jcb208
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Post by jcb208 on Nov 20, 2016 15:01:07 GMT
Saved themselves a couple of days interest by delaying, but as said an email would not do any harm. These delays seem to happen on a regular basis these days which I have learnt by and no longer sell loan parts in advance savingstream you turning the tap on today or not ? |
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seeingred
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Post by seeingred on Nov 20, 2016 16:50:08 GMT
It could get worse soon.
Several big loans and groups of loans are due to be paid back (so they say....) Many are in the band c. 40 to 80 days overdue. If several repay at around the same time where is the cash going to go? It would be neat if the new F-ISAs could be made available at the same time as a dozen quality new loans.
Then we'd all have plenty of ready cash and somewhere worthwhile to put it.
OK, just wishing......
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lobster
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Post by lobster on Nov 21, 2016 9:24:48 GMT
Suddenly ........ nothing happened  Any chance of some form of communication please savingstream ? Already 2 days late and there hasn't been a word so far ?? |
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fp
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Post by fp on Nov 21, 2016 9:57:22 GMT
Quit banging your head against walls just for the hell of it, this is the exact same thing which happened a few weeks ago, and if I remember correctly was met with a comment from SS which some found to be flippant.
I quote "N.B. We reserve the right to cancel or extend this go live date if required."
We're talking an allocation of maybe £120 on this one, hardly worth losing sleep over IMO
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Nov 21, 2016 10:39:46 GMT
Just gone live
£150.00 allocation
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ganymede
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Post by ganymede on Nov 21, 2016 11:16:58 GMT
Just gone live £150.00 allocation Same £150 allocation.
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mikes1531
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Post by mikes1531 on Nov 21, 2016 14:58:53 GMT
Quit banging your head against walls just for the hell of it, this is the exact same thing which happened a few weeks ago, and if I remember correctly was met with a comment from SS which some found to be flippant. I quote "N.B. We reserve the right to cancel or extend this go live date if required."We're talking an allocation of maybe £120 on this one, hardly with losing sleep over IMO I agree. Then again, I have difficulty understanding why, in the cases of DFL001 and DFL002, a delay might have been required. Maybe SS should change their footnote to "...if we feel like it." 
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Post by GSV3MIaC on Nov 21, 2016 17:10:40 GMT
I don't see why anyone ever thought it was a good idea to 'go live' Saturday, when the released funds clearly are not going to reach the client, or his builder, or Jewson's or where-ever it is really destined for, before Monday .. unless SS wanted the cash in their bank by Monday, but I doubt they are that short of liquid funds.
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twoheads
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Programming
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Post by twoheads on Jan 27, 2017 10:40:24 GMT
Did anyone notice (apart from my SS monitor) that the loan value was changed at 13:27 on 25th Jan:
Loan value was changed from £2,883,859 (68%) to £2,935,421 (69%).
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jamesc
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Post by jamesc on Jan 27, 2017 10:51:15 GMT
Did anyone notice (apart from my SS monitor) that the loan value was changed at 13:27 on 25th Jan:
Loan value was changed from £2,883,859 (68%) to £2,935,421 (69%). I was luckily to see that £50k hit the SM on the 25th (from which of course I took a nice mouthful) it lasted about a minute, I was going to mention it here but got distracted, sorry ! Was surprised that a project of this size would take down such small amounts and remember SS did state that anything under I think £200,000 would go straight to the SM.
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pom
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Post by pom on Jan 27, 2017 10:52:08 GMT
Didn't they say a while back that they wouldn't use pre-funding for small advances, just throw it on the SM? That'd be my guess. Would be nice to think it'll get mentioned in an update somewhere but I won't hold my breath...
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Jan 27, 2017 12:44:24 GMT
Didn't they say a while back that they wouldn't use pre-funding for small advances, just throw it on the SM? That'd be my guess. Would be nice to think it'll get mentioned in an update somewhere but I won't hold my breath... They did say that, but you would still expect some sort of update. The last tranche was on 21/11/16, so one was due. I am still lobbying for the QS Reports to be published, but it would also be nice just to have a written update on the status of the build.
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twoheads
Member of DD Central
Programming
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Post by twoheads on Mar 1, 2017 10:29:40 GMT
Sneaky mini tranche just added to this one.
Loan from £2,935,421 to £2,968,000 (increase of £32,579).
LTV from 69% to 70%.
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
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Post by cooling_dude on Mar 1, 2017 10:35:49 GMT
Sneaky mini tranche just added to this one.
Loan from £2,935,421 to £2,968,000 (increase of £32,579).
LTV from 69% to 70%. And we have reached the ceiling. The first DFL to do so
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Liz
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Post by Liz on Mar 2, 2017 19:12:26 GMT
Sneaky mini tranche just added to this one.
Loan from £2,935,421 to £2,968,000 (increase of £32,579).
LTV from 69% to 70%. And we have reached the ceiling. The first DFL to do so So what happens if they need more funds? Defult it and sell a part built development?; I can't see that happening. SS to fund the extra needed? A N Other?
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