cooling_dude
Bye Bye's for the PPI
Posts: 2,853 
Likes: 4,298
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Post by cooling_dude on Mar 19, 2017 16:26:49 GMT
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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Post by wildlife2 on Mar 19, 2017 16:29:58 GMT
The green duck pond/swimming pool should be open by summer 
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elliotn
Member of DD Central
Posts: 3,060
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Post by elliotn on Mar 19, 2017 16:30:00 GMT
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. Build was 5-6 months from Jan-Feb so Summer sounds right (and good for business), loan term can be longer to allow time to complete exit.
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twoheads
Member of DD Central
Programming
Posts: 1,089
Likes: 1,192
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Post by twoheads on Apr 20, 2017 11:12:11 GMT
Tranche 3 went live at 11:55 today.
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twoheads
Member of DD Central
Programming
Posts: 1,089
Likes: 1,192
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Post by twoheads on May 31, 2017 9:51:49 GMT
A 'silent' mini-tranche was added to this loan this morning.
Loan increased from £749,137 to £835,598 (increase of £86,461 - added to SM). LTV from 47% to 52%.
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adrianc
Member of DD Central
Posts: 8,370
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Post by adrianc on Jun 6, 2017 15:08:16 GMT
There's an advert for chefs for the cafe, just appeared on FB.
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adrianc
Member of DD Central
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Likes: 4,588
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Post by adrianc on Jul 5, 2017 15:40:57 GMT
They're now teasing photos of various finished details. Can't be long now until opening.
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twoheads
Member of DD Central
Programming
Posts: 1,089
Likes: 1,192
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Post by twoheads on Aug 4, 2017 11:39:01 GMT
This loan and its latest tranche (no. 5) have just been increased from 8% to 10% PA.
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elliotn
Member of DD Central
Posts: 3,060
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Post by elliotn on Sept 8, 2017 5:11:46 GMT
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.
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twoheads
Member of DD Central
Programming
Posts: 1,089
Likes: 1,192
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Post by twoheads on Nov 10, 2017 11:59:17 GMT
DFL015 received a valuation hike today (09/11 10/11) at 11:38. EDIT - I don't seem to know what day it is!
Valuation increased from £1.6M to £1.89M with a corresponding fall in LTV from 65% to 55%.
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twoheads
Member of DD Central
Programming
Posts: 1,089
Likes: 1,192
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Post by twoheads on Nov 10, 2017 13:37:49 GMT
Now DFL015 has received a 181 day extension. The remaining term changed from +3 to +187 and, a few minutes later, changed again to +184.
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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?  )
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adrianc
Member of DD Central
Posts: 8,370
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Post by adrianc on Feb 13, 2018 10:29:04 GMT
Latest from their FB site... Cafe opening date being announced "soon".  They were recruiting for a cook a couple of weeks ago. |
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elliotn
Member of DD Central
Posts: 3,060
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Post by elliotn on Feb 13, 2018 13:44:02 GMT
Shiver me (reclaimed) timbers!
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treeman
Member of DD Central
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Post by treeman on Feb 13, 2018 14:00:47 GMT
Shiver me (reclaimed) timbers! Hmmmm ...  
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