am
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Post by am on Apr 21, 2017 19:13:21 GMT
Any updates on this? Does anyone live close? What's happening at the site? Is anything happening? I had a glance at the site today. (I hope it was the right site.) There's an L-shaped trench filled with rubble, which I assume represents ground preparation. Someone with construction experience may be able to explain what the purpose of this is. There were people working on the site, but all that they were doing was ground preparation. (There are no old buildings on the site, but I don't think there were any when they started either.)
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twoheads
Member of DD Central
Programming
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Post by twoheads on May 16, 2017 17:57:19 GMT
Mini tranche just added to DFL007:
Loan increased by £22,575 from £354,581 to £377,156. Lendy quoted LTV from 22% to 23%.
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Post by GSV3MIaC on Jun 30, 2017 16:46:32 GMT
Is it just me that wishes there was some rhyme or reason to whether new tranches get pipelined as such, or just stuffed onto the SM as a small addition? I thought it might have something to do with the absolute size thereof, but it it does I can't figure out what the cut-off value is. Or maybe it depends on how much is already on the SM. Or the wind speed in the channel??
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star dust
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Post by star dust on Jun 30, 2017 17:07:22 GMT
Well it used to be anything under £100k went straight onto the SM, but it's a sign of the times here I think if they feel they have to put a £30k trache of an already small loan into the pre-fund system.
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SteveT
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Post by SteveT on Jun 30, 2017 17:07:42 GMT
Is it just me that wishes there was some rhyme or reason to whether new tranches get pipelined as such, or just stuffed onto the SM as a small addition? I thought it might have something to do with the absolute size thereof, but it it does I can't figure out what the cut-off value is. Or maybe it depends on how much is already on the SM. Or the wind speed in the channel?? £100k was the figure originally advised
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Post by GSV3MIaC on Jun 30, 2017 18:13:36 GMT
I thought I remembered £100k too .. but that doesn't match what actually happens (of course we have seen 'say A do B' many times before)
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am
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Post by am on Jun 30, 2017 20:24:26 GMT
A promise to put all tranches greater than £100k on the pipeline is not the same as a promise not to put any tranches less than £100k on the pipeline.
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GeorgeT
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Post by GeorgeT on Jul 3, 2017 19:14:53 GMT
This loan remains very liquid so I have set a prefund of £100. Wonder what we will get? £25?!?
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toffeeboy
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Post by toffeeboy on Jul 4, 2017 11:19:17 GMT
This loan remains very liquid so I have set a prefund of £100. Wonder what we will get? £25?!? Got £40.00, £929.00 got added to the secondary market
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r1200gs
Member of DD Central
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Post by r1200gs on Jul 4, 2017 11:28:02 GMT
Oh gawd! Entire pipeline prefunded yet again! No way did I do that. 
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Post by nickdavies on Jul 4, 2017 11:32:21 GMT
This loan remains very liquid so I have set a prefund of £100. Wonder what we will get? £25?!? £40 I got
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james21
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Post by james21 on Jul 4, 2017 11:36:31 GMT
This loan remains very liquid so I have set a prefund of £100. Wonder what we will get? £25?!? £40 I got Got 10% ie £40 of what I bid: joke
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elliotn
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Post by elliotn on Jul 4, 2017 12:03:35 GMT
Over subscription is at least more positive than development loans left unfunded. Now this one has kicked off in earnest there will be further tranches to follow.
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twoheads
Member of DD Central
Programming
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Post by twoheads on Jul 4, 2017 12:40:32 GMT
Got 10% ie £40 of what I bid: joke On a positive note, you didn't have to put £40 or £400 or anything whatsoever into your account to get that allocation. And there was just over £2k of left-overs dumped on the SM which took around five to ten minutes to be devoured (the last five transactions currently on the investor activity at this time).
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GeorgeT
Member of DD Central
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Post by GeorgeT on Jul 4, 2017 15:25:19 GMT
I'm not knocking my £40. Every little helps. And with about 200 days to run, that will amount to a mighty £2.63 interest if I hold my nerve till term end.
So the tap water's on me at the next P2P Forum party (but remember to bring your own glasses as the budget won't stretch to plastic beakers).
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