ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,156 
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Post by ozboy on Mar 15, 2017 16:29:13 GMT
Thoughts people? I might have a wee dip into this one, rather than a full swim. Would property in this street/area have increased from £15K to c£55K in 14 years? Not unreasonable I'd have thought. Many a time I really wish I knew more about property and had built up years of relevant experience which I could draw on and make informed decisions.  |
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lobster
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Post by lobster on Mar 15, 2017 17:49:59 GMT
I had a look at this one and decided against, but it was a close call.
I noted in the valuation that a couple of very similar properties nearby had sold at auction for about 40k , and just decided that there is hopefully rather safer bets to be found elsewhere.
On the plus side it looks good that the borrower has used FS before without any problem arising.
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,156
Likes: 4,830
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Post by ozboy on Mar 15, 2017 17:51:52 GMT
Thanks lobster, comments appreciated.
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,156
Likes: 4,830
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Post by ozboy on Mar 15, 2017 18:41:03 GMT
And now filled, before I invested.
I'll consider that an Omen!!!
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rogerthat
Member of DD Central
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Post by rogerthat on Apr 10, 2018 14:31:26 GMT
Oldham..The Sequel
2368418666£20K @ 12%..LTV 36% 16.00hrs 10/04/18 Be quick now...its disappearing  |
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nyneil
Member of DD Central
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Post by nyneil on Apr 10, 2018 15:06:49 GMT
Oldham..The Sequel
2368418666£20K @ 12%..LTV 36% 16.00hrs 10/04/18 Be quick now...its disappearing Still just over 3k left - max bid £100 I hope the last three digits aren't a bad omen 2368418666
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rogerthat
Member of DD Central
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Post by rogerthat on Apr 10, 2018 15:13:26 GMT
Oldham..The Sequel
2368418666£20K @ 12%..LTV 36% 16.00hrs 10/04/18 Be quick now...its disappearing Still just over 3k left - max bid £100 I hope the last three digits aren't a bad omen 2368418666 Goneski
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Liz
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Post by Liz on Apr 10, 2018 15:31:53 GMT
Still just over 3k left - max bid £100 I hope the last three digits aren't a bad omen 2368418666 Goneski £400 for me. The benefits of 4 a/c's 😁
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rogerthat
Member of DD Central
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Post by rogerthat on Apr 10, 2018 15:43:16 GMT
£400 for me. The benefits of 4 a/c's 😁 Only 4 times the likelihood of defaults then
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Post by mrclondon on Jul 25, 2019 15:39:46 GMT
Back for another renewal at 5pm.
The previous convenience store tenant of the retail unit has probably moved on, it looks as if it is reverting back to being an off licence. New licencing records at the council dated June 2019, new limited company in the names of the licensors incorporated earlier this year. Links on DDC for those with access.
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baldpate
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Post by baldpate on Jan 27, 2020 11:54:48 GMT
Repayment due 25/01/2020. Defaulted today 27/01/2020.
I have hopes of getting my money back on this one.
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adrian77
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Post by adrian77 on Jan 27, 2020 13:19:19 GMT
hopefully this one will be OK but there is a potential snagette - please see my FS DD post
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arby
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Post by arby on Jun 9, 2020 8:43:33 GMT
Repaid in full, with expected interest approximately halved due to fees.
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