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Post by supernumerary on Nov 14, 2016 11:39:40 GMT
From the loan update... Congratulations SS  Just.... please don't let it defult. We don't want the "Worlds largest P2P loan default"DUDE, with DFL004 loan being £8,833,536, why does that not count as the largest P2P loan on the Saving Stream platform? BTW, I know you don't work for Saving Stream...  Neither do I... 
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853 
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Post by cooling_dude on Nov 14, 2016 11:43:58 GMT
From the loan update... Congratulations SS Just.... please don't let it defult. We don't want the "Worlds largest P2P loan default"DUDE, with DFL004 loan being £8,833,536, why does that not count as the largest P2P loan on the Saving Stream platform? BTW, I know you don't work for Saving Stream... Neither do I... I guess that it is because it is a DFL... Maybe SS mean in one lump sum. Here you go SS; I'm fairly confident you can use the following...
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Carter
Member of DD Central
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Post by Carter on Nov 14, 2016 12:29:51 GMT
The update did make me chuckle though, I imagined a few people around the keyboard deciding on the wording for the updates; "hmm, what shall we put for this one"
"not sure, it was big wasn't it, really big, maybe the biggest in the world"
"Great, I'll put that in and we'll check it later"
:-D :-D :-D
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dan83
Posts: 243
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Post by dan83 on Jan 10, 2017 12:19:35 GMT
Any one know any updates on this?
Did they get approval for the enhancements they wanted? I've had a quick look on a nationwide property website and it's not yet up for sale, or rent.
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
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Post by cooling_dude on Jan 10, 2017 12:25:54 GMT
Any one know any updates on this? Did they get approval for the enhancements they wanted? I've had a quick look on a nationwide property website and it's not yet up for sale, or rent. The most recent SS update being "No change" looks to be accurate No new PP submitted as of yet, and nothing listed online Long way to go for this loan (287 days) 
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dan83
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Post by dan83 on Jan 10, 2017 17:24:33 GMT
That's 78 days of doing nothing, they must of bought it, locked the gates and walked/drove away.
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fp
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Post by fp on Jan 10, 2017 17:36:14 GMT
The property is being marketed as "t** s**d" and I would imagine for the kind of rental which its likely to command, it will be done to Customer spec, you wont be seeing much getting done until they have a punter on the hook.... IMO.
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dan83
Posts: 243
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Post by dan83 on Jan 10, 2017 17:54:06 GMT
Yeah, that kinda makes sense. Just googled the new name T** S*** and got some new info.
Is it ok to post internet links on here?
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star dust
Member of DD Central
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Post by star dust on Jan 10, 2017 18:01:32 GMT
Is it ok to post internet links on here? Not if they include the name/ address of the property on which the loan is secured, or the name of the borrower/s, or any information that would easily identify those, otherwise they're generally ok .
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Carter
Member of DD Central
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Post by Carter on Feb 4, 2017 13:06:46 GMT
"All indications are that this loan should be repaid relatively soon. A sale has been agreed and is now going into legals"
From this weeks update in case you missed it. A long term and sizeable loan being repaid early.
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jcb208
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Post by jcb208 on Feb 4, 2017 13:18:02 GMT
Would of liked this loan to go near to term as I have a fair amount invested in it, cant see us getting any more 12% decent offerings any time soon so will hope it drags out a bit longer
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
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Post by cooling_dude on Feb 4, 2017 13:26:40 GMT
Would of liked this loan to go near to term as I have a fair amount invested in it, cant see us getting any more 12% decent offerings any time soon so will hope it drags out a bit longer I wouldn't worry; SS timeframes aren't known for their accuracy. Relatively soon could mean anywhere between tomorrow & 2019...
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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 Feb 4, 2017 13:50:44 GMT
"All indications are that this loan should be repaid relatively soon. A sale has been agreed and is now going into legals" From this weeks update in case you missed it. A long term and sizeable loan being repaid early. The only indication I pay any attention to is when my head feels lighter and wallet heavier. There are many indications in SS updates, not all off them are realistic or providing the full picture. Indications are that PBL6 has been recieving funds & selling his house for about 2 years, PBL40 isnt in administration and nothing has changed on PBL102 since launch (till today) even though it is beyond term
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lobster
Member of DD Central
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Post by lobster on Feb 5, 2017 11:38:45 GMT
"All indications are that this loan should be repaid relatively soon. A sale has been agreed and is now going into legals"
Since the above update, there seem to have been a few sellers of this loan (in relative terms at least according to the activity tab), and in all honesty I just can't understand why ? Am I missing something ?
As I see it there are basically 2 possibilities :
1. The announcement is correct, and the loan will be paid off in full "relatively soon".
or
2. The announcement is incorrect, in which case we have a juicy looking 12% loan with a chunky 261 days still to run.
Either way, what's not to like ??
I'm assuming that investors believe that it will indeed be paid off soon, and are wanting to reposition themselves into other loans. Personally , I'm not at all sure about the wisdom of that. IMO , this loan and a couple of Student Accommodation loans are the best on the entire platform at the moment.
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
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Post by cooling_dude on Feb 5, 2017 11:55:49 GMT
"All indications are that this loan should be repaid relatively soon. A sale has been agreed and is now going into legals"Since the above update, there seem to have been a few sellers of this loan (in relative terms at least according to the activity tab), and in all honesty I just can't understand why ? Am I missing something ? As I see it there are basically 2 possibilities : 1. The announcement is correct, and the loan will be paid off in full "relatively soon". or2. The announcement is incorrect, in which case we have a juicy looking 12% loan with a chunky 261 days still to run. Either way, what's not to like ?? I'm assuming that investors believe that it will indeed be paid off soon, and are wanting to reposition themselves into other loans. Personally , I'm not at all sure about the wisdom of that. IMO , this loan and a couple of Student Accommodation loans are the best on the entire platform at the moment. Massive loan, and likely to be most investors largest holdings as there was 100% allocation. As such, when moving money or diversifying via the SM it will be the go to loan to sell. I think the update has little to do with it.
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