|
|
Post by p2plender on Jul 4, 2018 6:17:44 GMT
More like the butchers. In any other line of business this would be classed as downright theft imo.
Probably worth pointing future TP reviews to this particular loan.
Forget DD when you're dealing with this sort of 'investment'.
|
|
|
|
Post by brightspark on Jul 4, 2018 7:52:11 GMT
I would caution the use of language in some of these recent postings which could be construed as libellous. We all have our opinions as to this wayward loan but it as well to stick to the facts - a large sum of money has been borrowed and not repaid and lenders want to know why not.
|
|
|
|
Post by thecleaner on Jul 4, 2018 8:34:36 GMT
I dont know about aiding and abetting them but the latter are certainly <redacted>. The savvy ones knew all along about this one and did post warnings up so fair play to them but unfortunatly for me i was swung by the LTV and it was at a time that people where just mopping up whatever came onto the market. I have 4K tied up in this and if we asume best case i get half my money back , then the thought of just handing over 2K to these <redacted> for absolutley nothing really does niggle me. I'm not in this one but it sounds like you've been taken to the cleaners Yes well as it says in the post 4K worth of laundry bill. Surprised your not in this with how vocal you are about it
|
|
|
|
Post by thecleaner on Jul 4, 2018 8:37:31 GMT
I would caution the use of language in some of these recent postings which could be construed as libellous. We all have our opinions as to this wayward loan but it as well to stick to the facts - a large sum of money has been borrowed and not repaid and lenders want to know why not. a large sum of money has been borrowed and not repaid - is this not theft then. ? What is it ?
|
|
averageguy
Member of DD Central
Posts: 1,188 
Likes: 895
|
Post by averageguy on Jul 4, 2018 8:42:43 GMT
I'm not in this one but it sounds like you've been taken to the cleaners Yes well as it says in the post 4K worth of laundry bill. Surprised your not in this with how vocal you are about it  ?? First post I've ever made on this loan...and it was tongue in cheek..''taken to the cleaners'' the cleaner....oh well hey ho
|
|
debaura
Member of DD Central
Posts: 277 
Likes: 318
|
Post by debaura on Jul 5, 2018 22:49:38 GMT
Where is this property listed for sale?
|
|
debaura
Member of DD Central
Posts: 277
Likes: 318
|
Post by debaura on Jul 5, 2018 23:06:53 GMT
I would caution the use of language in some of these recent postings which could be construed as libellous. We all have our opinions as to this wayward loan but it as well to stick to the facts - a large sum of money has been borrowed and not repaid and lenders want to know why not.  Construed by whom? Anyone that matters and that is about to protest? Let them come out!! I'd like to see that.
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,331
Likes: 11,550
|
Post by ilmoro on Jul 5, 2018 23:23:19 GMT
Where is this property listed for sale? It isn't AFAIK, showing as withdrawn on the website starting with A.
|
|
|
|
Post by brightspark on Jul 6, 2018 6:57:59 GMT
I would caution the use of language in some of these recent postings which could be construed as libellous. We all have our opinions as to this wayward loan but it as well to stick to the facts - a large sum of money has been borrowed and not repaid and lenders want to know why not. a large sum of money has been borrowed and not repaid - is this not theft then. ? What is it ? A mortgagee unable to make repayments is not a thief.
|
|
|
|
Post by portlandbill on Jul 6, 2018 9:28:25 GMT
but we all know that's not the situation in this case
|
|
|
|
Post by brightspark on Jul 6, 2018 13:29:14 GMT
We may surmise that. It would require a conviction in a criminal court before such a statement could unequivocally be made.
|
|
debaura
Member of DD Central
Posts: 277
Likes: 318
|
Post by debaura on Jul 6, 2018 14:43:02 GMT
That for me would be a satisfactory outcome.
|
|
dermot
Member of DD Central
Posts: 863
Likes: 517
|
Post by dermot on Jul 6, 2018 16:12:34 GMT
For Sale by Pawn was a phrase that someone accurately used early on in this debacle ... You have to wonder why they bought it in the first place, if they had no intent to do anything with it. Is the loan amount substantially greater than the borrowers purchase price, I wonder?
|
|
|
|
Post by gaspilot on Jul 6, 2018 18:03:33 GMT
Cut and paste update. No information whatsoever.
Unbelievable!
|
|
|
|
Post by GSV3MIaC on Jul 6, 2018 18:06:56 GMT
For Sale by Pawn was a phrase that someone accurately used early on in this debacle ... You have to wonder why they bought it in the first place, if they had no intent to do anything with it. Is the loan amount substantially greater than the borrowers purchase price, I wonder? Often hard to determine that, but the answer is frequently 'yes', or else it was sometimes (not necessarily in this case) bought from their brother's wife's sister's uncle, or similar (also hard to discover). Anyway, it's a DFL, so you'd expect the loan to be purchase price plus initial development tranche/cost, which is sure to be more than purchase price alone. Add a vanishing timber frame or two, and voila, instant FS-Whitehaven.
|
|
?? First post I've ever made on this loan...and it was tongue in cheek..''taken to the cleaners'' the cleaner....oh well hey ho
Construed by whom? Anyone that matters and that is about to protest? Let them come out!! I'd like to see that. 
