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 Sept 30, 2015 12:49:26 GMT
Was able to change my pre-funding during the confusion and got a bigger slice lol Oh, sneaky, quick thinking but sneaky.  Managed to grab the extra bit I wanted when excess appeared 
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Maestro
Member of DD Central
Posts: 87
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Post by Maestro on Sept 30, 2015 12:57:08 GMT
I don't see the option for offsetting BACS deficit against Available funds anymore. Is it just me or have they removed it?
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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 Sept 30, 2015 13:05:17 GMT
I don't see the option for offsetting BACS deficit against Available funds anymore. Is it just me or have they removed it? It only appears if available funds are equal to or greater than deficit
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Maestro
Member of DD Central
Posts: 87
Likes: 24
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Post by Maestro on Sept 30, 2015 13:06:20 GMT
I don't see the option for offsetting BACS deficit against Available funds anymore. Is it just me or have they removed it? It only appears if available funds are equal to or greater than deficit Ah ok, thank you
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stevio
Member of DD Central
Posts: 2,065
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Post by stevio on Sept 30, 2015 18:16:18 GMT
Think the issue was down to an Investor who had noticed that his PF level had been changed to 20Kand changed it back in the point between SS setting them all down to 20K and actually pressing the button on the loan. Hence one Investor got a rather large chunk of this. savingstream have reversed this so that everyone got their fair share. This wasn't me, although I (think) did up the pre-funding within the 20k limit
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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.
Posts: 1,428
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Post by sqh on Sept 30, 2015 23:09:31 GMT
Over £4k of both PBL062 and PBL063 on the SM.
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Liz
Member of DD Central
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Post by Liz on Oct 16, 2016 21:30:26 GMT
pbl 62 now sold on rightmove STC 650k
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ablender
Member of DD Central
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Post by ablender on Oct 16, 2016 21:47:26 GMT
That should pay both loans.
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ped
Member of DD Central
Posts: 255
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Post by ped on Oct 16, 2016 22:08:02 GMT
Just a few weeks\months until the sale completes then. ☺
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ianj
Member of DD Central
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Post by ianj on Dec 16, 2016 16:22:30 GMT
Latest SS update stated... "The borrower has put the property into auction for Mid December with our encouragement.Together with PBL62 expected to sell for c£950k"A***** R********** A****** Results For the 15th December 2016 is reporting. "1** A**** Road, S**** N********, London N** £850,000"Some early Christmas cheer......possibly!  |
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
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Post by cooling_dude on Dec 17, 2016 13:11:40 GMT
Latest SS update stated... "The borrower has put the property into auction for Mid December with our encouragement.Together with PBL62 expected to sell for c£950k"A***** R********** A****** Results For the 15th December 2016 is reporting. "1** A**** Road, S**** N********, London N** £850,000"Some early Christmas cheer......possibly! Well it sold - for £850k, so should cover the loans Not the full story. Apparently, it was sold via a receiver not the borrower. Funny, because there has never been any mention of a receiver being appointed.... savingstream - care to comment...
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paulg
Member of DD Central
Posts: 312
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Post by paulg on Dec 17, 2016 13:31:33 GMT
Latest SS update stated... "The borrower has put the property into auction for Mid December with our encouragement.Together with PBL62 expected to sell for c£950k"A***** R********** A****** Results For the 15th December 2016 is reporting. "1** A**** Road, S**** N********, London N** £850,000"Some early Christmas cheer......possibly! Well it sold - for £850k, so should cover the loans Not the full story. Apparently, it was sold via a receiver not the borrower. Funny, because there has never been any mention of a receiver being appointed.... savingstream - care to comment... So it would appear that "The borrower has put the property into auction with our encouragement" is SS code for 'this loan is not in default but we have appointed receivers to recover it'. I wonder how many more loans have receivers appointed that we never hear about. Still, as ianj said - 'Some early Christmas cheer' for the lenders, if not for the borrower.
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Post by dualinvestor on Dec 17, 2016 14:45:10 GMT
Latest SS update stated... "The borrower has put the property into auction for Mid December with our encouragement.Together with PBL62 expected to sell for c£950k"A***** R********** A****** Results For the 15th December 2016 is reporting. "1** A**** Road, S**** N********, London N** £850,000"Some early Christmas cheer......possibly! Well it sold - for £850k, so should cover the loans Not the full story. Apparently, it was sold via a receiver not the borrower. Funny, because there has never been any mention of a receiver being appointed.... savingstream - care to comment... Maybe SS got confused it was PBLs 62&63 that had receivers appointed not 66&67 
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toffeeboy
Member of DD Central
Posts: 538
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Post by toffeeboy on Jan 12, 2017 16:40:40 GMT
Both just repaid, got confused as it was at the same time 157 & 158 went live
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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 Jan 12, 2017 17:16:46 GMT
I think some praise should be offered to savingstream for managing this to a successful conclusion. While it was never flagged as a default and the circumstances appear somewhat bizarre with non-appointed recievers selling the property nevertheless I think we can chalk this one up as another succesful recovery. Here's hoping for a few more of the problematic ones to follow suit |
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