lobster
Member of DD Central
Posts: 636 
Likes: 467
|
Post by lobster on Sept 28, 2017 10:08:45 GMT
Strange - I was convinced that this loan would be filled in nano-seconds , but it's been there for a few minutes now and is about half-filled. Obviously not as popular as I had guessed, but I'm not sure why ? Can anyone help me out with a plausible reason here ? Thanks.
|
|
rogerthat
Member of DD Central
Posts: 2,048
Likes: 1,994
|
Post by rogerthat on Sept 28, 2017 11:03:58 GMT
Too busy bidding on the IOW praps ?  |
|
Nomad
Member of DD Central
Posts: 755
Likes: 513
|
Post by Nomad on Sept 28, 2017 15:24:54 GMT
Strange - I was convinced that this loan would be filled in nano-seconds , but it's been there for a few minutes now and is about half-filled. Obviously not as popular as I had guessed, but I'm not sure why ? Can anyone help me out with a plausible reason here ? Thanks. Hundreds of negative comments about FS on this forum?
|
|
|
|
Post by mrclondon on Sept 29, 2017 17:20:33 GMT
The only blip I can discover is the 100% shareholder (and former director) of the borrowing company is currently disqualified from acting as a company director (Aug 14 to Aug 19) for something at one of his other companies (which is being liquidated). That feels like more than a blip. Being disqualified as a director is fairly serious. And exercising control over a company (i.e. acting like a director) while disqualified would be a criminal offence (but of there is nothing to suggest that this person is exercising control, all we can see from the public record is that the controlling shareholder of the company named in the planning application as the owner of the site is currently disqualified as a director). There is a chance this distinctively named individual is also associated with the "Development Land in Bath" that is renewing tomorrow - someone of the same name is the applicant on the most recent planning application form (conditions discharge 17/*****/COND)
|
|
|
|
Post by diamon89 on Oct 2, 2017 16:29:12 GMT
That feels like more than a blip. Being disqualified as a director is fairly serious. And exercising control over a company (i.e. acting like a director) while disqualified would be a criminal offence (but of there is nothing to suggest that this person is exercising control, all we can see from the public record is that the controlling shareholder of the company named in the planning application as the owner of the site is currently disqualified as a director). There is a chance this distinctively named individual is also associated with the "Development Land in Bath" that is renewing tomorrow - someone of the same name is the applicant on the most recent planning application form (conditions discharge 17/*****/COND) Good spot. The address is also the same (i.e. the address of the applicant on that form is the same as the address of the disqualified director.)
|
|
mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
|
Post by mikes1531 on Oct 2, 2017 16:37:16 GMT
The address is also the same (i.e. the address of the applicant on that form is the same as the address of the disqualified director.) This could be a 'proxy' address. There are companies that offer services to directors, including providing an address that can be used on registrations so that the person doesn't have to reveal their own personal address to the public.
|
|
adrian77
Member of DD Central
Posts: 3,920
Likes: 4,145
|
Post by adrian77 on Oct 2, 2017 18:14:47 GMT
Great DD - thanks!
Well that's my early Bath gone for a Burton as I won't be diving in.
|
|
guff
Posts: 730
Likes: 707
|
Post by guff on Oct 4, 2017 16:58:42 GMT
This is just down the road from the old French*y hospital site where 500 new houses are being built.
|
|
guff
Posts: 730
Likes: 707
|
Post by guff on Jan 12, 2018 15:45:15 GMT
Not a lot of progress:   |
|
|
|
Post by munchydave on Jan 12, 2018 17:23:44 GMT
That feels like more than a blip. Being disqualified as a director is fairly serious. And exercising control over a company (i.e. acting like a director) while disqualified would be a criminal offence (but of there is nothing to suggest that this person is exercising control, all we can see from the public record is that the controlling shareholder of the company named in the planning application as the owner of the site is currently disqualified as a director). There is a chance this distinctively named individual is also associated with the "Development Land in Bath" that is renewing tomorrow - someone of the same name is the applicant on the most recent planning application form (conditions discharge 17/*****/COND) The simple fact is that WE can no longer trust the information given. So often what we get is a sales pitch not a factual set of data on which to assess the risk. If the P2P sites do not ALL of them sort this out then there will be one hell of a crash this year. For me I am removing all funds from all sites.
|
|
rogerthat
Member of DD Central
Posts: 2,048
Likes: 1,994
|
Post by rogerthat on Mar 21, 2018 23:25:24 GMT
1775656816..3rd tranche..£200K @ 12%..LTV 62%
11am 22nd March 2018
Note..Tranche 1.. 2196987643..£332.5K....175 days
Tranche 2..2377156915.. £ 52.5K.....171days
There is some existing info on DD
|
|
Liz
Member of DD Central
Posts: 2,426
Likes: 1,297
|
Post by Liz on Mar 21, 2018 23:44:36 GMT
1775656816..3rd tranche..£200K @ 12%..LTV 62% 11am 22nd March 2018 Note..Tranche 1.. 2196987643..175 days Tranche 2.. 2377156915..171 days 12% 😔 How do they expect to fill all of these loans paying that rate. Plus there are about 50 late loans that will imminently placed on the PM 😏
|
|
bfish
Member of DD Central
Posts: 106
Likes: 131
|
Post by bfish on Apr 13, 2018 14:19:28 GMT
Seems strange that Tranche 4 is being offered to lenders (and is 95% covered) when £332,500 has been outstanding since 28th March . . . and Tranche 2 is due for renewal on 17/4/18 too !!?
Strange ? Or is it just me !?
|
|
rogerthat
Member of DD Central
Posts: 2,048
Likes: 1,994
|
Post by rogerthat on Apr 13, 2018 14:47:49 GMT
Seems strange that Tranche 4 is being offered to lenders (and is 95% covered) when £332,500 has been outstanding since 28th March . . . and Tranche 2 is due for renewal on 17/4/18 too !!? Strange ? Or is it just me !? Quite so..which is why I didn't put any more into this...at the risk of being pedantic I have T1 on 197 days and T2 on 193 days...so both overdue in my LB 
|
|
michaelc
Member of DD Central
Say No To T.D.S.
Posts: 5,722
Likes: 2,987
|
Post by michaelc on Apr 14, 2018 14:11:46 GMT
Thanks for the pics but do they show the whole story?
I'm the last person to support FS but in this instance the FS bashing might be overdone. Their own picture clearly shows the footings and ground beam and block floor either complete or well under way.
The first picture above just confirms they've not built to first story yet. The second is a bit blurred and is that a digger or other plant that is very blurred out of shot?
Just feels to me that while granted FS's pics are taken with rose specs clearly on, the ones above are taken with an opposing agenda in mind.
Thankfully most of the other pics that folk kindly donate to this site do seem unbiased. Note also I'm certainly not having a go at Asterix - I find most of his posts very informative.
|
|
