SteveT
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Post by SteveT on Jun 15, 2017 12:57:19 GMT
4 new Pipeline loans available
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ash83
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Post by ash83 on Jun 30, 2017 15:38:34 GMT
** C***** S***** T********* Rotherham *** *** Has any one done any research on this one? or lives localy? It seems a bit strange that the open market value is 120K. Zoopla is estimating 58K (I know this is not accurate but still really far off!). and none of the houses on that road aren't anywhere close to 120. I'm a beginner and looking for my first investment in BC. However want to make sure I have done my research first
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Steerpike
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Post by Steerpike on Jun 30, 2017 15:57:49 GMT
On the market 2 years ago for just under £90k, picture on BC looks like it was lifted from G Street view and is out of date (2009), current extension is double storey, coupled with end of terrace, garage and driveway, means it should be worth more than other houses in that block, but £120k looks toppy.
Not my cup of tea, I prefer bigger assets :-)
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ash83
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Post by ash83 on Jun 30, 2017 17:37:10 GMT
On the market 2 years ago for just under £90k, picture on BC looks like it was lifted from G Street view and is out of date (2009), current extension is double storey, coupled with end of terrace, garage and driveway, means it should be worth more than other houses in that block, but £120k looks toppy. Not my cup of tea, I prefer bigger assets :-) Steerpike: Just out of interest why do you prefer bigger assets? In case they're defaulted won't it be easier and more likely to sell a smaller asset rather? Thanks
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Steerpike
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Post by Steerpike on Jun 30, 2017 18:29:49 GMT
Once Mr Bigfees gets called in to do the cleaning funds fly out of the door faster than you can say pas d'argent dans une petite maisonette.
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bababill
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Post by bababill on Jul 1, 2017 4:25:57 GMT
@new2p2p calls it the 'Wriggle Test"
"Each to their own I guess, but on lower value properties (<£1M) I take the 90-day valuation and so long as there is £150k(ish) wriggle-room to cover default legals and accrued interest, then I'm happy"
Can't remember where the original is located so I am simply cutting and pasting from my spreadsheet.
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fp
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Post by fp on Jul 9, 2017 22:03:15 GMT
** C***** S***** T********* Rotherham *** *** Has any one done any research on this one? or lives localy? It seems a bit strange that the open market value is 120K. Zoopla is estimating 58K (I know this is not accurate but still really far off!). and none of the houses on that road aren't anywhere close to 120. I'm a beginner and looking for my first investment in BC. However want to make sure I have done my research first I haven't researched it, but know the area and immediately thought the value was too high when I spotted it today.
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gb007
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Post by gb007 on Oct 27, 2017 15:21:00 GMT
A new 2-tranche London loan listed today
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ding
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Post by ding on Nov 13, 2017 12:53:41 GMT
Some loans go very quick. Dates are emails from Friday.
16:20 Live Secured Loan Opportunities - 03/11/17 <- just noticed they got the date wrong ** logged in and ordered 5k of Cambridge (£54k loan) ** 16:24 New investment pending 16:39 This loan was over-subscribed
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Post by p2ples on Nov 13, 2017 18:47:35 GMT
Some loans go very quick. Dates are emails from Friday. 16:20 Live Secured Loan Opportunities - 03/11/17 <- just noticed they got the date wrong ** logged in and ordered 5k of Cambridge (£54k loan) **16:24 New investment pending 16:39 This loan was over-subscribed I'm in a similar situation with the Southend-on-Sea loan. It was available when I committed £5k on Friday, then I got an email to say my investment was pending and 'if the loan is over subscribed we may have to reduce your allocation'. This evening, another email informs me 'This loan was over-subscribed and as such you have not been allocated any amount'. Why does BridgeCrowd state that loans are available when clearly they are not? I would have thought that as investments are made in a loan, the amount still available would automatically reduce and when the total amount was invested, the loan would be flagged as funded and no further investments would be possible. Or is that too simple?
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SteveT
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Post by SteveT on Nov 13, 2017 19:07:36 GMT
It is, I'm afraid. Your bid joins a queue of "pending bids" for that loan, which are then allocated manually some time later.
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IFISAcava
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Post by IFISAcava on Nov 13, 2017 19:11:44 GMT
It is, I'm afraid. Your bid joins a queue of "pending bids" for that loan, which are then allocated manually some time later. also, auto-invest gets allocated first, but auto-investers can opt to "de-invest" so loans do become available down the line.
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Post by bridgecrowd on Nov 29, 2017 15:15:42 GMT
Some loans go very quick. Dates are emails from Friday. 16:20 Live Secured Loan Opportunities - 03/11/17 <- just noticed they got the date wrong ** logged in and ordered 5k of Cambridge (£54k loan) **16:24 New investment pending 16:39 This loan was over-subscribed I'm in a similar situation with the Southend-on-Sea loan. It was available when I committed £5k on Friday, then I got an email to say my investment was pending and 'if the loan is over subscribed we may have to reduce your allocation'. This evening, another email informs me 'This loan was over-subscribed and as such you have not been allocated any amount'. Why does BridgeCrowd state that loans are available when clearly they are not? I would have thought that as investments are made in a loan, the amount still available would automatically reduce and when the total amount was invested, the loan would be flagged as funded and no further investments would be possible. Or is that too simple? Good Afternoon Social Investors, We manually accept allocations, we apologies that loans can still be advertised as having availability, this is unfortunately due to the system having backlog with accepting pending investments. We aim to accept allocations as soon as the come through, as you can imagine with such high volume of investors it sometimes takes slightly longer. Please be award that in the New Year the system will automatically accept application and eradicate this problem. Regards BridgeCrowd
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