ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on May 3, 2015 16:30:38 GMT
#169 SP L2L due to drawdown Friday at latest. Any thoughts on which Friday?  One before a weekend? Edit: remember time is fluid concept
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baldpate
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Post by baldpate on May 3, 2015 16:33:19 GMT
Back on 13th March, Andrew Holgate made the following confident prediction: "I'm confident of 3-4 deals per week to come through fairly consistently in the next few weeks and months. We are working hard to get loans moving and the team are focused." (see here) Yet in the whole of April, I count just one loan drawn down. What has gone awry that AH's prediction should have proved so far off beam? |
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on May 3, 2015 17:08:15 GMT
Back on 13th March, Andrew Holgate made the following confident prediction: "I'm confident of 3-4 deals per week to come through fairly consistently in the next few weeks and months. We are working hard to get loans moving and the team are focused." (see here) Yet in the whole of April, I count just one loan drawn down. What has gone awry that AH's prediction should have proved so far off beam? One of ramblin rose or coop nicked his crystal ball? 
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oldgrumpy
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Post by oldgrumpy on May 3, 2015 19:42:31 GMT
Mr H's loan flow predictions have been reasonably consistent in their optimism ever since last summer, and since the launching of the new website in October and since the start of 2015.
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Post by yorkshireman on May 3, 2015 21:20:56 GMT
I'll say it once again, actions speak louder than words.
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mikes1531
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Post by mikes1531 on May 4, 2015 19:27:50 GMT
Not to mention that the largest loan on the Upcoming Loans list, accounting for nearly half of the capital required, produces a 'Page Not Found' error if you try to obtain any info about it. And it looks like it's more of an issue than just a failure to input the correct URL since the problem was reported to AC over a week ago.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on May 4, 2015 20:41:15 GMT
Not to mention that the largest loan on the Upcoming Loans list, accounting for nearly half of the capital required, produces a 'Page Not Found' error if you try to obtain any info about it. And it looks like it's more of an issue than just a failure to input the correct URL since the problem was reported to AC over a week ago. And at least twice more since 
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,330
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Post by ilmoro on May 5, 2015 10:00:30 GMT
Not to mention that the largest loan on the Upcoming Loans list, accounting for nearly half of the capital required, produces a 'Page Not Found' error if you try to obtain any info about it. And it looks like it's more of an issue than just a failure to input the correct URL since the problem was reported to AC over a week ago. And at least twice more since Now fixed
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on May 5, 2015 12:51:40 GMT
Any thoughts on which Friday? One before a weekend? Edit: remember time is fluid concept #169 BTL Drawdown tomorrow at latest, which may or may not be a Wed but could also be any other weekday that follows another weekday as long as that weekday was yesterday and not a bank holiday.
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unmadem
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Post by unmadem on May 5, 2015 18:18:38 GMT
Back on 13th March, Andrew Holgate made the following confident prediction: "I'm confident of 3-4 deals per week to come through fairly consistently in the next few weeks and months. We are working hard to get loans moving and the team are focused." (see here) Yet in the whole of April, I count just one loan drawn down. What has gone awry that AH's prediction should have proved so far off beam? I do wonder if loans are going to the institutional investor.
Deal flow certainly has been dire at the retail end of things since December. I'd planned to increase investment level but instead struggling to keep invested at same level as loans repay.
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mikes1531
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Post by mikes1531 on May 5, 2015 23:38:22 GMT
Back on 13th March, Andrew Holgate made the following confident prediction: "I'm confident of 3-4 deals per week to come through fairly consistently in the next few weeks and months. We are working hard to get loans moving and the team are focused." (see here) Yet in the whole of April, I count just one loan drawn down. What has gone awry that AH's prediction should have proved so far off beam? I do wonder if loans are going to the institutional investor.
Deal flow certainly has been dire at the retail end of things since December. I'd planned to increase investment level but instead struggling to keep invested at same level as loans repay.
In many respects, a statement from AC saying that a lot of the recent deal flow has gone to one or more institutional investors would be most welcome. It would mean that there really has been some deal flow, and it's just a matter of adjusting the institutional/retail proportions for us to see some sign of activity. On the other hand, if the statement says there has been little or no recent institutional involvement, and that the deal flow we're seeing is all that there has been... Perhaps @andrewholgatewould care to let us know what's happening.
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ton27
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Post by ton27 on May 6, 2015 9:44:44 GMT
The lack of deal flow is worrying - although there are a few "Upcoming Loans" they seem to take forever to reach the retail market. It is proving very difficult to increase my investment and increasingly frustrating as, on the basis of a better deal flow, I have substantial funds available for the past few months which are currently earning zilch.
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bugs4me
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Post by bugs4me on May 6, 2015 10:12:17 GMT
I do wonder if loans are going to the institutional investor.
Deal flow certainly has been dire at the retail end of things since December. I'd planned to increase investment level but instead struggling to keep invested at same level as loans repay.
In many respects, a statement from AC saying that a lot of the recent deal flow has gone to one or more institutional investors would be most welcome. It would mean that there really has been some deal flow, and it's just a matter of adjusting the institutional/retail proportions for us to see some sign of activity. On the other hand, if the statement says there has been little or no recent institutional involvement, and that the deal flow we're seeing is all that there has been... Perhaps @andrewholgatewould care to let us know what's happening. Wouldn't surprise me in the least if the institutional investor(s) were taking the cream or is it the deal flow as they are a demanding bunch. AC must have been aware of what was on the horizon several weeks ago otherwise they wouldn't have made their 'prediction'. There are opportunities available 'any time soon' but not really anything that excites me personally. So it may be decision time soon in my case as to the next move.
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bigfoot12
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Post by bigfoot12 on May 6, 2015 15:35:56 GMT
I do wonder if loans are going to the institutional investor.
Deal flow certainly has been dire at the retail end of things since December. I'd planned to increase investment level but instead struggling to keep invested at same level as loans repay.
AltFi is showing AC as £16.1m year to date. From memory I had loans drawn so far this year at about £5.5m so it looks as though there must something else going on. EDIT £5.7m might be closer. FURTHER EDIT: started new thread p2pindependentforum.com/post/47249/thread
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bg
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Post by bg on May 6, 2015 16:07:51 GMT
#169 Stockport Lend to Let now drawn
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