cooling_dude
Bye Bye's for the PPI
Posts: 2,853 
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Post by cooling_dude on Nov 23, 2016 11:31:25 GMT
Just gone live...
Allocation - £2,800.00
Investors @ Live - 1939
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mikes1531
Member of DD Central
Posts: 6,453
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Post by mikes1531 on Nov 23, 2016 17:22:42 GMT
Just gone live... Allocation - £2,800.00 Investors @ Live - 1939 That's a lot larger maximum allocation than I was expecting, especially as it's an endangered species (12%) loan. Either people are concerned that it's significantly overvalued, or they're going off the idea of SS investing. I wonder how the total pre-funding compared with other 12% loans.
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SteveT
Member of DD Central
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Post by SteveT on Nov 23, 2016 17:30:33 GMT
I like the new lower interest rates. Their effect is that most people have set their default pre-funding back to zero to avoid getting stuck with them. So when a decent new 12% loan appears, many forget to set a specific target and there's more for the rest of us.
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pom
Member of DD Central
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Post by pom on Nov 23, 2016 17:45:25 GMT
I like the new lower interest rates. Their effect is that most people have set their default pre-funding back to zero to avoid getting stuck with them. So when a decent new 12% loan appears, many forget to set a specific target and there's more for the rest of us. And yet there was a very decent number of investors at go live, possibly suggesting a more complex reason...
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mikeh
Member of DD Central
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Post by mikeh on Nov 23, 2016 18:02:47 GMT
Maybe people have at last realised that bidding more than you want is now pointless. 2000 x average of £800 sounds about right.
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bloodycat
Member of DD Central
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Post by bloodycat on Nov 23, 2016 19:56:54 GMT
I only went for a small chunk, partly because of being wary of overpriced residential property, but mainly because until some of the imminent/overdue loans repay I don't want to stick much more cash in.
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Jeepers
Member of DD Central
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Post by Jeepers on Feb 20, 2017 13:52:07 GMT
A search on rightmove shows this property has sold yet the latest update says 'no change'. More accurate updates please savingstream. |
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elliotn
Member of DD Central
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Post by elliotn on Feb 20, 2017 15:13:17 GMT
{O/T the 2nd best thread title (jmho) edit - how remiss, tied with MTs post-modular architect!  } |
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Brainer
Member of DD Central
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Post by Brainer on Apr 25, 2017 14:48:44 GMT
Just doing some research on this loan and found it was listed Zoopla on 20th April 2017 with a guide price of 2.65M - apparently already sold STC. Borrower's initial plan was to use the house as "his company's Northern base", and updates suggest he is working on refinancing. Changed his mind or am I missing something?
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fp
Posts: 1,008
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Post by fp on Jul 20, 2017 11:26:02 GMT
There's a big house in an auction today, guide price £1.6m - £1.8m..... not bad considering the 90 day valuation of £2.1m!
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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
Posts: 11,330
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Post by ilmoro on Jul 20, 2017 11:33:44 GMT
There's a big house in an auction today, guide price £1.6m - £1.8m..... not bad considering the 90 day valuation of £2.1m! Must be a last minute entry as Im sure Lendy would have told us this was the option their receivers had chosen.
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fp
Posts: 1,008
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Post by fp on Jul 20, 2017 11:36:14 GMT
There's a big house in an auction today, guide price £1.6m - £1.8m..... not bad considering the 90 day valuation of £2.1m! Must be a last minute entry as Im sure Lendy would have told us this was the option their receivers had chosen. it looks like it is, its an "A" lot
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r1200gs
Member of DD Central
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Post by r1200gs on Jul 20, 2017 11:59:16 GMT
Can someone give dopey a clue where to find this?
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Post by peerlessperil on Jul 20, 2017 11:59:22 GMT
Full details are on one of the major property websites.
Interesting to note there is a 12 month AST in place that started in June 2017 at £1000/month, which is a sub 1% yield.
Very helpful....!
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r1200gs
Member of DD Central
Posts: 1,336
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Post by r1200gs on Jul 20, 2017 12:14:00 GMT
Full details are on one of the major property websites. Interesting to note there is a 12 month AST in place that started in June 2017 at £1000/month, which is a sub 1% yield. Very helpful....! Yes, what the heck is that all about? That's a £10,000 a month house if anything, certainly not a £1000! Why would they let it at about a 10th of the market rent on a 12 month AST? Somethings smells.
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