Liz
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Post by Liz on Aug 22, 2016 10:53:41 GMT
As someone who has farming interests I have no real worries over the land loans. Always remember God stopped making new land a very long time ago. Perhaps it is worth noting that farmable land usually takes a lot longer to sell than property. So if these loans did become repossessions expect to have to wait at least a year to get your money back. God may have stopped making it but the Dutch (and others) haven't. I built new port and smelting facilities on land in the Middle East that was formed by dredging and spraying the "sand" onto areas that were eventually built up as a finished platform. The Chinese are good at building strategic islands!
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Post by GSV3MIaC on Aug 22, 2016 11:19:29 GMT
And there's only a little truth in the rumours that Californian realtors sell both sides of the same (vertical) acre. 8>.
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Liz
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Post by Liz on Aug 22, 2016 11:26:34 GMT
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boundah
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Post by boundah on Aug 22, 2016 11:30:02 GMT
No, but it doesn't make quicker (adv) wrong either, which is what you seemed to imply from your 'correction'. 'Traditional' English grammar is not cast in stone, which is why many dictionaries now list quicker as an alternative to more quickly - try Mr Google. Even the OED concedes it as informal usage. You can use words anyway you like, anywhere you like (subject to your employers accepting the sub-standard). Slang, colloquial, informal, it's up to you. But don't claim it's correct English. Some of us still know the difference between right and wrong, and it is not pedantry to point out the difference when someone asks. Grrrrr Given your predilection for 'correct' English usage, I'm surprised by your schoolboy error: 'anyway' instead of 'any way'. As I'm sure you know, the former can only be used as an adverb (= nevertheless). A typo, let's agree?
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littleoldlady
Member of DD Central
Running down all platforms due to age
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Post by littleoldlady on Aug 22, 2016 11:51:17 GMT
Not me. I wish I were her age though.
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merlin
Minor shareholder in Assetz and many other companies.
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Post by merlin on Aug 22, 2016 11:52:30 GMT
As someone who has farming interests I have no real worries over the land loans. Always remember God stopped making new land a very long time ago. Perhaps it is worth noting that farmable land usually takes a lot longer to sell than property. So if these loans did become repossessions expect to have to wait at least a year to get your money back. God may have stopped making it but the Dutch (and others) haven't. I built new port and smelting facilities on land in the Middle East that was formed by dredging and spraying the "sand" onto areas that were eventually built up as a finished platform. Jaydee have you any idea what the cost of the Dutch "new land" was or the new land that you created in the Middle East? My guess is it is something like £1.5M per hectare which would have been on a par with Boris' Island Airport in the Thames if it had ever gone ahead. Incidentally we are losing land in the UK as we have stopped reclaiming land from the sea and are even returning some (East Anglia) to nature through reflooding. We are also losing other coastal land through erosion. What God gives with one hand he takes with the other.
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oldgrumpy
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Post by oldgrumpy on Aug 23, 2016 12:00:35 GMT
The haddock may have arrived. SS have got their fingers crossed. Tomorrow to pay off 58? ?, then launch Arboretum and extend 35 Oh dear! Quelle surprise!! Yet another useless repayment forecast by SS. They'll have to keep more than their fingers crossed when funds are expected from operators in Dubai. If you haven't looked at the series of unfulfilled predictions by SS it is worth a look at the updates tab. You'll realise why SS now has the reputation it does for useless (and often well out of date) updates. Fingers still crossed? I'm sure SS realise that these borrowers are just "playing" them. (Rumours about personal courier haddock are false) 2016-08-18 15:45:30 "Expecting (fingers crossed) to receive funds for this tmrw. The lawyers are all in communication and working to a common aim."
No chance! That common aim is probably that "more communications means more fees"! SS just seems to believe and accept what they say.... since April!
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Post by dualinvestor on Aug 23, 2016 12:19:28 GMT
Oh dear! Quelle surprise!! Yet another useless repayment forecast by SS. They'll have to keep more than their fingers crossed when funds are expected from operators in Dubai. If you haven't looked at the series of unfulfilled predictions by SS it is worth a look at the updates tab. You'll realise why SS now has the reputation it does for useless (and often well out of date) updates. Fingers still crossed? I'm sure SS realise that these borrowers are just "playing" them. (Rumours about personal courier haddock are false) 2016-08-18 15:45:30 "Expecting (fingers crossed) to receive funds for this tmrw. The lawyers are all in communication and working to a common aim."
No chance! That common aim is probably that "more communications means more fees"! SS just seems to believe and accept what they say.... since April!
As in the real world trsnfers between banks with "IBAN" codes are instantaneous, in the fantasy world that seems to be inhabited by these borrowers tomorrow never comes.
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oldgrumpy
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Post by oldgrumpy on Aug 23, 2016 12:26:30 GMT
To happen here so often over so many months these borrowers must be telling lies, knowing full well that there will be no money coming from Dubai (or anyone else) until it is convenient for them. SS, clearly, can do nothing whatosoever about it (and possibly many other overdue loans).
It may well be that no money is lost here, but people's concept of SS certainly suffers, and I'm sure they are aware of it.
Now where did I read this? "Deal flow is sourced through our carefully selected commercial finance broker network. We try not to deal with clients/borrowers directly to make our operations more efficient; .... "
Ah ... that may explain a lot.
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spyrogyra
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Post by spyrogyra on Aug 23, 2016 13:23:51 GMT
So there are other middle men adding the total cost to borrowers ... which is even more concerning.
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Post by jonboy73 on Aug 23, 2016 13:41:31 GMT
"the cheque's in the post"
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Post by jonboy73 on Aug 23, 2016 13:43:01 GMT
So there are other middle men adding the total cost to borrowers ... which is even more concerning.
not sure why that concerns you.. surely most loans are done via brokers etc..
and they have 4% in and 2% out fees to cover any little kickbacks.
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Post by dualinvestor on Aug 23, 2016 13:43:59 GMT
So there are other middle men adding the total cost to borrowers ... which is even more concerning. savingstream are on record that they rarely deal with borrowers directly and mostly have contact with them through intermediaries.
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spyrogyra
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Post by spyrogyra on Aug 23, 2016 13:47:22 GMT
It should concern lenders. The concern is the total cost to the borrower, hence their ability to continue paying interest when the initial period is over. Ironically, P 2 P - peer to peer - doesn't have a b in the middle. The idea was to cut bankers and middle men.
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oldgrumpy
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Post by oldgrumpy on Aug 23, 2016 15:48:53 GMT
I thought I had replied to this, but it seems to have gone ... or I forgot to click on "create". ... or it's been modded out ....
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