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 Jun 15, 2015 15:08:19 GMT
According to the email I received, PBL 37 is for a loan of £151,000 against a property valued at £150,000. That doesn't seem like a great LTV ratio to me. Is it like that because it's all the same borrower for all three loans? Typo, should be £250k value
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Post by ogwellian on Jun 10, 2016 9:30:01 GMT
With five days to go I sold my modest holdings in these three today, only mine on there, went in minutes.
Nearly 40 grand for sale now.
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lobster
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Post by lobster on Jun 10, 2016 10:24:14 GMT
Yeah, I think that 40k came on pretty much all at once, so probably a single seller.
Down to under 15k now. My guess is back to zero in another hour - we'll see
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littleoldlady
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Running down all platforms due to age
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Post by littleoldlady on Jun 22, 2016 17:03:23 GMT
Yeah, I think that 40k came on pretty much all at once, so probably a single seller. Down to under 15k now. My guess is back to zero in another hour - we'll see £125k now
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sqh
Member of DD Central
Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
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Post by sqh on Jun 26, 2016 16:00:46 GMT
The 'Remaining Time' on loans 37,38 & 39 have suddenly gained about 90 days and the 'Remaining Time' on loans 69,70 & 71 have suddenly lost about 90 days. These are all to the same borrower. It looks as though SS have redistributed the upfront interest between the 6 loans. Is that allowed ?
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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: 11,330
Likes: 11,549
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Post by ilmoro on Jun 26, 2016 16:57:16 GMT
The 'Remaining Time' on loans 37,38 & 39 have suddenly gained about 90 days and the 'Remaining Time' on loans 69,70 & 71 have suddenly lost about 90 days. These are all to the same borrower. It looks as though SS have redistributed the upfront interest between the 6 loans. Is that allowed ? Appears so. Clause 9.6 onwards but they are supposed to notify us and given they were expected to repay a month ago according to update its a bit cheeky. Actually picked up by GVS3Miac Fri but I guess most people were distracted by other things
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Post by cyrilmadrid on Aug 15, 2017 9:35:09 GMT
What are your views on this one ? Aren't you like me losing patience ? Or just sitting on accruing interest confident that it will be paid at some stage ?
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Jeepers
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Post by Jeepers on Aug 15, 2017 20:26:04 GMT
What are your views on this one ? Aren't you like me losing patience ? Or just sitting on accruing interest confident that it will be paid at some stage ? You'd be lucky to get the capital back never mind the interest!
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Liz
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Post by Liz on Aug 15, 2017 22:47:16 GMT
One greedy lender decided to have £100,000 of £151,000. Got pared back to £95k when the loan oversold. Goes by the name r************n. I wonder if that is robber_of_loan Squeaky bum time for someone
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Post by cyrilmadrid on Oct 13, 2017 19:18:30 GMT
What are your views on this one ? Aren't you like me losing patience ? Or just sitting on accruing interest confident that it will be paid at some stage ? You'd be lucky to get the capital back never mind the interest! Sounds indeed like you were right, judging from the last update: "Where the offers are not sufficient to repay the capital sum owed to investors," Would the provision fund normally intervene in this case ?
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