adrianc
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Post by adrianc on Jan 14, 2016 10:09:32 GMT
I thought I remembered seeing somebody asking about these here recently - must've been the other place, because search doesn't find anything.
£1.35m of 12mo 10% A+ across three tranches, back in late October - mid November, to remortgage residential in London and Cornwall and fund a shopping spree at property auctions. Questions were asked at the time about what happens if they didn't get what they wanted... Well, it's official. They didn't, and "they are reviewing other stock with their agents"...
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treeman
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Post by treeman on Jan 14, 2016 10:24:14 GMT
I thought I remembered seeing somebody asking about these here recently - must've been the other place, because search doesn't find anything. £1.35m of 12mo 10% A+ across three tranches, back in late October - mid November, to remortgage residential in London and Cornwall and fund a shopping spree at property auctions. Questions were asked at the time about what happens if they didn't get what they wanted... Well, it's official. They didn't, and "they are reviewing other stock with their agents"... Also includes tranche 4 - 17304 ....
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Post by GSV3MIaC on Jan 14, 2016 11:08:29 GMT
It was the other place, which has gone away for rework today (maybe it'll get to be usable?) (Oh look, more flying whatsits..)
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Post by hj on Jan 14, 2016 13:58:25 GMT
My first bad Thursday, and I am in all 4  Let that be a lesson to me then... |
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maxmarengo
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Post by maxmarengo on Jan 14, 2016 14:47:26 GMT
Surely they can just give us the money back if they haven't spent it.
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metoo
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Post by metoo on Jan 14, 2016 14:51:48 GMT
Surely they can just give us the money back if they haven't spent it. Also they'd have to find the interest already paid out + fees on top of the money they actually received.
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Post by Deleted on Jan 14, 2016 16:29:44 GMT
Parts are still on sale on the secondary market, where is the news update for those who don't hold the loan parts ?
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Post by GSV3MIaC on Jan 14, 2016 16:31:29 GMT
In the loan comments (repayments) page/tab for those loans I imagine .. that's where most comments are (and ALWAYS look there before buying).
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metoo
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Post by metoo on Jan 14, 2016 16:34:35 GMT
Still 10 months to run, and interest is pre-funded for the whole term.
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Post by Deleted on Jan 14, 2016 16:34:39 GMT
In the loan comments (repayments) page/tab for those loans I imagine .. that's where most comments are (and ALWAYS look there before buying). Thanks, I learnt something new and useful today ,)
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Post by hj on Jan 14, 2016 16:52:55 GMT
So if you feel like panic selling and put them up at a par, autobodge will buy them before you have time to reconsider.
Not sure if I am happy or not now.
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blender
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Post by blender on Jan 14, 2016 17:30:39 GMT
There is nothing wrong with these loans - not downgraded, not expected to overrun. Just information. So please put some up at par and I will buy them. There sure is nothing else.
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markr
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Post by markr on Jan 14, 2016 23:13:58 GMT
There is nothing wrong with these loans - not downgraded, not expected to overrun. Just information. So please put some up at par and I will buy them. There sure is nothing else. I've got more than I'd like to have given the uncertainty, I've listed some at par, fill yer boots!
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blender
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Post by blender on Jan 15, 2016 0:06:21 GMT
0.4% premium now.
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markr
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Post by markr on Jan 15, 2016 0:27:11 GMT
Yep, mine were gone in the blink of an eye.
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