seeingred
Member of DD Central
Posts: 470 
Likes: 664
|
Post by seeingred on Aug 25, 2017 14:58:43 GMT
|
|
|
|
Post by Collateral Rep on Aug 26, 2017 10:42:05 GMT
Morning,
We've added a few images of our site visit this week to the loan details page.
Many thanks,
Gordon
|
|
|
|
Post by wickedxuk on Aug 26, 2017 11:11:42 GMT
Good stuff 👍
|
|
star dust
Member of DD Central
Posts: 2,998
Likes: 3,531
|
Post by star dust on Aug 26, 2017 11:20:01 GMT
Excellent Collateral Rep , it's very encouraging to see and also to know that you are monitoring progress. One suggestion though, might it be an idea to put the date on either/or the photo's or file  ? |
|
|
|
Post by Collateral Rep on Aug 26, 2017 11:26:03 GMT
Hi star dust, Image PDF updated with date. Many thanks, Gordon |
|
seeingred
Member of DD Central
Posts: 470
Likes: 664
|
Post by seeingred on Aug 26, 2017 14:02:50 GMT
Hi star dust , Image PDF updated with date. Many thanks, Gordon Photos are a great improvement, but as is the case with other pdf documents on Collateral, this one does not open using the Edge browser - I have to ask for the file to be opened in Internet Explorer. Some Col pdfs do open in Edge, some do not. Next update when materials are stacked on site and ready to go?
|
|
metoo
Member of DD Central
Posts: 555
Likes: 432
|
Post by metoo on Aug 26, 2017 23:28:27 GMT
Hi star dust , Image PDF updated with date. Many thanks, Gordon Photos are a great improvement, but as is the case with other pdf documents on Collateral, this one does not open using the Edge browser - I have to ask for the file to be opened in Internet Explorer. Some Col pdfs do open in Edge, some do not. Next update when materials are stacked on site and ready to go? No problem here viewing this pdf of images in Edge browser on Windows 10. Googling for a solution may help, otherwise there are alternatives for viewing pdfs .
|
|
seeingred
Member of DD Central
Posts: 470
Likes: 664
|
Post by seeingred on Aug 27, 2017 9:05:31 GMT
Some of the pdfs work fine, on the 00046 loan page, the darwen land.pdf is OK, the CV(1) is also OK, as is CVCondensed redacted(1). But the B******* h****** redacted valuation redacted and the latest photos do not open. The problem is the same in each case - the page hangs immediately it starts to open as shown in the image below. normally the blue bar speeds across the screen as the document is loaded and opened. Edge and W10 on a laptop that (so far) has not had any problems except the history function giving a list of sites visited doesn't work - but that seems a quite common problem on W10.  I also get the same problem with all 3 of the documents on loan 00026 |
|
btc
Member of DD Central
Posts: 193
Likes: 132
|
Post by btc on Aug 28, 2017 16:37:43 GMT
Why can't fundingsecure do something like this, we only get updates after 6 months when the loan is due to repay/renew. We are always left in the dark. |
|
seeingred
Member of DD Central
Posts: 470
Likes: 664
|
Post by seeingred on Aug 31, 2017 10:40:15 GMT
First of several development tranches launched at 14%. These will rank behind the original 00046 loan in case of a default - making 00046 at 12% safer as time passes.
This is the first of three tranches (total value £212,640), with the first being £72,640 followed by a further two loans of £70,000, once fully funded the next loan will go live.
Each loan will have a £1,000 bid limit lasting for 3 hours.
1) Property Development Loan (2nd Drawdown)
Interest P/A - 14%
Loan value of £72,640 (GDV value £11,845,000)
LTV - 60%.
Loan Term - 6 months
Bid Limit - £1,000
|
|
elliotn
Member of DD Central
Posts: 3,064
Likes: 2,681
|
Post by elliotn on Aug 31, 2017 12:45:07 GMT
First of several development tranches launched at 14%. These will rank behind the original 00046 loan in case of a default - making 00046 at 12% safer as time passes. This is the first of three tranches (total value £212,640), with the first being £72,640 followed by a further two loans of £70,000, once fully funded the next loan will go live. Each loan will have a £1,000 bid limit lasting for 3 hours. 1) Property Development Loan (2nd Drawdown) Interest P/A - 14% Loan value of £72,640 (GDV value £11,845,000) LTV - 60%. Loan Term - 6 months Bid Limit - £1,000 Fully agree, BL00046 looking much better as high interest dev tranches roll out (& reduce LTV of our existing acquisition loan) and platform providing very reg photo development updates too. Impressed. ( fp )
|
|
GeorgeT
Member of DD Central
Posts: 1,322
Likes: 1,576
|
Post by GeorgeT on Aug 31, 2017 21:47:40 GMT
The first 2 new 14% tranches sold out by this evening. The 3rd hasn't gone live yet - I guess COL are wisely holding it back until the morning to save a day's interest to investors.
I have funds standing by for the 3rd mini-tranche as I decided to spread my pot evenly between the 3 latest tranches - purely in the interests of liquidity as I thought it a good idea not to put all my eggs in one basket (even though these 3 tranches are effectively sub-baskets of the same basket in terms of risk).
I must say I'm liking COL more by the day and very much looking forward to interest day on Friday, considering I have some 14% and 15% stock on the platform.
I used today as an opportunity to diversify a little and sold down a bit in a couple of previous 14% loan tranches - and I sold my bits in a couple of hours - so liquidity is very good so far on these high rate loan tranches.
|
|
SteveT
Member of DD Central
Posts: 6,875
Likes: 7,924
|
Post by SteveT on Sept 1, 2017 6:56:50 GMT
The new 14% development tranches have boosted SM trade in the original, higher-ranking 12% tranche substantially. Presumably much of the proceeds will be recycling into the development tranches, so everyone is happy |
|
elliotn
Member of DD Central
Posts: 3,064
Likes: 2,681
|
Post by elliotn on Sept 1, 2017 9:14:08 GMT
The new 14% development tranches have boosted SM trade in the original, higher-ranking 12% tranche substantially. Presumably much of the proceeds will be recycling into the development tranches, so everyone is happy Might lend a helping hand to its Burnley sibling too
|
|
seeingred
Member of DD Central
Posts: 470
Likes: 664
|
Post by seeingred on Sept 4, 2017 21:23:34 GMT
What this platform needs is more new money coming in not merely recycling /churning between existing loans and new ones.
The interest rates should help - and finally kill off the low% Lendy loans?
|
|
?
