cooling_dude
Bye Bye's for the PPI
Posts: 2,853 
Likes: 4,298
|
Post by cooling_dude on Mar 28, 2017 19:13:59 GMT
LIVE LOAN
|
|
| ------------------ | ------------------
|
|
|
| @ 1st Tranche
29/03/2017
| @ 2nd Tranche
>TBD<
| | Loan Amount | : | £ | 2,203,851 |
| | Gross Dev. Value | : | £ | 14,400,000 |
| | SS Indicated LTGV | : |
| 15% |
| Current Value
| : | £ | 3,775,000 |
| Current LTV
| : |
| 58% |
| | 90 Day Market Valuation | : | £ | N/A |
| | LTV Based on 90 day MV | : |
| N/A |
| | Term | : |
| 451 days |
| % PA
| : |
| 10% |
|
- Connected to all SD Loans
- PBL085 (being development funding provided to a related company) is going to be fully repaid before this new loan is drawndown.
|
|
twoheads
Member of DD Central
Programming
Posts: 1,089
Likes: 1,192
|
Post by twoheads on Mar 29, 2017 12:38:34 GMT
Just went live (13:37).
1393 investors, £588k on SM.
|
|
gt94sss2
Member of DD Central
Posts: 281
Likes: 137
|
Post by gt94sss2 on Mar 29, 2017 12:45:08 GMT
I think it may not have been fully subscribed - if so, its because SS gave insufficient notice of it going live imho.
Also, PBL85 hasn't yet been repaid which was supposed to happen before this went live - lets hope this is done sometime today
|
|
seeingred
Member of DD Central
Posts: 470
Likes: 664
|
Post by seeingred on Mar 29, 2017 12:48:41 GMT
I got my £1000.
The sale queue is zero despite £585k for sale = SS holding.
|
|
jamesc
Member of DD Central
Posts: 447
Likes: 253
|
Post by jamesc on Mar 29, 2017 12:52:34 GMT
I think it may not have been fully subscribed - if so, its because SS gave insufficient notice of it going live imho. Also, PBL85 hasn't yet been repaid which was supposed to happen before this went live - lets hope this is done sometime today Not surprising under subscribed given the relationship to a bunch of other loans across P2P all at better rates. Another example of SS exploiting their franchise to shove outs loans at inferior rates, I bet PBL167 is not undersubscribed, a bigger loan but at the right rate !
|
|
elliotn
Member of DD Central
Posts: 3,064
Likes: 2,681
|
Post by elliotn on Mar 29, 2017 12:52:38 GMT
I think it may not have been fully subscribed - if so, its because SS gave insufficient notice of it going live imho. Also, PBL85 hasn't yet been repaid which was supposed to happen before this went live - lets hope this is done sometime today Pbl085 is due to be paid before this loan draws down. 10% and borrower concentration may also affect uptake. Edit - xd with jamesc
|
|
Liz
Member of DD Central
Posts: 2,426
Likes: 1,297
|
Post by Liz on Mar 29, 2017 13:09:59 GMT
Just went live (13:37).
1393 investors, £588k on SM. And how do SS expect to fund the other £8Million for the development.
|
|
twoheads
Member of DD Central
Programming
Posts: 1,089
Likes: 1,192
|
Post by twoheads on Mar 29, 2017 13:13:59 GMT
Just went live (13:37).
1393 investors, £588k on SM. And how do SS expect to fund the other £8Million for the development. Slowly.
|
|
stokeloans
Member of DD Central
Posts: 402
Likes: 485
|
Post by stokeloans on Mar 29, 2017 14:04:11 GMT
I think it may not have been fully subscribed - if so, its because SS gave insufficient notice of it going live imho. Also, PBL85 hasn't yet been repaid which was supposed to happen before this went live - lets hope this is done sometime today Not surprising under subscribed given the relationship to a bunch of other loans across P2P all at better rates. Another example of SS exploiting their franchise to shove outs loans at inferior rates, I bet PBL167 is not undersubscribed, a bigger loan but at the right rate ! Depends if people are put off by the fracking
|
|
cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
|
Post by cooling_dude on Mar 29, 2017 14:11:08 GMT
Not surprising under subscribed given the relationship to a bunch of other loans across P2P all at better rates. Another example of SS exploiting their franchise to shove outs loans at inferior rates, I bet PBL167 is not undersubscribed, a bigger loan but at the right rate ! Depends if people are put off by the fracking There is no fracking. A nice oil drilling rig and possible plans for fracking... but no fracking (yet). I can see PBL167 and some others appearing on a certain new platform soon...
|
|
Liz
Member of DD Central
Posts: 2,426
Likes: 1,297
|
Post by Liz on Mar 29, 2017 14:15:52 GMT
Depends if people are put off by the fracking There is no fracking. A nice oil drilling rig and possible plans for fracking... but no fracking (yet). I can see PBL167 and some others appearing on a certain new platform soon... New platform?
|
|
stokeloans
Member of DD Central
Posts: 402
Likes: 485
|
Post by stokeloans on Mar 29, 2017 15:21:57 GMT
Depends if people are put off by the fracking There is no fracking. A nice oil drilling rig and possible plans for fracking... but no fracking (yet). I can see PBL167 and some others appearing on a certain new platform soon... Didn't a national newspaper report protesters were forming a camp in the area in anticipation of fracking starting in the area this summer ?
|
|
|
|
Post by jackpease on Mar 29, 2017 15:27:15 GMT
>>>fracking .... not confused with the Pickering one? There's a fracking site at Kirby Misperton near Pickering
Jack P
|
|
stokeloans
Member of DD Central
Posts: 402
Likes: 485
|
Post by stokeloans on Mar 29, 2017 15:32:32 GMT
>>>fracking .... not confused with the Pickering one? There's a fracking site at Kirby Misperton near Pickering Jack P Quite possibly,I get confused a lot,it's my age you know  I was referring to pbl167 so yes Pickering. Think the confusion has come about because I didn't show the actual line of the previous message I was quoting 
|
|
|
|
Post by badger on Mar 29, 2017 15:48:48 GMT
I think it may not have been fully subscribed - if so, its because SS gave insufficient notice of it going live imho. Also, PBL85 hasn't yet been repaid which was supposed to happen before this went live - lets hope this is done sometime today Actually, it says that PBL85 is going to be repaid before this one is drawn down, not before this one goes live. Draw down could be weeks away.
|
|
