Being featured in the next issue of the local country-lifestyle-advertorial glossy, W**Life, it seems.
Their FB bit says...
..set to open it's doors this summer Summer? Funding is until November.
There is a good chance (and sensible approach) to get something up and running while still developing the building & site as a whole - the cafe/restaurant could be fairly easy and quick to set up before moving onto the holiday cottages
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Yes, as a new investor I'm trying to catch up with loan updates, for the dfl's please move tranche updates to the main loan Updates tab after go-live, very good/important info for the development progression.
Post by skint4achange on Nov 17, 2017 10:13:58 GMT
Morning all. New to this site (And P2P lending) so really am glad of all the useful info posted prior to "Going Live".
I have just noticed on a website that the developer of this site, J*** R**** is looking for planning to convert this site from holiday lets to residential.
In my mind, this is good for 2 reasons.
Firstly, if he wants to redevelop the land, surely he will want to keep it and therefore not default (This could be the first repaid DFL on L****!! Woo hoo! )
Secondly, if he is applying for planning permission for the site to residential and he gets it, the value of the land would increase (I assume) and the loan would be the safest loan on the L**** books (Although that isn't difficult!)
Am I correct in my assumptions? If not, can someone please explain so I do not get caught up in a lemon.
(Ps. How much of a pain is it to keep putting *** everywhere? )
There are 10 kinds of people in this world......Those that understand binary and those that don't!