Imothep
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Post by Imothep on Apr 14, 2018 21:10:37 GMT
looks like the block and beam well finished and a secure and clean site with a decent clean hoarding , these things make a difference , however, disqualified directors are a different matter , havnt you got to do something proper naughty to get disqualified ?
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adrian77
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Post by adrian77 on Apr 16, 2018 16:45:53 GMT
This one looks nothing like 24% completed to me -
I realise the end valuations look reasonable but I think this chap is going to need a lot more money and comments such as below really worry me
hello FS ,hello Smutty Stick thank you and goodnight.
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beechside
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Post by beechside on Apr 17, 2018 11:03:34 GMT
This one looks nothing like 24% completed to me - There's no "average" build but, to get "out of the ground", it's typically 15 to 20% of total costs. Flats are generally less complex than a house (repetition leads to savings in first and second fits) so 20% plus seems reasonable for a project that's got all the foundations, services, solid floors etc in place. I think 24% may be fair at this point. Edit: As of this morning, I'm in this loan quite bigly. For what it's worth there's another substantial development nearby (Redrow) with 3/4 bedroom houses starting at £370k. That makes 10 flats at £1.8m seem in the right ballpark. For now, I'm assuming all development is good news, especially since both developments are near the hospital.
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adrian77
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Post by adrian77 on Apr 17, 2018 11:20:49 GMT
not in my experience as ground preparation costs can vary enormously -also flats need extensive fire protection measures etc which is why I no longer build them - the above figure may be correct - time will tell...
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rogerthat
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Post by rogerthat on Apr 18, 2018 8:46:58 GMT
Struggling to get through all my Shredded Wheat this morning in the hope that nurse gives me a spanking but I digress...
Just noticed that the renewal @ 11am 3564590414 which is replacing (2377156915) is at 13% instead of 12%..Is that normal practice ?..in part the reason I ask is that the 'new ' loan is at 65% LTV whereas the 'old' loan was at 70% LTV...doesn't logic dictate that if the risk is lower then the reward is also lower and vice versa ?
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rogerthat
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Post by rogerthat on Oct 1, 2018 21:33:02 GMT
Renewal of Tranche 3 (1775656816) with 1358997740
11am 02/10/18
Loan overview 'Not Found' via the email notification link. Carter Jonas monitoring the site (forgotten why?)..any thoughts ?
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beechside
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Post by beechside on Jun 28, 2019 17:03:18 GMT
Repaid today (28/6/19). Looks like full repayment.
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arby
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Post by arby on Jun 28, 2019 17:42:15 GMT
Repaid today (28/6/19). Looks like full repayment. Between this and the Stretford repayment yesterday it's been a very good few days. A few more would be nice!
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james21
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Post by james21 on Jun 28, 2019 18:40:33 GMT
true, all funds being transferred out immediately
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sarahcount
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Post by sarahcount on Jun 28, 2019 21:53:35 GMT
Repaid today (28/6/19). Looks like full repayment. I wasn't in that one but wouldn't have known about the full repayment if I hadn't read it here. I like to get a feel for how the platform is doing by regularly viewing the 'All Active and Past Loans' tab but there is no update posted. You'd think that FS would want to advertise the fact that another loan has repaid in full rather than just quietly pay investors all their capital and interest and not say a thing. Contrast that to a certain now defunct platform that e-mailed all investors to tell of repayments whether they were in that loan or not. Love them or hate them they certainly have their own unique way of operating.
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
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Post by Godanubis on Jun 28, 2019 22:47:14 GMT
Repaid today (28/6/19). Looks like full repayment. I wasn't in that one but wouldn't have known about the full repayment if I hadn't read it here. I like to get a feel for how the platform is doing by regularly viewing the 'All Active and Past Loans' tab but there is no update posted. You'd think that FS would want to advertise the fact that another loan has repaid in full rather than just quietly pay investors all their capital and interest and not say a thing. Contrast that to a certain now defunct platform that e-mailed all investors to tell of repayments whether they were in that loan or not. Love them or hate them they certainly have their own unique way of operating. Just go to “all active and past loans “ type completed in search and sort by update. Shows all recent completed loans.
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rogerthat
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Post by rogerthat on Jun 29, 2019 9:28:42 GMT
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