am
Posts: 1,495
Likes: 601
|
Post by am on Oct 12, 2016 18:04:51 GMT
Latest A+ property development (Hazel Grove) is at 9% - no obvious reason why this should be at a higher rate than others so perhaps we can hope that this is a harbinger of higher rates on property loans in general.
|
|
blender
Member of DD Central
Posts: 5,719
Likes: 4,272
|
Post by blender on Oct 13, 2016 9:25:43 GMT
I think property rates will increase. He***n refinance 2 (my name) is running as a partial loan, He 1 has been repaid but there are nine more to be refinanced. Property is generally riskier after Brexit and I think (hope) that we may see FC take property rates up where they can. The trouble for them with cash back is that it does not improve the loan book performance, but we can hope for this on He.
|
|
fp
Posts: 1,008
Likes: 853
|
Post by fp on Oct 13, 2016 21:03:10 GMT
I noticed one at 11% on the SM earlier, I didn't look at it, but i'm guessing that is a refinance loan on one of the lingering overdue loans?
|
|