Post by adrian77 on Jun 24, 2017 20:02:32 GMT
I am concerned as to what is happening here
I note it has gone from A+ to B with LTV from 64% to 74%.
We are told it has been completed but I can't find it for sale - granted we have some nice photos of the property but are the interior ones of THIS property?
FC told us it had been sold to another FC lender - true but this buyer is an ex-director of the same company as the original owner and guess what - he has other developments and at least 2 other FC charges
The house seems a bit overpriced at £3.25m to me - granted it is a good area (although next to a council block) Also the developer seems to have bought the site for 600K and demolished the building so that is one almighty expense before he even started building
Does anybody live in the area who could confirm this house is actually finished or even up for sale.
I thank you
I note it has gone from A+ to B with LTV from 64% to 74%.
We are told it has been completed but I can't find it for sale - granted we have some nice photos of the property but are the interior ones of THIS property?
FC told us it had been sold to another FC lender - true but this buyer is an ex-director of the same company as the original owner and guess what - he has other developments and at least 2 other FC charges
The house seems a bit overpriced at £3.25m to me - granted it is a good area (although next to a council block) Also the developer seems to have bought the site for 600K and demolished the building so that is one almighty expense before he even started building
Does anybody live in the area who could confirm this house is actually finished or even up for sale.
I thank you