j
Member of DD Central
Penguins are very misunderstood!
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Post by j on Jul 21, 2014 11:44:18 GMT
Hi andrewholgate, any new loans in the pipeline or it it just a temporary dry patch? Many thanks |
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Post by andrewholgate on Jul 21, 2014 15:36:42 GMT
I have around 5-10 to come in the next 2 weeks. We wanted to list 3 last week but held back on a number of reasons, including trying to understand more about mortgages on part built yachts to ensure it is plain sailing when it lists (sic).
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Post by rudry2677 on Jul 21, 2014 15:45:10 GMT
Let's all hope it doesn't list (sic) too much  |
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Post by oldnick on Jul 21, 2014 15:45:37 GMT
Now look what you've started! How are we going to keep this thread on an even keel now?
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ramblin rose
Member of DD Central
“Some people grumble that roses have thorns; I am grateful that thorns have roses.” — Alphonse Karr
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Post by ramblin rose on Jul 21, 2014 15:50:25 GMT
You're just going to have to be stern about it.
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Post by oldnick on Jul 21, 2014 15:52:09 GMT
I wouldn't jib at that.
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oldgrumpy
Member of DD Central
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Post by oldgrumpy on Jul 21, 2014 16:10:06 GMT
You are all mast-ers of the punner's art, methinks  |
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mikes1531
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Post by mikes1531 on Jul 21, 2014 16:20:03 GMT
I have around 5-10 to come in the next 2 weeks. We wanted to list 3 last week but held back on a number of reasons, including trying to understand more about mortgages on part built yachts to ensure it is plain sailing when it lists (sic). I'm not going to touch that last phrase with a barge pole! But seriously... This is just my luck -- I'm about to disappear again for a few weeks and everything is going to start happening as soon as I go! One thing I would ask andrewholgate about -- and perhaps this belongs in a different thread -- is the Hac**** loan. About the time that some of these new loan opportunities will be reaching the ends of their auctions, the Hac**** loan would be reaching the end of its six-month term (it was drawn down on 14/Feb). The stated purpose of that £2.175M loan was "Property owner who has completed property refurbishment requires 6 month bridging loan to arrange mainstream long term loan." So where does the borrower stand with respect to progressing their refinancing? Based on recent experience, ISTM that unless their plans are very well advanced by now there's a significant chance that they'll be unable to meet the 14/Aug repayment date, so I'd like to hear how they're doing. What are the chances that we'll be able to use our Hac**** proceeds to invest in the upcoming opportunities? Or maybe one of the upcoming opportunities is a follow-on loan for that maturing one?
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baz657
Member of DD Central
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Post by baz657 on Jul 21, 2014 16:48:44 GMT
I bow to the superior puns in this topic. |
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Post by chris on Jul 21, 2014 16:58:46 GMT
I have around 5-10 to come in the next 2 weeks. We wanted to list 3 last week but held back on a number of reasons, including trying to understand more about mortgages on part built yachts to ensure it is plain sailing when it lists (sic). I'm not going to touch that last phrase with a barge pole! But seriously... This is just my luck -- I'm about to disappear again for a few weeks and everything is going to start happening as soon as I go! If you're still going to have access to a phone line don't forget you can call our lender team to discuss new loans after they've been listed and to ask them to place bids on your behalf.
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j
Member of DD Central
Penguins are very misunderstood!
Posts: 2,188
Likes: 540
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Post by j on Jul 21, 2014 17:14:21 GMT
I have around 5-10 to come in the next 2 weeks. We wanted to list 3 last week but held back on a number of reasons, including trying to understand more about mortgages on part built yachts to ensure it is plain sailing when it lists (sic). 5-10 loans over 2 weeks is certainly something that floats my boat 
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j
Member of DD Central
Penguins are very misunderstood!
Posts: 2,188
Likes: 540
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Post by j on Jul 21, 2014 17:17:29 GMT
I have around 5-10 to come in the next 2 weeks. We wanted to list 3 last week but held back on a number of reasons, including trying to understand more about mortgages on part built yachts to ensure it is plain sailing when it lists (sic). I'm not going to touch that last phrase with a barge pole! But seriously... This is just my luck -- I'm about to disappear again for a few weeks and everything is going to start happening as soon as I go! One thing I would ask andrewholgate about -- and perhaps this belongs in a different thread -- is the Hac**** loan. About the time that some of these new loan opportunities will be reaching the ends of their auctions, the Hac**** loan would be reaching the end of its six-month term (it was drawn down on 14/Feb). The stated purpose of that £2.175M loan was "Property owner who has completed property refurbishment requires 6 month bridging loan to arrange mainstream long term loan." So where does the borrower stand with respect to progressing their refinancing? Based on recent experience, ISTM that unless their plans are very well advanced by now there's a significant chance that they'll be unable to meet the 14/Aug repayment date, so I'd like to hear how they're doing. What are the chances that we'll be able to use our Hac**** proceeds to invest in the upcoming opportunities? Or maybe one of the upcoming opportunities is a follow-on loan for that maturing one? , very good point raised. Have you made this query on AC's Q&A page for the Ackney loan?
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mikes1531
Member of DD Central
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Post by mikes1531 on Jul 21, 2014 17:40:40 GMT
mikes1531, very good point raised. Have you made this query on AC's Q&A page for the Ackney loan? I hadn't. Having been prompted by j, I went to put the question via the Q&A page. When I got there, however, I found that the issue had been raised already. AC's response, on the Overview tab of the loan, was... Most encouraging!
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Post by rudry2677 on Jul 21, 2014 17:57:12 GMT
A bottle of Port with a fine Crüe and six knots - not to transposed otherwise we'll wave goodbye.
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