|
|
Post by savingstream on Feb 8, 2016 12:55:29 GMT
The Wolsey Business Park loans are flying through legals. We should have the valuation at the end of the week and completion early next week.
The bottleneck in the pipeline is easing.
|
|
oldgrumpy
Member of DD Central
Posts: 5,087 
Likes: 3,233
|
Post by oldgrumpy on Feb 8, 2016 12:56:28 GMT
Maybe they've got a "pre-fund" on all loans, then spit out if they don't want something.
|
|
cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
|
Post by cooling_dude on Feb 8, 2016 12:56:36 GMT
The Wolsey Business Park loans are flying through legals. We should have the valuation at the end of the week and completion early next week. The bottleneck in the pipeline is easing. Thanks savingstream . Nice to know, and something to look forward to  !
|
|
oldgrumpy
Member of DD Central
Posts: 5,087
Likes: 3,233
|
Post by oldgrumpy on Feb 8, 2016 13:02:59 GMT
Maybe they've got a "pre-fund" on all loans, then spit out if they don't want something. I just had a go at one. Clicked within a half second of the thing appearing on screen ..... all gone .... didn't even get as far as "are you a bot?" No living person could have gone through the motions to buy it in that time, so either the bots have cracked the system, or (more likely) someone else sees the offer before I do because of internet/computer download speeds etc.
|
|
|
|
Post by supernumerary on Feb 8, 2016 13:05:40 GMT
The Wolsey Business Park loans are flying through legals. We should have the valuation at the end of the week and completion early next week. The bottleneck in the pipeline is easing. Would this be both loans at the same time? Unit 3 @ £3 million. Unit 4 @ £5 million. If so, that will certainly absorb a lot of p2p investors money and stir the secondary market up... 
|
|
|
|
Post by red_panda on Feb 8, 2016 13:08:20 GMT
Maybe they've got a "pre-fund" on all loans, then spit out if they don't want something. I just had a go at one. Clicked within a half second of the thing appearing on screen ..... all gone .... didn't even get as far as "are you a bot?" No living person could have gone through the motions to buy it in that time, so either the bots have cracked the system, or (more likely) someone else sees the offer before I do because of internet/computer download speeds etc. It's likely the latter. I checked how often the page loads available loans and its always in different intervals. Between 1-5s. So if it loads the available loan for you a little later than for someone else, of course he had a head start. With the liquid market, there will always be someone being more lucky.
|
|
webwiz
Posts: 1,133
Likes: 210
|
Post by webwiz on Feb 8, 2016 13:09:40 GMT
I now owe SS £180 but am expecting PBL076 to increase the amount. How long should I wait before sending off the £180? Or should I invoke Sod's law and send it now which should immediately trigger the other one?
|
|
|
|
Post by fiatlender on Feb 8, 2016 13:10:41 GMT
£270 allocated on PBL076
|
|
ben
Posts: 2,020
Likes: 589
|
Post by ben on Feb 8, 2016 13:12:16 GMT
|
|
ben
Posts: 2,020
Likes: 589
|
Post by ben on Feb 8, 2016 13:13:04 GMT
I now owe SS £180 but am expecting PBL076 to increase the amount. How long should I wait before sending off the £180? Or should I invoke Sod's law and send it now which should immediately trigger the other one? I have sent mine for both just now i was intending on waiting till other one went before transfering anyway
|
|
am
Posts: 1,495
Likes: 601
|
Post by am on Feb 8, 2016 13:13:45 GMT
The Wolsey Business Park loans are flying through legals. We should have the valuation at the end of the week and completion early next week. The bottleneck in the pipeline is easing. Are there 100 units of housing for each of the two units, 100 units of housing for the two units combined, or 100 units of housing for the whole site (including more than is being offered as security here)?
|
|
|
|
Post by smrutib on Feb 8, 2016 13:14:52 GMT
This one probably had less investors (wonder why?)
A question about the 'Drawdown' status. If the status is No (as it is for the two new loans) does it mean that no interest is accrued till it turns to Yes?
|
|
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
|
Post by ilmoro on Feb 8, 2016 13:17:09 GMT
This one probably had less investors (wonder why?) A question about the 'Drawdown' status. If the status is No (as it is for the two new loans) does it mean that no interest is accrued till it turns to Yes? No accrues from now, SS cover if it doesnt draawdown
|
|
oldgrumpy
Member of DD Central
Posts: 5,087
Likes: 3,233
|
Post by oldgrumpy on Feb 8, 2016 13:18:27 GMT
This one probably had less investors (wonder why?) A question about the 'Drawdown' status. If the status is No (as it is for the two new loans) does it mean that no interest is accrued till it turns to Yes? It was a bigger loan, so a bigger slice. By the way, SS just sent me two emails, one to thank me on my investment of £235, and the other to congratulate on my allocation of £270!
|
|
webwiz
Posts: 1,133
Likes: 210
|
Post by webwiz on Feb 8, 2016 13:25:26 GMT
I now owe SS £180 but am expecting PBL076 to increase the amount. How long should I wait before sending off the £180? Or should I invoke Sod's law and send it now which should immediately trigger the other one? It worked.
|
|
!
