Mucho P2P
Member of DD Central
Posts: 946
Likes: 1,635
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Post by Mucho P2P on Sept 23, 2019 11:46:11 GMT
Do we know if there's any plan to auction the London property or is that being handled differently? Being handled differently as there are "residents" in habitation that have to be negotiated with.
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bulletbill
Member of DD Central
Posts: 90
Likes: 223
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Post by bulletbill on Sept 23, 2019 13:01:46 GMT
Lot 223 Auctioned today by All*** Loan from Lendy £734,709 Auction Guide price 18 Sept 2019 £205,000 to £300,000 Auction Guide price today (19th September 2019) £300,000 Sold at Auction at 5.10pm on 19th Sept 2019 for £380,000 Loss to lenders £354,709 Percentage loss on investment = 48% Would be really good to have a summary like this on every loan as the loan concludes. It will be useful (albeit excruciatingly painful) to track losses on a loan by loan basis. Appreciate the hard work of the posters like Mucho that provide a lot of information for the good of the group. Thumbs up.
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Post by gramsky on Oct 30, 2019 9:13:24 GMT
Yet update of 29/10/2019 states "further updates on this loan will be provided on the loan’s private portal when disclosable information becomes available from our legal team. Thank you for your patience in this matter".
Nothing said about the sale?
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Post by spareapennyor2 on Oct 30, 2019 9:39:14 GMT
gramskyA****P 19 sept results still shows as sold not in this loan / in the other one
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Post by mrclondon on Oct 30, 2019 9:45:02 GMT
Yet update of 29/10/2019 states "further updates on this loan will be provided on the loan’s private portal when disclosable information becomes available from our legal team. Thank you for your patience in this matter".
Nothing said about the sale?
Given last week's court case involving the borrower, I'm not surprised by the update. (Too soon for anything discernable to have progressed since)
Just got to hope the buyer has patience ....
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Post by gramsky on Oct 30, 2019 9:49:01 GMT
Yet update of 29/10/2019 states "further updates on this loan will be provided on the loan’s private portal when disclosable information becomes available from our legal team. Thank you for your patience in this matter".
Nothing said about the sale?
Given last week's court case involving the borrower, I'm not surprised by the update. (Too soon for anything discernable to have progressed since)
Just got to hope the buyer has patience ....
Where can I find details of that?
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Post by mrclondon on Oct 30, 2019 9:51:29 GMT
Given last week's court case involving the borrower, I'm not surprised by the update. (Too soon for anything discernable to have progressed since)
Just got to hope the buyer has patience ....
Where can I find details of that? I'll PM you as it not sensible to link to it here.
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Post by gramsky on Oct 30, 2019 9:56:00 GMT
Where can I find details of that? I'll PM you as it not sensible to link to it here. Thanks
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