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Post by GSV3MIaC on Dec 16, 2016 15:29:52 GMT
/mod hat off
Better change the thread title to 'ForthGOING' then? I was never going to play at that valuation .. well, OK, maybe at 49% APR.
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am
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Post by am on Dec 16, 2016 16:21:58 GMT
/mod hat off Better change the thread title to 'ForthGOING' then? I was never going to play at that valuation .. well, OK, maybe at 49% APR. How does the valuation and loan size compare to the loan proposed here?
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SteveT
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Post by SteveT on Dec 16, 2016 16:29:21 GMT
IIRC, valuation was the same, loan fractionally smaller, possibly indicating a slightly lower rate for the borrower.
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twoheads
Member of DD Central
Programming
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Post by twoheads on Dec 16, 2016 16:36:41 GMT
I've not much invested in Brum This looked quite attractive to some But SS got wary Their DD too scary Now what's in the pipeline to come?
...I'm supposed to be giving up... ...must go back on the tablets...
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seeingred
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Post by seeingred on Dec 16, 2016 16:44:22 GMT
If you look back at my post in October I drew attention to some figures in section 13.4 of the pdf valuation report undertaken for SS as follows:
If you look at the calculations of value /squ ft, for 21 *** Road (section 13.4 of the valuation report) the square foot value used is 6340. This exact same figure is used for 5 *** Road, maybe why the division sum for number 5 doesn't produce the stated result. It is probably just a typo. A few other figures don't quite add up (or divide) either.
Exactly the same data (and error?) are used in the valuation report prepared for BC and dated 4 November - and again it's in section 13.4 of this report. Looks like copy and paste??......
Might have been the same valuers - I didn't download the report prepared for SS - the valuers refer to an inspection on 24 August 2016, so that on 4 November was an update.
There is more data than I recall was in the SS report - including:
xxxxx was sold in October 2016 for £1,375,000. The site comprises a dilapidated house and in need of complete redevelopment. The site, however, extends to approximately 1.20 acres. (This was a nearby road. I'm guessing anyone can read the full report on the BC website if they wish.)
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