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Post by wildlife2 on Jan 19, 2016 13:33:05 GMT
More humbugs might help.
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Post by Deleted on Jan 19, 2016 14:00:11 GMT
more loan parts, should help what is ailing you ... posting in 5 minutes.
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will
Member of DD Central
Posts: 107 
Likes: 8
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Post by will on Jan 19, 2016 14:01:03 GMT
(Monkey) puzzled here, too.
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treeman
Member of DD Central
Posts: 1,026
Likes: 557
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Post by treeman on Jan 19, 2016 14:10:13 GMT
Blimey - been off-grid all day. Shivering me timbers. Proper parky round here this morning. Hard to believe a simple comment could seed such an exchange!  |
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webwiz
Posts: 1,133
Likes: 210
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Post by webwiz on Jan 19, 2016 14:33:44 GMT
Blimey - been off-grid all day. Shivering me timbers. Proper parky round here this morning. Hard to believe a simple comment could seed such an exchange! Do us a favour and change your name.
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treeman
Member of DD Central
Posts: 1,026
Likes: 557
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Post by treeman on Jan 19, 2016 14:51:04 GMT
Been with me 30 years ! Root and branch ! (Sorry - couldn't resist it  ) Seriously though - if folks have nowt else to occupy them ....... |
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
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Post by cooling_dude on Jan 19, 2016 17:30:37 GMT
Things are looking up! 3 New Pipeline Loans have appeared;
LOAN NAME
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VALUE
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LOAN
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LTV
| | DFL002 | £4,500,000 | £2,800,000 | 62% | | CAMPSITE | £2,600,000 | £1,600,000 | 62% | | PETERBOROUGH | £1,300,000 | £845,000 | 65%
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Post by highlandtiger on Jan 20, 2016 8:44:56 GMT
Things are looking up! 3 New Pipeline Loans have appeared;
LOAN NAME
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VALUE
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LOAN
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LTV
| | DFL002 | £4,500,000 | £2,800,000 | 62% | | CAMPSITE | £2,600,000 | £1,600,000 | 62% | | PETERBOROUGH | £1,300,000 | £845,000 | 65%
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Things are only looking up, if they actually go live. We've seen plenty on the pipeline come and go without ever becoming an actual loan.
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Post by spareafewcoppersguv on Jan 20, 2016 8:52:04 GMT
It is positive to see new prospects appearing in the pipeline but would be even more positive to see things moving through the pipeline stages....as it is it gives the appearance of their being no progress.....
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
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Post by cooling_dude on Jan 20, 2016 10:31:59 GMT
It is positive to see new prospects appearing in the pipeline but would be even more positive to see things moving through the pipeline stages....as it is it gives the appearance of their being no progress..... I don't mind, and personally I don't think gives the appearance of there being no progress. I see it as a sign that SS are making sure the loans & security are meeting SS strict criteria. With this in mind I prefer to see them taking their time with the loans, rather than rushing them just to build up a larger portfolio.
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Post by spareafewcoppersguv on Jan 20, 2016 10:43:38 GMT
If you read the update of 16th Jan, there are 4 prospects in the pipeline which they expect / hope will complete by the end of January, and another 3 in early Feb. If you then look at the pipeline all those bar one are still at stage 1.....
I agree that we want good loans and thorough DD, but it doesn't strike me as very likely that even half of these will come to fruition in the timescales indicated....
But I will be happy to be proved wrong!!
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huxs
Member of DD Central
Posts: 300 
Likes: 218
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Post by huxs on Jan 20, 2016 10:50:01 GMT
As I think has been mentioned many times before SS time estimates are indicative at best (for good reasons as the rely on the most unreliable profession Solicitors). End of Jan can mean anything from Tomorrow through to End of Feb but without this uncertainty P2P investing would be so boring and therefore that's why we love SS so 
Seeing items appear or disappear on the pipeline just shows that SS are keeping busy and trying their best to keep high quality loans coming.
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Post by GSV3MIaC on Jan 20, 2016 15:07:50 GMT
The only thing worse than trying to get (most) solicitors to complete legal work (on time) is trying to get some of them to repay their loans (ever) .. as many FC devotees will testify. 8>.
Talk about 'closed shop'.
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ablender
Member of DD Central
Posts: 2,204
Likes: 555
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Post by ablender on Jan 22, 2016 14:21:29 GMT
New docs for Camp site and Office site.
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
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Post by cooling_dude on Jan 22, 2016 16:32:21 GMT
New docs for Camp site and Office site. Yay.... After a hard days at work I have some reading material!
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