Liz
Member of DD Central
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Post by Liz on Aug 19, 2015 17:59:54 GMT
I'm about to sell a small bit in 51, see how long it lasts.
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star dust
Member of DD Central
Posts: 2,998
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Post by star dust on Aug 19, 2015 18:40:19 GMT
I'm about to sell a small bit in 51, see how long it lasts. Wot, no SMS from the Android Queen  ? Missed again  was over on the quite calm of MT contemplating investing in today's loan - still available despite my very late appearance  .
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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: 11,329 
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Post by ilmoro on Aug 19, 2015 20:54:04 GMT
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scraggs
Member of DD Central
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Post by scraggs on Aug 19, 2015 21:05:33 GMT
Just managed to get a slice. Thanks for 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
Posts: 11,329
Likes: 11,549
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Post by ilmoro on Aug 19, 2015 21:13:57 GMT
Still 6k left after 20mins Last £8.40 anyone 40p? Come on someone finish it off, poor thing! This is the loan part that will not die  Never a bot around when you need one 
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pom
Member of DD Central
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Post by pom on Aug 20, 2015 8:24:26 GMT
That'll teach me to have an early night - appreciate the heads up tho
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jonno
Member of DD Central
nil satis nisi optimum
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Post by jonno on Aug 20, 2015 8:49:43 GMT
Yeah, thanks ilmoro, but Land of Nod won out
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max
Posts: 75
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Post by max on Aug 20, 2015 9:22:20 GMT
Thanks, but too late. Now I jump in my DeLorean and get back to the future
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paulg
Member of DD Central
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Post by paulg on Aug 23, 2015 1:37:33 GMT
I've just noticed that the asset value for PBL053 is stated on the loans page as £550k, but the valuation report only values it at £535k, which gives a LTV of 72%.
Have I missed something here?
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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: 11,329
Likes: 11,549
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Post by ilmoro on Aug 23, 2015 2:24:02 GMT
I've just noticed that the asset value for PBL053 is stated on the loans page as £550k, but the valuation report only values it at £535k, which gives a LTV of 72%. Have I missed something here? Other than the fact that SS headline LTV is never the whole story. ... no
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Post by solicitorious on Aug 23, 2015 15:09:07 GMT
There appears to be a discrepancy between the site (385/550) and the loan particulars (374.5/535). Both equate to 70% LTV however. |
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paulg
Member of DD Central
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Post by paulg on Aug 23, 2015 17:47:16 GMT
There appears to be a discrepancy between the site (385/550) and the loan particulars (374.5/535). Both equate to 70% LTV however. Recently SS said "Bad Valuations - which is why we only use the best valuers with comprehensive experience in short term bridging and with extensive PI coverage." And then they make up a figure of their own. 
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Post by Deleted on Aug 23, 2015 21:21:42 GMT
Isn't that misleading to lend at 72% LTV without making it clear? "We only ever lend a maximum of 70% of the value of the property (LTV) ensuring we have plenty of equity in the property. " From SS FAQs, just in case it disappears screenshot below |
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Post by savingstream on Aug 24, 2015 11:41:05 GMT
Well spotted. Fixed. The original value we were working with was £550k before the valuation put a more accurate £535k figure on it.
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Post by savingstream on Aug 24, 2015 16:04:54 GMT
PBL 52 (Woodlands) has just completed.
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? Missed again 
was over on the quite calm of MT contemplating investing in today's loan - still available despite my very late appearance 
.
Never a bot around when you need one 
