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Post by martin44 on Oct 16, 2017 20:21:24 GMT
No.. 3 treatments at 48 hr intervals, light spray only, 4th treatment after 14 days to eliminate any persistent hanger ons, not recommended anywhere other than areas where complete eradication of weeds is needed. Interesting .. I thought the London Olympic park costs somewhat over £1m an acre to clear .. but that may be because if you are going excavating, then you can't just kill the top growth and wait for the roots to die off? However, as someone said, that probably isn't the problem at all, and for the apparent loss of value on this plot you ought be able to cart the whole top meter away and replace it. Your right there, unfortunately that's the downside of roundup, it takes months to work effectively, i only wanted to clear 1/2 acre , grow some nice grass and 5 apple trees, took me 6 months.. still stuck with the bl***y moles though.
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seeingred
Member of DD Central
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Post by seeingred on Oct 16, 2017 21:39:02 GMT
Perhaps you could repurpose a few of your moles. Ask them to take a vacation around W******* V*** in Ryde.
See what they can unearth.
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Post by martin44 on Oct 17, 2017 22:26:28 GMT
Perhaps you could repurpose a few of your moles. Ask them to take a vacation around W******* V*** in Ryde. See what they can unearth. I did try, manually pointed them in the right direction, but unfortunately they keeping heading the wrong way , i'm starting to think they may be blind?   
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seeingred
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Post by seeingred on Oct 17, 2017 22:44:50 GMT
No, no, wait until the wind direction changes.
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Post by martin44 on Oct 17, 2017 22:56:46 GMT
No, no, wait until the wind direction changes. Sorry.. too late.. they are now X-moles. 
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oldgrumpy
Member of DD Central
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Post by oldgrumpy on Oct 18, 2017 13:14:58 GMT
Well .... I've seen what X-men can do ... you'll have to be very wary about your X-moles  |
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Post by martin44 on Oct 19, 2017 7:56:26 GMT
No need to worry Grumps... poor things never stood a chance. |
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Post by genialharry on Oct 23, 2017 8:13:16 GMT
So Paul64 Why has the value of this place gone down from £5milion to £900000 please? Why wont Lendy answer the question i have seen the valluation it is £5 million Harry |
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seeingred
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Post by seeingred on Oct 23, 2017 9:53:42 GMT
Reposted from another thread where lenders have been discussing how pleased they are that their emails will no longer contain bad news about loans that they have been lucky enough either never to hold or from which they made a quick exit. The new policy is simply this: no news IS good news. Furthermore, no news avoids any possibility of fake news.
Message from Paul (draft for comment):
"We continue to recognise that you may be concerned that the Isle of Wight valuation has fallen from £5 million to less than £1 million but we are not willing to discuss with you the reasons why. It is after all our money that is at stake, not yours. Please continue to speculate amongst yourselves. In any case, we are far too busy organising next years Cowes Week. Do you know how much effort is involved in organising international marketing junkets? You should be grateful you don't have to endure all the trips to Marbella and similarly ghastly places."
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seeingred
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Post by seeingred on Oct 23, 2017 12:25:16 GMT
Given that Lendy do respond to inundation, maybe it is time that many lenders in Isle of Cowes emailed them directly.
I have had no luck in the past on getting information about other loans but maybe if more people asked to know what was happening with a major and prestigious investment?
So far discussions have revolved around a ransom strip or the very boggy/waterlogged nature of the site and possible sewer overload problems. However, study of the planning documents for Ryde Council and Isle of Wight planning dept do show that these concerns were raised in 2014/2015: thus any competent platform that undertook diligent 17 stage DD on its loans could not have failed to check these points, and their implications for value.
Therefore some thing else is clearly amiss - but what?
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seeingred
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Post by seeingred on Oct 23, 2017 14:55:49 GMT
OK, things seem to be becoming clearer. If you access the Land Registry documents for land in this area, the last few houses along W******* V*** seem not to be built along what is a normal adopted 'public' road, although it looks like one. They all have specific rights of access over the last bit of this road - a bit like living along a private or unmade road. (I used to, and no-one knew who owned the road, but rights of access were granted via 'long user' and statutory declarations to that effect. All a long time ago.....). What seems to have happened here is that the borrower bought the land either knowing or not knowing that access along W******* V*** was problematic (to say the least). He applied for PP and sketched out a scheme - but he should have checked (or did he know) that the land would have little value unless there could be full vehicular and other access. The valuation depended on this of course. Access for the scheme was debated in planning meetings - so it was hardly an 'unknown' factor. indeed it is obvious - and extra 180 dwellings accessed via a tiny little cul-de-sac road? It's actually more complicated still - not sure how much can be said here. Anyone looking at the LR titles for the last bit of the 'access' road should have been alerted to possible problems - see diagram.  It is one for the lawyers now - who knew what, who said what, who ought to have known....... |
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guff
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Post by guff on Oct 23, 2017 15:13:10 GMT
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Balder
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Post by Balder on Oct 23, 2017 15:20:33 GMT
maybe the comprehensive 49 point DD checklist has now gone up to 50. |
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seeingred
Member of DD Central
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Post by seeingred on Oct 23, 2017 15:32:11 GMT
Ahoy there Lendy Support Did you know that for a £5 million building development scheme it can be a good idea to check the LR titles for all the surrounding land? This could have been done for around £20. |
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Post by spectra on Oct 23, 2017 21:15:34 GMT
You should be grateful you don't have to endure all the trips to Marbella and similarly ghastly places." Marbella and Lendy, one complements the other.
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