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Post by macdady on Feb 18, 2016 13:07:52 GMT
Selling bits of my Cardiff land.
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stevio
Member of DD Central
Posts: 2,065 
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Post by stevio on Feb 18, 2016 16:55:03 GMT
£540 Commercial Development - The Annex (BPF310) now if anyone wants it
EDIT: all gone
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kermie
Member of DD Central
Posts: 691
Likes: 462
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Post by kermie on Feb 19, 2016 0:08:42 GMT
Minor bits n bobs on the SM, in additional to the earlier BPF347 loan.
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Post by Financial Thing on Feb 19, 2016 21:59:41 GMT
some good bits on the SM now.
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ben
Posts: 2,020
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Post by ben on Feb 19, 2016 22:16:06 GMT
first time I have looked at the SM and the Croft one has not been on rarity
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jonah
Member of DD Central
Posts: 2,031
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Post by jonah on Feb 21, 2016 9:11:38 GMT
5x loans with parts on offer
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webwiz
Posts: 1,133
Likes: 210
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Post by webwiz on Feb 21, 2016 9:46:19 GMT
5x loans with parts on offer All art though.
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jonah
Member of DD Central
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Post by jonah on Feb 21, 2016 9:55:02 GMT
5x loans with parts on offer All art though. What's art to one person may be meaningless scribbles to another.  There was actually a portfolio as the fifth when I originally posted the above, but that one went fast.
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mv
Member of DD Central
Posts: 156
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Post by mv on Feb 24, 2016 10:09:29 GMT
A few bits now. Not art
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Investboy
Member of DD Central
Trying to recover from P2P revolution
Posts: 564
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Post by Investboy on Feb 24, 2016 12:13:44 GMT
2 supercars from beginning of the week plus the Annex at 10% lingering..., 134k available in total.
Another platform with glut on the PM/SM
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SteveT
Member of DD Central
Posts: 6,875
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Post by SteveT on Feb 24, 2016 13:04:29 GMT
2 supercars from beginning of the week plus the Annex at 10% lingering..., 134k available in total. Another platform with glut on the PM/SM More a bulge than a glut, I feel. The supercars have always been slower to fill than other MT loans (niche asset class, all the same borrower, full-ish LTV). Bring on some of the other pipeline loans and they'll fill quickly.
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spiral
Member of DD Central
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Post by spiral on Feb 24, 2016 14:23:27 GMT
More a bulge than a glut, I feel. The supercars have always been slower to fill than other MT loans (niche asset class, all the same borrower, full-ish LTV). Bring on some of the other pipeline loans and they'll fill quickly. Was there a commitment by MT to buy ALL loans back if not sold within a time period (in order that they can be traded) or is that only applicable to certain loans?
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Post by pepperpot on Feb 24, 2016 14:40:27 GMT
More a bulge than a glut, I feel. The supercars have always been slower to fill than other MT loans (niche asset class, all the same borrower, full-ish LTV). Bring on some of the other pipeline loans and they'll fill quickly. Was there a commitment by MT to buy ALL loans back if not sold within a time period (in order that they can be traded) or is that only applicable to certain loans? I think that was to boost confidence in the Annex loan at the start of the year, saying they would remove anything unsold by 15th Jan (iirc) so as to allow trading by investors. It worked and sold out quite quick after that, negating the promise. Can't remember any other mention of it but I only had half an eye on the first couple months of MT getting going last year so might have missed something early on?
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SteveT
Member of DD Central
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Post by SteveT on Feb 24, 2016 14:43:58 GMT
More a bulge than a glut, I feel. The supercars have always been slower to fill than other MT loans (niche asset class, all the same borrower, full-ish LTV). Bring on some of the other pipeline loans and they'll fill quickly. Was there a commitment by MT to buy ALL loans back if not sold within a time period (in order that they can be traded) or is that only applicable to certain loans? The commitment was from Broadoak, as I recall, so presumably relates only to their loans. MT already own the unsold stock of the directly-sourced loans so can hardly buy them back!
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spiral
Member of DD Central
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Post by spiral on Feb 24, 2016 16:15:16 GMT
MT already own the unsold stock of the directly-sourced loans so can hardly buy them back! OK so buy back was an incorrect term to use. The point I was getting at was that for the previous loan (as mentioned by pepperpot ), this freed up liquidity as at point x in time, it was known to be tradable. I would like to invest a bit more in the car loans but won't without knowing I can sell them on if need be. Large remaining % is keeping me away for the time being. I just thought at the time it was said they would carry this through to all future loans but as mentioned, this may only be applicable to Broadoak loans. No worries, I'll just sit tight and wait for the % to drop in the next few days.
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