicitors, lawyers etc. whom are trusted to work well and quickly, I believe these are suggested to Borrowers at the outset but they don't have to take them obviously. Am i alone in starting to feel 225 is getting a little silly what else can delay this, latest thing seems a solicitor has not turned up for work, well if he got what still laying me low after 5 days now i send my heart felt condolences ,however a company dealing in deals of this size cant be reliant on on individual especially as the endless delays over this would have given anyone time to get all there ducks in line and polish their bills and feet 3 times.If this does not happen today i suggest an unexpected breakfast meeting 0530 at the principles house may focus minds as i seem to remember a member of this forum sayed he used to deploy. My experience of legal matters on the island of Ireland is that this is not uncommon - selling a house there once was stretched out by about 10 months of legal jiggerypokery ... One hopes they have a sufficient stock of oak gall to be ground down for making ink - and that sufficient quills are in stock for manufacturing writing instruments... DD There was another NI WT loan that had long delays, is Northern Ireland know for a Dickensian legal system?
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registerme
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Post by registerme on Feb 25, 2016 19:39:12 GMT
WT #225 is drawing now, but "11% to be made available via the MLIA" I've only got £219.73 but maybe there's some more coming from another u/w. (I'll edit my total if it changes) I got the same.
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oldgrumpy
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Post by oldgrumpy on Feb 25, 2016 19:54:09 GMT
11% of #225*and (today "unfortunately" says the activity thread, but the DD date says tomorrow) 34% of #233. If we knew all those percentages well BEFORE the drawdown we would not be led into overfunding our MLIAs. Be more helpful, AC!!!!!!!!!!!!!!!!!!!  Opening fancy new accounts is all very well, but when you can barely provide enough loans for one account, people in the original account are being left high and dry, and it needn't be that way. * £219.73 max.
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jonah
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Post by jonah on Feb 25, 2016 21:21:20 GMT
A 13.4% loan on the pipeline....
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Post by Ton ⓉⓞⓃ on Feb 25, 2016 21:45:39 GMT
A 13.4% loan on the pipeline.... Almost nothing to go on... just that they signed the contract yesterday, I'm guessing this is a quickie. With the smallest second charge I've ever seen, making it to my mind a first charge. I imagine that's been taken into account in the pricing?
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mikes1531
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Post by mikes1531 on Feb 25, 2016 22:37:45 GMT
The good news is that my statement shows my MLIA bought some #225 at 1751 today. The bad news is that the amount of the sale was £18.60!! Arriving home after an evening out, I found that after writing the above my MLIA made a second purchase of #225 at 1807. This was a more respectable £201.12, so I now have £219.72 in total.
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