mary
Member of DD Central
Posts: 698 
Likes: 711
|
Post by mary on Oct 30, 2018 15:32:38 GMT
"Terms in relation to a refinance of the loan" were provided over 6 months ago. I'm hoping that there is a more substantive update this month than that the refinance is "continuing" Unlikely, similar to PLB103, continual “re-finance in the works” but nothing ever comes of it and Lendy fail to enforce the security. Obviously, this is no where near as overdue as some, at just under 1 year over term. Current record stands at 777 days past due, that diminishes your returns a lot!
|
|
garfield
Member of DD Central
Posts: 490
Likes: 268
|
Post by garfield on Oct 30, 2018 16:08:39 GMT
Obviously, this is no where near as overdue as some, at just under 1 year over term. Current record stands at 777 days past due, that diminishes your returns a lot! PBL081 is not yet fully repaid and is 795 days overdue!!
|
|
mary
Member of DD Central
Posts: 698
Likes: 711
|
Post by mary on Oct 30, 2018 16:49:24 GMT
Obviously, this is no where near as overdue as some, at just under 1 year over term. Current record stands at 777 days past due, that diminishes your returns a lot! PBL081 is not yet fully repaid and is 795 days overdue!! I didn’t count that as there is no security left, it having been sold for less than the loan value, and there is just the vague (unlikely) hope of some future return based on undisclosed legal claims. At least some Capital has been returned on PLB081 which could be reinvested for profit elsewhere.
|
|
Mr_N
Posts: 222
Likes: 225
|
Post by Mr_N on Dec 3, 2018 10:47:46 GMT
An article appeared in the Liverpool Echo over the weekend, claiming that the administrators are "confident they will soon reach a deal." Throw "What's happening with Liverpool's stalled developments as ANOTHER scheme is sold?" into google. wrong thread, wrong side of the country. Think you mean the other Quay. Ooops, my mistake, thank you, I shall remove the posts
|
|
adrianc
Member of DD Central
Posts: 10,023 
Likes: 5,148
Member is Online
|
Post by adrianc on Feb 9, 2021 15:33:06 GMT
Feb 21 admin report is on CoHo.
Four offers received, all below asking price (£2.75m vs £2.27m borrowed), due to poor site access. This is in negotiation.
|
|
