cooling_dude
Bye Bye's for the PPI
Posts: 2,853 
Likes: 4,298
|
Post by cooling_dude on Jun 15, 2016 17:48:16 GMT
What is the significance of "in principle", as in the valuation's comment: Planning permission in principle for residential, commercial ..., care home and public house development, including road accesses and engineering works.on page 1? I cannot find anywhere where the valuation takes "in principle" into account. Have a good read here... 
|
|
guff
Posts: 730
Likes: 707
|
Post by guff on Jun 15, 2016 17:59:55 GMT
The smart money is on 'sideways under' or possibly bass-ackwards. 8>. You've seen the way the Premium Bonds are allocated...? Well... Seriously, at £2.5m, it's only going to be %age. And it's going to be a high %age, given that everybody's sat there like Xmas afternoon, slackening their belts as they belch and guff gently, unwilling even to reach for the Quality Street. Prediction? 80%. Oi, careful. I resemble that remark.
|
|
adrianc
Member of DD Central
Posts: 10,023
Likes: 5,148
Member is Online
|
Post by adrianc on Jun 15, 2016 18:00:55 GMT
You've seen the way the Premium Bonds are allocated...? Well... Seriously, at £2.5m, it's only going to be %age. And it's going to be a high %age, given that everybody's sat there like Xmas afternoon, slackening their belts as they belch and guff gently, unwilling even to reach for the Quality Street. Prediction? 80%. Oi, careful. I resemble that remark. It wasn't me, it was the dog.
|
|
markdirac
Member of DD Central
Posts: 128
Likes: 51
|
Post by markdirac on Jun 15, 2016 18:01:34 GMT
Oh yeah. Got it. Thanks c_d.
I had not realised that PiP as per 2015 Housing and Planning Bill had been shortened to "in principle" and had become an accepted piece of jargon. I guess we should watch out for situations where we are told that pp has been granted "in principle", but the meaning is not in that sense. For example, "pp has been granted in principle on the assumption that we get around to applying and, further, prove to be successful."
A little ambiguous.
|
|
|
|
Post by brianac on Jun 15, 2016 22:01:27 GMT
What is the significance of "in principle", as in the valuation's comment: Planning permission in principle for residential, commercial ..., care home and public house development, including road accesses and engineering works.on page 1? I cannot find anywhere where the valuation takes "in principle" into account. I suspect it means that they have outline PP, but havn't yet submitted detailed proposals So the planning officer has said that they can build "xyz" subject to submitting the details (and the devil is always in the detail) Brian Edit; Shoudl have read more of the thread B4 I replied, already covered by others (it's late ...)
|
|
|
|
Post by Deleted on Jun 16, 2016 8:02:12 GMT
Can't see how this will get funded given the current glut on the secondary market, the best thing would be to postpone until older loans get repayed.
|
|
bloodycat
Member of DD Central
Posts: 184
Likes: 84
|
Post by bloodycat on Jun 16, 2016 8:13:01 GMT
It might not all get taken up with pre-funding but the remnants will still clear quite quickly.
A lot of the stuff on the SM is close to repaying (supposedly) so is less desirable for those who don't want to spend too much time running their accounts.
|
|
duck
Member of DD Central
Posts: 2,880
Likes: 6,964
|
Post by duck on Jun 16, 2016 8:13:20 GMT
Can't see how this will get funded given the current glut on the secondary market, the best thing would be to postpone until older loans get repayed. I don't necessarily agree. I have bought what I want from the secondary market and don't want to increase exposure to what is on offer. I suspect I'm not the only person with some cash looking for a home. (don't take this as a suggestion to buy/not buy that is your decision!)
|
|
goopy
Member of DD Central
Posts: 307
Likes: 144
|
Post by goopy on Jun 16, 2016 8:17:47 GMT
You've seen the way the Premium Bonds are allocated...? Well... Seriously, at £2.5m, it's only going to be %age. And it's going to be a high %age, given that everybody's sat there like Xmas afternoon, slackening their belts as they belch and guff gently, unwilling even to reach for the Quality Street. Prediction? 80%. My prediction is 100%. There are better loans than this sitting on the SM right now, why would anyone want this '6 month' loan?
|
|
|
|
Post by Deleted on Jun 16, 2016 8:25:46 GMT
I wouldn't be surprised if this was pulled at the last minute due to lack of demand.
|
|
adrianc
Member of DD Central
Posts: 10,023
Likes: 5,148
Member is Online
|
Post by adrianc on Jun 16, 2016 8:26:04 GMT
My prediction is 100%. There are better loans than this sitting on the SM right now, why would anyone want this '6 month' loan? I'm pre-funding 100% of my target - if I get lower, I don't think we'll be short of opportunities to top-up on the SM, sooner or later. I wouldn't be surprised if this was pulled at the last minute due to lack of demand. I would. The SM "state" has been obvious for days, yet the golive was sent yesterday. There's a lot of slow-moving loans, but not all, by a long way. There's some that just haven't been seen at all, there's plenty which are still moving quickly this morning, and even an older-loan queue I'm in moved as much overnight as it did all day yesterday.
|
|
pom
Member of DD Central
Posts: 1,922 
Likes: 1,244
|
Post by pom on Jun 16, 2016 8:50:34 GMT
I wouldn't be surprised if this was pulled at the last minute due to lack of demand. There is still plenty of demand for the new loans - I just sold my excess from yesterday in seconds - will just take a while to find new people for some of the older ones that don't already have as much as they want
|
|
Investboy
Member of DD Central
Trying to recover from P2P revolution
Posts: 564
Likes: 201
|
Post by Investboy on Jun 16, 2016 9:37:06 GMT
My gut feeling: it will be 100% allocation plus a big chunk on SM. Peoples just run out of money.
Or SS may postpone it a bit unless the borrower needs the monies now. But again if people do not invest, they won't get the monies.
Only SS knows the total prefunding. But the number may be unreliable as some may have default prefund but no money available.
Will see...
|
|
|
|
Post by GSV3MIaC on Jun 16, 2016 11:09:39 GMT
I doubt it'll be 100%, but it might yet again go bottom up? Who knows .. possibly not even SS. 8>.
Personally I'd be delighted to have some, to offset the overpriced London Pads (although it's all still property .. bring back boats and planes and Bugattis), and the cash is sat there waiting ..
|
|
am
Posts: 1,495
Likes: 601
|
Post by am on Jun 16, 2016 13:13:46 GMT
My prediction is 100%. There are better loans than this sitting on the SM right now, why would anyone want this '6 month' loan? I'm pre-funding 100% of my target - if I get lower, I don't think we'll be short of opportunities to top-up on the SM, sooner or later. I wouldn't be surprised if this was pulled at the last minute due to lack of demand. I would. The SM "state" has been obvious for days, yet the golive was sent yesterday. There's a lot of slow-moving loans, but not all, by a long way. There's some that just haven't been seen at all, there's plenty which are still moving quickly this morning, and even an older-loan queue I'm in moved as much overnight as it did all day yesterday. I've hit F5 a couple of times, and seen 92, but it's been gone before the sale page comes up, never mind getting past the captcha. Did manage to get some 72.
|
|
