cooling_dude
Bye Bye's for the PPI
Posts: 2,853 
Likes: 4,298
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Post by cooling_dude on Mar 17, 2017 20:53:40 GMT
LIVE LOAN
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| @ 1st Tranche
19/03/17
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| @ 2nd Tranche
04/04/17
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| @ 3rd Tranche
05/04/17 |
| @ 4th Tranche >TBD< |
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| | Loan Amount | : | £ | 6,770,496 |
| 6,860,496
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| 6,958,054
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| | Gross Dev. Value | : | £ | 29,834,000 |
| 29,834,000
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| 33,804,000
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| | SS Indicated LTGV | : |
| 23% |
| 23%
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| 21%
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| Current Value
| : | £ | 10,100,000 |
| 10,100,000
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| 10,100,000
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| Current LTV
| : |
| 67% |
| 68% |
| 69% |
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| | 90 Day Market Valuation | : | £ | Unknown |
| Unknown
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| Unknown
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| | LTV Based on 90 day MV | : |
| Unknown |
| Unknown
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| Unknown
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| | Term | : |
| 365 days |
| 350 days
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| 349 days
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| % PA
| : |
| 12% |
| 12%
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| 12%
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Important Note - Existing borrowers in PBL035 will roll into this new DFL
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
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Post by cooling_dude on Mar 17, 2017 21:15:24 GMT
Due to go live Tomorrow (18/03)
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Post by penny on Mar 18, 2017 0:31:03 GMT
Is £3,310,496 (£6,770,496 minus £3,460,000 rolled over from PBL035) or the full £6,770,496
looking tomorrow (err today) for a new home ?
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
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Post by cooling_dude on Mar 18, 2017 0:34:22 GMT
Is £3,310,496 (£6,770,496 minus £3,460,000 rolled over from PBL035) or the full £6,770,496 looking tomorrow (err today) for a new home ? First Tranche will total £6,770,496. Investors of PBL035 will be rolled into the new loan, so there will be an additional £3,310,496 looking for a new home
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,330
Likes: 11,549
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Post by ilmoro on Mar 18, 2017 0:40:05 GMT
Is £3,310,496 (£6,770,496 minus £3,460,000 rolled over from PBL035) or the full £6,770,496 looking tomorrow (err today) for a new home ? First Tranche will total £6,770,496. Investors of PBL035 will be rolled into the new loan, so there will be an additional £3,310,496 looking for a new home Plus any bits that are redeemed via the SM I guess
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GeorgeT
Member of DD Central
Posts: 1,322
Likes: 1,576
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Post by GeorgeT on Mar 18, 2017 0:51:16 GMT
12% .... 365 day term. What's not to like? I'm in, in a moderate way.
I think SS have learned from trying to punt the big London one out at 11% .
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Post by geraldine1210 on Mar 18, 2017 7:14:56 GMT
12% .... 365 day term. What's not to like? I'm in, in a moderate way. I think SS have learned from trying to punt the big London one out at 11% . I think that's sadly a bit of wishful thinking.
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dp
Member of DD Central
Posts: 189
Likes: 84
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Post by dp on Mar 18, 2017 7:50:55 GMT
Sending an email Friday at 9pm advising loan launch next day. There should be no reason at all for this not to go live today.
Confidence in communications would hit an all time low if this didn't launch today.
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dp
Member of DD Central
Posts: 189
Likes: 84
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Post by dp on Mar 18, 2017 11:47:22 GMT
I can only presume email so late confirms money has arrived in. This transfer would have happened on a business day (yesterday/Friday) and not on a Saturday.
Agree, time will tell.
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dzo
Member of DD Central
Posts: 158
Likes: 150
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Post by dzo on Mar 18, 2017 13:06:26 GMT
I don't think SS time launches to coincide with repayments. Their past behaviour suggests they're not as panicky about SM liquidity as we are.
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elliotn
Member of DD Central
Posts: 3,064
Likes: 2,681
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Post by elliotn on Mar 18, 2017 13:48:28 GMT
I don't think SS time launches to coincide with repayments. Their past behaviour suggests they're not as panicky about SM liquidity as we are. Agreed, I think legals, customer requirements and independent timing of payments are more the deciding factors than our sale queue worries (altho rolling over pbl 35 and telling us about Chelmsford repayment perhaps a nod in that direction).
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puffin
Member of DD Central
Posts: 87
Likes: 26
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Post by puffin on Mar 18, 2017 13:53:32 GMT
Guesses for the allocation on this?
Somewhere near £2,000 I'm guessing if it goes today(Saturday).
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
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Post by cooling_dude on Mar 18, 2017 13:59:21 GMT
Guesses for the allocation on this? Somewhere near £2,000 I'm guessing if it goes today(Saturday). If it goes live before the repayment of the other loan, my guess is >10k After loan gets repaid, then closer to 5k Now we wait to see how hilariously wrong I am...
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elliotn
Member of DD Central
Posts: 3,064
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Post by elliotn on Mar 18, 2017 14:02:50 GMT
Guesses for the allocation on this? Somewhere near £2,000 I'm guessing if it goes today(Saturday). If it goes live before the repayment of the other loan, my guess is >10k After loan gets repaid, then closer to 5k Now we wait to see how hilariously wrong I am... I think lenders will factor in repayments if they have 24-48 hrs to pay. 
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GeorgeT
Member of DD Central
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Post by GeorgeT on Mar 18, 2017 14:10:24 GMT
SS usually start the big action on a Saturday at about 2 - 2.30pm so I'm expecting it all to happen soon.
First the repayment of the other loan and then hot on its heels the go live of this one.
Hold on to your hats.
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