NSFW
Posts: 118 
Likes: 58
|
Post by NSFW on Apr 8, 2018 16:09:41 GMT
11/5/17 update: The agent is planning to visit the site this week and has advised a price over £4m is very achievable. 21/12/17 update: we have accepted an offer to acquire the property at £1.9m To add to your comments above, on their voting page, option1: “with the balance of capital, accrued interest and bonus accrual to be recovered from claims against relevant parties which Lendy's lawyers have advised have a good prospect of success.” How much truth are there in it?! Just nudging investors into voting for option 1 I think.
|
|
tx
Member of DD Central
Posts: 300
Likes: 127
|
Post by tx on Apr 9, 2018 6:16:59 GMT
To add to your comments above, on their voting page, option1: “with the balance of capital, accrued interest and bonus accrual to be recovered from claims against relevant parties which Lendy's lawyers have advised have a good prospect of success.” How much truth are there in it?! Just nudging investors into voting for option 1 I think. If I were one of the investors, I would always choose to sell straight away recover whatever possible. So option 1 would be my choice anyway. But I always disagreed with Lendy using GDV in LTV calculation. 90 day’s distress sales value should be used instead! Then selling as my default voting option would work better. Trading p2p is no difference, stop loss would always be my option.
|
|
