ali
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Post by ali on Oct 31, 2017 9:46:58 GMT
Tried to log in this morning to find my account had been suspended:
Of course, that's the wrong phone number and when I call them they can't explain why the account has been suspended or do anything about it. Muppets! They'll be getting a letter before action very soon if they can't sort their problems out.
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ali
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Post by ali on Oct 24, 2017 15:32:28 GMT
Account balance: £305.23 Available funds: £6.03 Frozen funds: £299.20 They are for me! Account balance: £3,664.33 Available funds: £3,664.33 Frozen funds: £0.00 Not for me. Are you sure you didn't request a withdrawal, which is normally what causes funds to be frozen?
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ali
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Post by ali on Oct 15, 2017 12:10:27 GMT
Sorry to resurrect things here..... With tax return deadlines coming up in the next few months, I have been looking at this again It seems the accrued interest paid by a buyer is still not deducted from the interest tax statement (but interest earned and accrued interest received from sales are) The only way is to search through previous emails (although emails now seem to being retained in the notifications section, this seems only fairly recent communications) How have other people managed this and have they just used the figure provided by ablrate ? Yes, I do have all the emails and I enter all the accrued interest into my own records. I worked out how much it was and the tax that I could save and decided it just wasn't enough to run the possibility of triggering an HMRC query so I just used the (wrong) figure produced by ablrate. I now calculate my net return from ablrate taking that into account which might go some way to explaining why my investment there is lower than it has been.
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ali
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Post by ali on Oct 13, 2017 11:59:15 GMT
Wow. A big lesson for anyone considering buying off plan. Presumably no solicitor involved to claim against? The solicitor told me that the developer would not allow a UN1 to be put in the contract. I have just read the contract and can not see this so it involves me getting another solicitor to check. So sorry to hear this. Just a point on the possibility of a UN1 being lodged by you: It would have been added after Broadoak and thus I'm not sure it would have helped anyway. If you have a claim against your solicitor, it will be that they did not adequately warn you that your investment was unsecured.
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ali
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Post by ali on Oct 10, 2017 20:59:38 GMT
I think the primary focus should be on regulating providers, not on regulating customers. I mostly agree, but I would add educating customers (or more precisely, providing the tools so that customers can educate themselves).
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ali
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Post by ali on Oct 7, 2017 19:54:28 GMT
Does anyone know how to find the default interest rate on this group of loans? I couldn't find it in any of the documentation on the MT website. I would presume 18% from the text of the related MTAI582 (on the completed loans page).
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ali
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Post by ali on Oct 7, 2017 18:54:13 GMT
18/35 here - so it would appear I'm a bit more random than some ....... ...... does anyone know what the current ' loans below this amount will be allocated randomly' value is? Somewhere around £1500 I guess or is it a bit random in itself ! Probably a bit random itself. I would imagine they do a trial allocation and if the value to be allocated is less than £5, then they switch to the random allocator.
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ali
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Post by ali on Oct 3, 2017 22:55:43 GMT
-13% cash (expecting a number of repayments early Oct).
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ali
Member of DD Central
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Likes: 311
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Post by ali on Oct 2, 2017 17:14:32 GMT
A casual post on the current status of the planning application appears to have caused a stampede to the sell button. I think Sir Alex Ferguson called this activity squeaky b*m time! Councils send most planning applications of this size back to the drawing board & I have no doubt that the outline planning permission will become full within the usual negotiating framework. I am retaining my share in this loan as I believe the proposal & security are commercially sound. No. A post by somebody perceived to be a highly reliable source (an admin of the forum) stating that they do not believe that the rewards merit the risks and including a well reasoned argument as to why they had come to that conclusion caused people to lose confidence in the loan and (attempt to) sell it. The status of the planning application might have influenced mrclondon's decision, but I bet it paid no part in most other people's thinking. That's no fault of mrclondon, but it just shows how careful you need to be when you are perceived, rightly or wrongly, to be an authority.
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ali
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Post by ali on Sept 29, 2017 7:28:58 GMT
unbolted are currently inaccessible because their DNS provider (hover.com) is having problems. Working here (I'm using OpenDNS servers). I suspect that means OpenDNS has cached the lookup. At some point the cache will time out and it will need to make a recursive call to hover.
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ali
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Post by ali on Sept 29, 2017 6:59:03 GMT
unbolted are currently inaccessible because their DNS provider (hover.com) is having problems.
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ali
Member of DD Central
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Post by ali on Sept 26, 2017 23:21:37 GMT
The following pictures from this afternoon (2017-09-26) were sent to me by a fellow forumite:
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ali
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Post by ali on Sept 26, 2017 11:45:48 GMT
The agent (from the page linked to by MT) seems in two minds as to whether the property is leasehold or freehold? Or did I read it wrong? The charge on Companies House is for the leasehold.
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ali
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Post by ali on Sept 23, 2017 13:28:41 GMT
Now that we have separate "Live Loans" and "Default Loans" on the main "Loans" page, would it be possible to have separate entries under "Funds", eg., My Loans
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| Status
| No.
| Amount | Live | 300 | £10,000.00 | Default | 20 | £2,000.00 | Repaid | 700 | £50,000.00 | Selling
| 0
| £0.00
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Many thanks.
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ali
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Post by ali on Sept 20, 2017 7:58:27 GMT
I don't get this. The details for tranche B don't seem to be available, but if we look at tranche A we find the following: Completed loan
| £ | BPF536 | 600,000 | BPF541
| 300,000
| BPF566
| 160,980
| BPF588
| 158,958
| Total
| 1,219,938
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The default loan (BPF808) is for £1,219,938. Edited to fix my error (I missed a 0 out when adding the loan amounts up).
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