goopy
Member of DD Central
Posts: 307 
Likes: 144
|
Post by goopy on Apr 27, 2016 7:25:54 GMT
If I remember correctly the last time there was a delay like this was because their IT dude didn't have broadband at his new mansion/house. Maybe he's had his phone cut off?  |
|
am
Posts: 1,495
Likes: 601
|
Post by am on Apr 27, 2016 8:03:06 GMT
Reading the valuation report, I see that the valuers have costed development finance at 6% (though it's not crystal clear what they mean by 6%). Isn't that a bit optimistic?
|
|
|
|
Post by Deleted on Apr 27, 2016 8:53:39 GMT
Just checked my account this morning, I assume this loan has been cancelled.
|
|
|
|
Post by savingstream on Apr 27, 2016 8:54:49 GMT
Apologies for the delay in going live with PBL094.
We are awaiting the up-to-date fresh valuation from JLL which should be with us by 10AM this morning before we go live with the loan.
Thanks for your patience.
|
|
|
|
Post by ladywhitenap on Apr 27, 2016 8:56:51 GMT
Just checked my account this morning, I assume this loan has been cancelled. It is still visible from my account? I'd assumed there was some details that took longer to sort out than planned hence the no-show yesterday. LW Edit: message from SS crossed with my reply
|
|
cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
|
Post by cooling_dude on Apr 27, 2016 9:28:04 GMT
Apologies for the delay in going live with PBL094. We are awaiting the up-to-date fresh valuation from JLL which should be with us by 10AM this morning before we go live with the loan. Thanks for your patience. So you changed your mind and decided to wait for the valuation report... Good idea I think 
|
|
|
|
Post by retired2005 on Apr 27, 2016 9:39:03 GMT
in more experinced lenders experience - does this mean that assuming it's received on time the loan should actually go live just after 10? I'm in France supposed to be househunting but sitting by my PC until it does!!
|
|
cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
|
Post by cooling_dude on Apr 27, 2016 9:43:44 GMT
in more experinced lenders experience - does this mean that assuming it's received on time the loan should actually go live just after 10? I'm in France supposed to be househunting but sitting by my PC until it does!! I would imagine they are going to have a good look through the new valuation report first; I would guesstimate the loan will go live at midday(ish)... There is something not right here; SS was all too willing to let the loan go live without the updated valuation report and told us the new report would be available to us close to drawdown; which confused me and some other investors on this forum. Now they have changed their mind; I wonder if they have been warned that the valuation has changed, or new observations have been made in the report...
|
|
|
|
Post by retired2005 on Apr 27, 2016 9:47:48 GMT
Ok thanks for that - I thought I had read somewhere else that it had been indicated (??) to SS that the only change on the valuation would be the date.....
|
|
pom
Member of DD Central
Posts: 1,922 
Likes: 1,244
|
Post by pom on Apr 27, 2016 9:48:57 GMT
in more experinced lenders experience - does this mean that assuming it's received on time the loan should actually go live just after 10? I'm in France supposed to be househunting but sitting by my PC until it does!! Just set your pre-fund, go do what you need to and worry about this later 
|
|
|
|
Post by retired2005 on Apr 27, 2016 9:53:09 GMT
Yep done that - but assuming I'm not going to get all I want, I'm guessing that there will be a flurry of activity on the SM just afterwards as there was when the Liverpool loans went live and I topped up closer to what I wanted ......
|
|
|
|
Post by Deleted on Apr 27, 2016 9:57:26 GMT
Yep done that - but assuming I'm not going to get all I want, I'm guessing that there will be a flurry of activity on the SM just afterwards as there was when the Liverpool loans went live and I topped up closer to what I wanted ...... Don't worry about topping up retired2005, there should be lots of loan parts for sale in the next day or two. With the new valuation report now out, I expect the new loan will go live very soon (in the next hour), but that's not certain.
|
|
pom
Member of DD Central
Posts: 1,922
Likes: 1,244
|
Post by pom on Apr 27, 2016 9:59:03 GMT
Hmm bit of a dilemma then.... but bear in mind there was a valuation for another pipeline loan that was expected at 10am (a week or so ago) that still hasn't turned up. So if you have other things you need to do, personally I'd go do them. Biggest lesson to learn in P2P investing (on any platform) is patience It always takes time to build a portfolio |
|
|
|
Post by retired2005 on Apr 27, 2016 10:01:31 GMT
HaHa thanks!...... have another 5 weeks here and given that a lot of properties here have been on the market 2 years plus (!!) think I can afford an hour or two.....
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,330
Likes: 11,549
|
Post by ilmoro on Apr 27, 2016 10:04:52 GMT
in more experinced lenders experience - does this mean that assuming it's received on time the loan should actually go live just after 10? I'm in France supposed to be househunting but sitting by my PC until it does!! I would imagine they are going to have a good look through the new valuation report first; I would guesstimate the loan will go live at midday(ish)... There is something not right here; SS was all too willing to let the loan go live without the updated valuation report and told us the new report would be available to us close to drawdown; which confused me and some other investors on this forum. Now they have changed their mind; I wonder if they have been warned that the valuation has changed, or new observations have been made in the report... Or they could just have had comms with the valuer revealing the report is good to go and thought they might as well wait to avoid any later criticism. Sounds eminently sensible to me. 
|
|
