am
Posts: 1,495 
Likes: 601
|
Post by am on Oct 17, 2016 21:08:54 GMT
I don't know how a lawyer would express it, but from a layman's viewpoint there isn't a difference between can't be sold with a charge outstanding and a charge must be satisfied during the sale completion process - providing the layman makes a distinction between offered for sale and sold. During the saga of the Newquay loans at FC I seem to recall reading a comment about FC having to release charges for the sales of units to go ahead.
|
|
dan83
Posts: 243
Likes: 84
|
Post by dan83 on Oct 18, 2016 13:56:24 GMT
So do you think will still go live today?
|
|
cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
|
Post by cooling_dude on Oct 18, 2016 14:00:31 GMT
So do you think will still go live today? No reason why it won't; the auction question has been answered so I'm guessing the borrower needs the funds!
|
|
cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
|
Post by cooling_dude on Oct 18, 2016 14:26:44 GMT
Just gone live...
£125 allocation
2276 Investors @ Live
|
|
adrianc
Member of DD Central
Posts: 10,022
Likes: 5,148
|
Post by adrianc on Oct 18, 2016 14:55:45 GMT
...and 455 days. January 2018.
Is this the first longer-than-a-year loan?
|
|
cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
|
Post by cooling_dude on Oct 18, 2016 14:58:41 GMT
...and 455 days. January 2018. Is this the first longer-than-a-year loan? No loan SS have offered has had a term more than 365days... ...been a couple of extensions along the way.... 
|
|
guff
Posts: 730
Likes: 707
|
Post by guff on Oct 18, 2016 15:04:11 GMT
...and 455 days. January 2018. Is this the first longer-than-a-year loan? No loan SS have offered has had a term more than 365days... ...been a couple of extensions along the way.... Are there 455 days in a SSleep year?
|
|
adrianc
Member of DD Central
Posts: 10,022
Likes: 5,148
|
Post by adrianc on Oct 18, 2016 15:04:33 GMT
...and 455 days. January 2018. Is this the first longer-than-a-year loan? No loan SS have offered has had a term more than 365days... So we've got more new ground being (quietly) broken. <looks shocked> Surely not!
|
|
dan83
Posts: 243
Likes: 84
|
Post by dan83 on Oct 18, 2016 15:14:18 GMT
I wanted this loan due to the long loan term, shame we got so little. With it being a small loan I didn't expect a big chunk but expected more then £125.
|
|
pom
Member of DD Central
Posts: 1,922 
Likes: 1,244
|
Post by pom on Oct 18, 2016 16:27:06 GMT
I wanted this loan due to the long loan term, shame we got so little. With it being a small loan I didn't expect a big chunk but expected more then £125. It's only the first tranche, there's sure to be a lot more soon (ish)
|
|
mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
|
Post by mikes1531 on Oct 18, 2016 22:07:46 GMT
Just gone live... £125 allocation 2276 Investors @ Live If I've done the maths correctly, I think that means there were between 257 and 593 investors who pre-funded £100, and the rest pre-funded more than that. And that something between £8 and £8,408 was released to the SM for the FFF frenzy. The above presumes that nobody -- SS/Lendy directors, backers and staff included -- is given an allocation greater than what we investors are given.
|
|
Liz
Member of DD Central
Posts: 2,426
Likes: 1,297
|
Post by Liz on Oct 18, 2016 22:44:38 GMT
Just gone live... £125 allocation 2276 Investors @ Live If I've done the maths correctly, I think that means there were between 257 and 593 investors who pre-funded £100, and the rest pre-funded more than that. And that something between £8 and £8,408 was released to the SM for the FFF frenzy. The above presumes that nobody -- SS/Lendy directors, backers and staff included -- is given an allocation greater than what we investors are given. You synic!
|
|
mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
|
Post by mikes1531 on Oct 19, 2016 2:12:19 GMT
The above presumes that nobody -- SS/Lendy directors, backers and staff included -- is given an allocation greater than what we investors are given. You synic! : I'm afraid there's more to my comment than just cynicism. AIUI, someone asked SS directly to confirm that nobody was privileged enough to be given better allocations than SS's retail investors. SS failed to respond to that question. (It was asked over two weeks ago.) From that, the questioner concluded SS directors and staff etc. are not subject to bottom-up allocations like the rest of us are. Having learned about that question and SS's non-answer, I'm having difficulty avoiding the same conclusion.
|
|
adrianc
Member of DD Central
Posts: 10,022
Likes: 5,148
|
Post by adrianc on Oct 19, 2016 6:39:38 GMT
Liz : I'm afraid there's more to my comment than just cynicism. AIUI, someone asked SS directly to confirm that nobody was privileged enough to be given better allocations than SS's retail investors. SS failed to respond to that question. (It was asked over two weeks ago.) From that, the questioner concluded SS directors and staff etc. are not subject to bottom-up allocations like the rest of us are. Having learned about that question and SS's non-answer, I'm having difficulty avoiding the same conclusion. Meanwhile, SS answer every other question promptly and in full...
|
|
dan83
Posts: 243
Likes: 84
|
Post by dan83 on Dec 28, 2016 20:01:19 GMT
Any updates on this? Does anyone live close? What's happening at the site? Is anything happening?
|
|
