Liz
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Post by Liz on Dec 22, 2016 13:12:46 GMT
-34 days overdue, last update was 3 weeks ago. I wonder whats going on.....  Double negative! You mean 34 days overdue  Only 34 days overdue, plenty worse out there. I would sell it on the SM and pick something better up. We are due an update on the entire loan book by Friday, so may know more then.
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Dec 22, 2016 13:25:30 GMT
I can provide a DIY update The Rivera + A large Chalet (not included in our security) is currently on the market. Sotheby International hosted an open day at the Rivera in July, and the asking price then was a reported £16 million (again; there is more on offer than just our security, such as the Chalet on the site which isn't mentioned in the valuation report). The Chalet has been heavily marketed and has been in the national newspapers (the sun + daily mail) and has a dedicated space on the Sotheby's website. There are still some remaining issues with planning and even Sotheby's note... I added some details about the above planning issues here |
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Post by george4064 on Dec 30, 2016 11:20:25 GMT
-34 days overdue, last update was 3 weeks ago. I wonder whats going on..... -34 days is nothing. If you're investing here you need to be prepared for months of overdues, but you'll probably get the interest in the end. I am relatively new to P2P and SS, but based on your experiences what is the likelihood of the interest being paid over the period where the loan is overdue?
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Dec 30, 2016 11:22:32 GMT
-34 days is nothing. If you're investing here you need to be prepared for months of overdues, but you'll probably get the interest in the end. I am relatively new to P2P and SS, but based on your experiences what is the likelihood of the interest being paid over the period where the loan is overdue? The loan has not defaulted, so interest will be paid monthly. This is the same with all overdue loans (that haven't defaulted).
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adrianc
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Post by adrianc on Jan 9, 2017 12:25:30 GMT
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Post by eascogo on Sept 1, 2017 21:33:13 GMT
Just made highlight news on the BBC. Money to go back to buyer as a result of sale misrepresentation.
Approx. £2m to be paid back.
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