mikes1531
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Post by mikes1531 on May 6, 2015 18:50:36 GMT
#169 Stockport Lend to Let now drawn And 78% of it is looking for a new home. With 6.5% interest, I'm not surprised. I wonder how long it will be before all that is taken up?
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bg
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Post by bg on May 7, 2015 6:13:54 GMT
#169 Stockport Lend to Let now drawn And 78% of it is looking for a new home. With 6.5% interest, I'm not surprised. I wonder how long it will be before all that is taken up? Not too long I would imagine....
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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 7, 2015 8:35:58 GMT
#164 St****br**** Dev has apparently called in UW funds ready for drawdown. Might be delayed till next week as funds are proving slow to arrive. Wonder if thats cos theyre all stuck in previous slow selling/drawing down loans, which would explain the random marketing email about Kiddy yesterday, Impact on UW is another potential issue arising from lack of deal flow to attract new money. Still, for once, its a delay I dont mind as its 17% interest while you wait  |
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bugs4me
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Post by bugs4me on May 7, 2015 9:06:07 GMT
#164 St****br**** Dev has apparently called in UW funds ready for drawdown. Might be delayed till next week as funds are proving slow to arrive. Wonder if thats cos theyre all stuck in previous slow selling/drawing down loans, which would explain the random marketing email about Kiddy yesterday, Impact on UW is another potential issue arising from lack of deal flow to attract new money. Still, for once, its a delay I dont mind as its 17% interest while you wait It can be delayed for another few months - in fact make that a year!!!! PS - that e-mail for 10% didn't exactly excite me
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hendragon
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Post by hendragon on May 7, 2015 9:28:12 GMT
#164 St****br**** Dev has apparently called in UW funds ready for drawdown. Might be delayed till next week as funds are proving slow to arrive. Wonder if thats cos theyre all stuck in previous slow selling/drawing down loans, which would explain the random marketing email about Kiddy yesterday, Impact on UW is another potential issue arising from lack of deal flow to attract new money. Still, for once, its a delay I dont mind as its 17% interest while you wait It can be delayed for another few months - in fact make that a year!!!! PS - that e-mail for 10% didn't exactly excite me The loans that have little liquidity ie 107-109,117, and I would suggest that 154 &169 may be the same, are the problems not the deal flow. New loans would mean simply that investors would invest in the new loans not the ones that are stuck. Unless AC can offer some incentive to buy some of these loans at below par I would not go near them. The automated system will not allow for this. The questions then arises that if the current u/ws have capital tied up in these loans where will the extra loan capital AC needs come from? I would also ask would the willingness of the u/ws to invest in a loan be determined in part by its future liquidity?
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sqh
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Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
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Post by sqh on May 7, 2015 13:21:26 GMT
It can be delayed for another few months - in fact make that a year!!!! PS - that e-mail for 10% didn't exactly excite me The loans that have little liquidity ie 107-109,117, and I would suggest that 154 &169 may be the same, are the problems not the deal flow. New loans would mean simply that investors would invest in the new loans not the ones that are stuck. Unless AC can offer some incentive to buy some of these loans at below par I would not go near them. The automated system will not allow for this. The questions then arises that if the current u/ws have capital tied up in these loans where will the extra loan capital AC needs come from? I would also ask would the willingness of the u/ws to invest in a loan be determined in part by its future liquidity? Totally agree, and I suspect there are two other factors as well; U/w's wanting to limit their exposure to new loans after seeing how quickly loan#146 went wrong, even if they weren't exposed. U/w's wanting to remain diversified in some liquid loans. I noticed that the last available £150k of loan# 160 went instantly, presumably to an u/w. Somewhat annoying when at the same time AC stopped me selling out of loan#101 to fund loan#160.
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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 8, 2015 12:20:30 GMT
.#162 W Mid CH & #164 S****br***** Dev both expected to drawdown today.
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bigfoot12
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Post by bigfoot12 on May 8, 2015 13:03:32 GMT
.#162 W Mid CH & #164 S****br***** Dev both expected to drawdown today. #164 S****br***** Dev has drawn.
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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 12, 2015 9:19:59 GMT
#162 West Mids CH has now drawndown
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duck
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Post by duck on May 12, 2015 9:34:55 GMT
#162 West Mids CH has now drawndown The repayment schedule needs a bit of tweaking, it currently shows all repayments to be made today with drawdown yesterday.....
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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 12, 2015 9:49:05 GMT
#162 West Mids CH has now drawndown The repayment schedule needs a bit of tweaking, it currently shows all repayments to be made today with drawdown yesterday..... Ooops, theyve probably typed in todays date rather than today 2018. Hopefully an easy fix but...! Drawdown was backdated at DR request so thats right.
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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 13, 2015 17:04:12 GMT
Upcoming loans seem to have acquired a 'projected drawdown' column. Bad news is most of them show a blank & no sign of AH's other two suggested drawdowns this week!
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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 14, 2015 12:05:03 GMT
Andrew's two potential drawdowns for this week have now been delayed for another fornight.  Ill get my stick  |
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Post by oldnick on May 14, 2015 13:24:06 GMT
Andrew's two potential drawdowns for this week have now been delayed for another fornight. Ill get my stick Better not to rush the 'plumbing', don't want another leakage of capital do we.
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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 20, 2015 12:57:16 GMT
Funds called on
#171 B****** Dev - drawdown either today tomorrow
#163 P**** Pro - drawdown Friday at latest
Not confirmed but
#166 FC Dev Ltd due by end of week
Edit crossed with stevet on other thread
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Ill get my stick 
