SteveT
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Post by SteveT on Oct 27, 2016 8:51:06 GMT
I've added a poll to this thread to gauge the relative interest between PBL145 at 10% and PBL144 at 9%
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ablender
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Post by ablender on Oct 27, 2016 11:17:54 GMT
interesting that 800+ investors cf 1800-2100 that usually invest. I think with the huge amount on the SM may distort numbers. The next one at 10% in scotland will give us a better idea of the actual numbers willing to take positions at lower percentages Guys do you get 9.9996% on your systems? Why not straight 10%? Should this loan be a PBL or DFL? I understand that it is going to be developed.
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Post by bonfemme on Oct 27, 2016 11:31:05 GMT
interesting that 800+ investors cf 1800-2100 that usually invest. I think with the huge amount on the SM may distort numbers. The next one at 10% in scotland will give us a better idea of the actual numbers willing to take positions at lower percentages Guys do you get 9.9996% on your systems? Why not straight 10%? Should this loan be a PBL or DFL? I understand that it is going to be developed. It's 9.9996 on my screen. V. strange.
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ablender
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Post by ablender on Oct 27, 2016 11:39:41 GMT
Guys do you get 9.9996% on your systems? Why not straight 10%? Should this loan be a PBL or DFL? I understand that it is going to be developed. It's 9.9996 on my screen. V. strange. is 9.9996% intentional or a computer glitch? ie 9.9996% or 10%
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Post by supernumerary on Oct 27, 2016 11:51:26 GMT
It's 9.9996 on my screen. V. strange. is 9.9996% intentional or a computer glitch? ie 9.9996% or 10% PBL145 - 9.99996% MAY be a wind up! 
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adrianc
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Post by adrianc on Oct 27, 2016 11:56:39 GMT
I think we might be getting an insight into the workings of SS's systems, with specific reference to decimal places...
9.9996% per annum is 0.8333% per month.
10.0% per annum is 0.833(recurring)% per month.
I did suggest it might not be a coincidence that the first was 9%, which is 0.75%/mo...
Coming soon - 10.5%/pa? (0.875%/mo)
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SteveT
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Post by SteveT on Oct 27, 2016 11:59:54 GMT
(Mod hat on)
Creating new thread to relocate posts from another thread
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sam i am
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Post by sam i am on Oct 27, 2016 12:07:46 GMT
savingstream is 9.9996% intentional or a computer glitch? ie 9.9996% or 10% PBL145 - 9.99996% MAY be a wind up! I suspect that this field is a calculated figure based on a monthly interest rate. The monthly rate is 0.8333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333333 etc. But SS have entered 0.8333 which when multiplied by 12 becomes 9.9996. The documents make it clear that it is 10%.
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lofty
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Post by lofty on Oct 27, 2016 12:56:09 GMT
The picture of this loan already has a big red box in the middle. Not a good sign |
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SteveT
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Post by SteveT on Oct 27, 2016 13:15:29 GMT
Poll now added at the top of the thread.
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Post by jackpease on Oct 27, 2016 13:20:48 GMT
Guys do you get 9.9996% on your systems? Why not straight 10%? 9.99999996% stands out brilliantly, who needs bold! Jack P
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jamesc
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Post by jamesc on Oct 27, 2016 13:27:03 GMT
I wonder with more and more loans with sub 12% rates in a few months will it mean that people will hold on to the older but 12% loans longer than they used too ?
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ablender
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Post by ablender on Oct 27, 2016 13:28:12 GMT
Are you sure of you calculations? I had a suspicion that AC had invested in SS. |
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elliotn
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Post by elliotn on Oct 27, 2016 14:23:58 GMT
I don't see this as c20% less risky than the long dated student accomodation that I already hold at 12% and are well into development. Another 0 for me, thank you 'prefund pipeline loans' button  . |
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am
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Post by am on Oct 27, 2016 14:43:27 GMT
I've found the planning appeal. (Google the planning application number from the valuation, and select the Edinburgh link.) The conditions imposed are (summarised)
1) They have to convince the council that railway noise (10 trains per hour) with the building will be within acceptable levels.
2) The council has to approve the floor plans.
3) A travel plan has to be submitted before the building is occupied, and implemented within 6 months of completion. (I think this entails linking the site into existing footpath/cyclepath and public transport networks.
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