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Post by bracknellboy on Jun 2, 2015 17:25:57 GMT
There is an email which has been sent out to lenders on this loan (i.e. I have just received). I would remind all lenders in case they failed to spot it (which would be hard) of the explicit confidentiality statement referred to at the start of the email. In other words in case it wasn't obvious, do not post it into the forum, either here or on the pink pages.
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Post by meledor on Jun 2, 2015 18:05:35 GMT
Informative email from Assetz. Thank you. I am quite relaxed about the situation; I always considered the security for this loan to be first rate.
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Post by yorkshireman on Jun 2, 2015 18:32:03 GMT
Informative email from Assetz. Thank you. I am quite relaxed about the situation; I always considered the security for this loan to be first rate. Yes extremely informative about the events of last week. 
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L**DS C P
Jun 2, 2015 18:35:24 GMT
via mobile
Post by andrewholgate on Jun 2, 2015 18:35:24 GMT
Informative email from Assetz. Thank you. I am quite relaxed about the situation; I always considered the security for this loan to be first rate. Yes extremely informative about the events of last week. You will note from the Q&A on this loan I have said that my personal view is we should have told lenders last week. I have said my piece to the team regarding this and I have apologised to you all as well for a lack of communication. A
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ianj
Member of DD Central
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Post by ianj on Jun 2, 2015 19:16:36 GMT
...........seems that we're nine months short of the reserve promised. That was a condition (within six months of the loan starting) contained within the revised credit report dated 20/11/2013. My bold Perhaps it was the cider consumed last night which has finally addled what grey matter remains, but I'm having trouble locating the conditions mentioned above. I'd swear I saw them yesterday, but, having revisited the revised credit report, I see no mention of any conditions at all! EDIT: Probably was the cider. Just found it.
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jonah
Member of DD Central
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Post by jonah on Jun 2, 2015 19:31:58 GMT
More information is usually useful and that email certainly helps. Thank you for that.
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Post by bracknellboy on Jun 2, 2015 20:07:37 GMT
I have to say I found the email measured, calm, informative and reassuring. Ummm. Beware the duck.....
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duck
Member of DD Central
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Post by duck on Jun 3, 2015 5:25:57 GMT
I have to say I found the email measured, calm, informative and reassuring. Ummm. Beware the duck..... why what have I done now .....
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j
Member of DD Central
Penguins are very misunderstood!
Posts: 2,188
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Post by j on Jun 3, 2015 8:12:15 GMT
Yes extremely informative about the events of last week. You will note from the Q&A on this loan I have said that my personal view is we should have told lenders last week. I have said my piece to the team regarding this and I have apologised to you all as well for a lack of communication. A This loan has served many, myself included, well in terms of parking spare cash (that was also the idea with plumber man too but, let's not go there!) & has effectively always paid on time barring odd slight relapse. After reading AH's email, confidence is surely higher regarding security & likelihood of no default. The guy has come out & apologised about lack of notice & the more important lesson for AH & AC is that it is not repeated again.
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