locutus
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Post by locutus on Feb 15, 2016 10:01:07 GMT
SS - can you comment on the discrepancy between the asking price on Rightmove and the valuation figure?
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ablender
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Post by ablender on Feb 15, 2016 10:05:17 GMT
1. I read that there are some wood electricity poles, and 4 electric pylons, together with a water pipeline going through the land. Will any of this make a difference?
2. Also there is mentioned of clay pigeon target shooting license.
3. Another thing I do not understand is "We are informed there is an overage covenant on the access from the village of Sutton." What is this and will it have any effect?
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tomtom
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Post by tomtom on Feb 15, 2016 10:28:05 GMT
With these loans going live this coming wednesday do i have to have all my pre-orders covered by cash or just arrange to cover them within 24 hours of them going live?
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Feb 15, 2016 10:31:07 GMT
With these loans going live this coming wednesday do i have to have all my pre-orders covered by cash or just arrange to cover them within 24 hours of them going live? You don’t have to have the money sitting in the account; you’ll have a negative balance and then you’ll have to deposit the amount within 48 hours.
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Post by ladywhitenap on Feb 15, 2016 10:34:49 GMT
With these loans going live this coming wednesday do i have to have all my pre-orders covered by cash or just arrange to cover them within 24 hours of them going live? The latter; although there was a request for potential lenders to transfer cash in advance to help with a quick draw down, I felt that this was more to do with banking latency when the loan was due to go live over the weekend. LW
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oldgrumpy
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Post by oldgrumpy on Feb 15, 2016 10:40:16 GMT
Well, Grumples is set up for a (modest) position (for six months or so) in this piece of land speculation. Huddersfield all sold up!! I wonder if we'll get an AC style "unfortunately" to delay Wednesday's launch?  |
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am
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Post by am on Feb 15, 2016 11:05:48 GMT
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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.
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Post by sqh on Feb 15, 2016 11:14:36 GMT
I think it's a typo. At first I thought it must be famine in reference to the shortage of loans available since xmas. Then realised that didn't make sense, so should read gaming, implying there is a casino being run from the grain stores. 
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Post by dodgeydave on Feb 15, 2016 11:26:52 GMT
I think it's a typo. At first I thought it must be famine in reference to the shortage of loans available since xmas. Then realised that didn't make sense, so should read gaming, implying there is a casino being run from the grain stores. I think there is more chance of a casino happening here than the other place in Hull :-)
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ablender
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Post by ablender on Feb 15, 2016 12:10:05 GMT
Brilliant, prudence is always welcome in today's climate. I do need to know if all loans share all of the security, or if its being divided up. Liz - we have divided it up. Is it only the land that has been divided or does it include the buildings? If the latter is true, which buildings belong to which tranche?
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Feb 15, 2016 12:12:38 GMT
Liz - we have divided it up. Is it only the land that has been divided or does it include the buildings? If the latter is true, which buildings belong to which tranche? It's all in the valuation document dude  Tranche A includes the farm buildings at Clay End Farm Tranche D includes the farmhouse The other two Tranches don't include any outbuildings, but Tranche B includes a Scheduled Ancient Monument (a moated site apparently)
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ablender
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Post by ablender on Feb 15, 2016 12:20:44 GMT
Is it only the land that has been divided or does it include the buildings? If the latter is true, which buildings belong to which tranche? It's all in the valuation document dude Tranche A includes the farm buildings at Clay End Farm Tranche D includes the farmhouse The other two Tranches don't include any outbuildings, but Tranche B includes a Scheduled Ancient Monument (a moated site apparently) Thanks. You are so fast at reading. I have only gone through the initial part of each document. In any case, do you have any ideas about the questions I raised earlier? p2pindependentforum.com/post/91879/thread
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webwiz
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Post by webwiz on Feb 15, 2016 12:24:01 GMT
Another thing I do not understand is "We are informed there is an overage covenant on the access from the village of Sutton." What is this and will it have any effect? I don't see any reason to be concerned about this.
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ablender
Member of DD Central
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Post by ablender on Feb 15, 2016 12:27:32 GMT
Thanks webwiz. Another question: What is "Scheduled Ancient Monument"? Any effect on security? |
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Feb 15, 2016 12:29:39 GMT
1. I read that there are some wood electricity poles, and 4 electric pylons, together with a water pipeline going through the land. Will any of this make a difference? 2. Also there is mentioned of clay pigeon target shooting license. 3. Another thing I do not understand is "We are informed there is an overage covenant on the 1. The land is massive! There is bound to be water pipelines and pylons, none of which would be of concern. If the valuation indicated that there where transmission towers running through the land, then that would be an expensive issue for planning, but no indication 2. I can't see no issues I can see with this. If the land which has clay pigeon target shooting license has a change of use this license would be automatically removed 3. I have no idea what this means.....! Will have to do some research EDIT : webwiz beat me to it!
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