General Update 28 September

Latest update from Saving Stream, not sure why I am posting as I think everyone now gets this? My notes in blue.

0.5% CASHBACK
We have decided to offer cashback to encourage further investment in our latest loans. The legals have flown through without any problems and we need to complete forthwith. All cashback will be paid on drawdown of the loan on all sums already invested and all new funds received too. Our early investors will remember receiving cashback when a loan was taking longer to fill. We have lent a significant sum recently so further investment needs to be incentivised. Note: Drawdown is expected tomorrow.
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COMPLETIONS
PBL51, 55, 57, 58 all completed last week.
PBL59, 60 & 61 should complete tomorrow.
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PIPELINE LOANS
Commercial, Hackney - Due to complete any time
Residential, Hackney - Due to complete any time
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EXISTING LOANBOOK
PBL15 -  Bedford
Sale agreed for October 1st. Interest received. Perhaps going over by a week.

PBL16 – Cardiff
Barclays made offer of refinance.

PBL17 -  Swansea
Barclays made offer of refinance.

PBL18 -  Swansea
Barclays made offer of refinance.

PBL19 -  Dover
No change.

PBL20 - Midhurst
Planning application submitted. Should increase val to over £3.6m in 4-6 weeks.

PBL21 - Southsea
Sale agreed for end of Sept.

PBL22 -  Bedford
2 months worth of interest and fees have been received. Refinancing any time.

PBL25 - Huddersfield
No change.

PBL26 - Stockport
We will offer to renew this loan. Borrower providing further security.

PBL27 - Fleetwood
No change.

PBL28 -  Ryde
Renewing the loan for another 6 months. Valuation increased to £600k.

PBL29 - East Kilbride
No change.

PBL31 - Ponyclun
No change.

PBL33 -  Hemel Hempstead,
No change.

PBL35 - Pickering
No change.

PBL36 -  Southsea
Being refinanced by Lloyds.

PBL37 -  Gloucestershire
No change.

PBL38 - Gloucestershire
No change.

PBL39 - Gloucestershire
No change.

PBL40 - Swansea
Barclays have made an offer to refinance.

PBL42 -  Gosport
No change.

PBL43 -  Dorset
No change.

PBL44 -  Dorset
No change.

PBL45 -  Dorset
No change.

PBL46 - Glasgow
No change.

PBL47 - Essex
No change.

PBL48 - Essex
No change.

PBL49 -  Essex
No change.

PBL4a -  Exeter
Development finance has been agreed by other lender. End of September/Mid Oct.

PBL4b -  Exeter
Development finance has been agreed by other lender. End of September/Mid Oct.

PBL50 -  Exeter
No change.

PBL51 - Crowborough
Completed last week.

PBL52 -  Crowborough
No change.

PBL53 - Tunbridge Wells
Waiting for replies to enquiries.

PBL55 - Wales
Completed last week.

PBL6 -  Chichester
Refinancing his big london house. End of September full repayment

PBL54 - Hull
JV agreed, possible early repayment.

PBL56 - Somerset
No change.

2005 Superyacht 
At least half of the loan will be repaid end of September.

PBL57 - Scotland
Completed last week.

PBL58 - , Torquay
Completed last week.

PBL59 - Liverpool
Should complete tomorrow.

PBL60 - Wolverhampton
Should complete tomorrow.

PBL61 - Wolverhampton
Should complete tomorrow.