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Post by df on Jul 13, 2017 18:54:09 GMT
I might be wrong, but I recall the queue was around £200+ at the beginning of June. I've got too much in this loan and wanted to sell 75% of my holding, but decided against it because of the queue. I should have done what you did  Similarly been caught with an above average holding, and while I would prefer to reduced purely to get below 5% of my portfolio, I prefer to hold and not lose the interest, especially as I have this as marked as one of the lower risk loans available and I am happy to hold to term. It is 8% of my SS portfolio, far too much, but it looks like this one is likely to complete and repay. I will hold to term and hope for the best.
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moist
Member of DD Central
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Post by moist on Jul 25, 2017 14:32:02 GMT
listed on ebay!
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Post by d_saver on Jul 26, 2017 10:36:58 GMT
For some reason, timmy's photos are giving me vertigo today...
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r1200gs
Member of DD Central
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Post by r1200gs on Jul 27, 2017 10:35:19 GMT
So much of this on the SM and a new tranche today. We know that large loans tend to feature on the SM a lot anyway as people get their allocation and worry about liquidity, but this seems a lot to me. Something I'm missing? Not like that ever happened before....  |
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guff
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Post by guff on Jul 27, 2017 21:33:18 GMT
So much of this on the SM and a new tranche today. We know that large loans tend to feature on the SM a lot anyway as people get their allocation and worry about liquidity, but this seems a lot to me. Something I'm missing? Not like that ever happened before.... It's just over 7% of the total loan, so not a lot different to many others and by no means the highest percentage.
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Post by 2wolfbag2 on Jul 30, 2017 20:49:14 GMT
Conspiracy Theory or SUBTERFUGE ! OK so I looked at the Video on build progression - the one with the project manager T**** B***** - its easy enough to find and it's clearly signposted from the update page It's kinda nice to see the happy northern chappy project manager giving us an open and honest update about the work progressing on site -- what really bugs me is the blue shirt he is wearing -- at the beginning of the video you will notice his hi-vis jacket obscures the chest pocket - it looks quite awkward and untidy - but I figured - he's a nice enough guy - lets see what he says - what is disturbing though is like two and a half minutes into the video, when he chats about the installation of the swimming pool - the hi-vis has moved and there's a logo now visible - correct me if i am wrong but I think it says "Subterfuge" - a little later in the video the Hi-Vis again conceals this logo - in my opinion this concealment is deliberate. Now whilst I'm not one to spread rumours I had to look up a dictionary definition and found the following :- subterfuge noun deceit used in order to achieve one's goal. synonyms: trickery, intrigue, deviousness, evasion, deceit, deception, dishonesty, cheating, duplicity, guile, cunning, craft, craftiness, slyness, chicanery, bluff, pretence, fraud, fraudulence, sophistry, sharp practice; It kinda leaves me to question - am I being taken for a mug  or am I reading too much into this - will I sleep tonight - am I in or am I out (Do hope I don't get the PM into trouble)
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Post by 2wolfbag2 on Jul 31, 2017 9:28:28 GMT
Seriously tho . . . .
I do think it's quite quaint and refreshing that (presumably) quite large companies are engaging their customers (and investors) in this way - the PM (you gotta like him) is obviously not totally at ease with the situation that he has been placed in and therefore (imho) in a far better position to settle the nerves with a progress report rather than some slick and oily professional towing the party line
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twoheads
Member of DD Central
Programming
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Post by twoheads on Aug 7, 2017 11:56:33 GMT
Tranche 12 now live. The full tranche amount of £140,327 was added to the loan. Allocation was at least £10k.
Simultaneously, the SM value dropped by £100k.
Was excess prefunding directed at reducing the SM value?
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Post by d_saver on Aug 7, 2017 12:21:05 GMT
Tranche 12 now live. The full tranche amount of £140,327 was added to the loan. Allocation was at least £10k.
Simultaneously, the SM value dropped by £100k.
Was excess prefunding directed at reducing the SM value? I'm not sure they have been diverting excess funding into the SM (because I suspect that would not be allowed), but I am beginning to suspect that unfilled parts of tranches are being 'recycled'. I.e. 100k left on SM from old tranche is bundled into new tranche. This gets it off the SM via the pre-funds, when it's otherwise stuck at the back of the queue. Glad to see the SM clearing up, but not sure if this is totally honest (if indeed it is happening).
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star dust
Member of DD Central
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Post by star dust on Aug 9, 2017 21:22:36 GMT
Like the approach to redaction Please turn me over - perhaps we should be swapping stars for sheep  |
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adrianc
Member of DD Central
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Post by adrianc on Aug 10, 2017 16:14:09 GMT
Like the approach to redaction Please turn me over - perhaps we should be swapping stars for sheep Nothing'd ever get posted - you start typing, you realise you need to redact, you start counting the sheezzzzzzzzz...
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guff
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Post by guff on Aug 10, 2017 16:22:26 GMT
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Post by justdabbling on Aug 15, 2017 17:43:42 GMT
I have been sent an email advertising these apartments for sale; here is a cut and paste of part of it:
4 Months Until Completion
The apartments at H********** Quay are high-end residential properties based in the city voted as the UK's Buy-To-Let Hotspot. The development has a highly-experienced onsite lettings and facilities management company for the ultimate hands-off property investment.
Investment Highlights
6% Net Return
2 Years Rental Assurance
Over 15% Expected Capital Growth
Only 25% Exchange Deposit
Spectacular waterfront & city centre views
Prices from: £129,000
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dp
Member of DD Central
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Post by dp on Aug 16, 2017 10:56:36 GMT
Am I right to presume that of the Tranche 1 - 3.5m and Build costs 6.3m = 9.8m
9.2M already lent so there will be further tranches up to the total 9.8m - Leaving roughly 0.6k worth of tranches.
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SteveT
Member of DD Central
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Post by SteveT on Aug 16, 2017 18:05:35 GMT
Fairly steady SM demand for this one. The real "queue" almost disappeared earlier and is still only £15k or so; the rest is Lendy's holding, which may well disappear too tomorrow if it's added into the small new tranche to help fill pre-fund requests.
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or am I reading too much into this - will I sleep tonight - am I in or am I out
