hazellend
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Post by hazellend on Feb 21, 2017 20:19:15 GMT
Bit annoyed I didn't get an email about this but looks like another tranche has been released.
There's no breakdown of fees yet. Can anybody who knows please update this thread?
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Post by sayyestocress on Feb 22, 2017 9:10:13 GMT
There's no breakdown of fees yet. Can anybody who knows please update this thread? I imagine they would be the same as those listed on their how it works page for private equity investments, though in that table the 'upfront fees' can be a range from 5% to 8% and I don't think they've specified the value within the SPV56 spiel...
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djpix99
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Post by djpix99 on Feb 22, 2017 13:43:08 GMT
It doesn't mention what will happen to the income recived from the students currently letting the rooms in the meantime. Would be nice to recive a small amount of rent while we await the leasing/sale of the properties.
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hazellend
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Post by hazellend on Feb 24, 2017 10:53:43 GMT
Help please. It looks like the plan is to change the student accomodation to temporary accomodation providing a higher index linked guaranteed (government) yield.
What I don't understand is the exit strategy circa Sept 2019.
Are they planning on selling the portfolio for a profit? If they cannot sell the portfolio will we get income from it long term?
Looks like a good investment but not sure of our part.
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Neil_P2PBlog
P2P Blogger
Use @p2pblog to tag me :-)
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Post by Neil_P2PBlog on Feb 24, 2017 12:30:57 GMT
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hazellend
Member of DD Central
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Post by hazellend on Feb 24, 2017 17:12:51 GMT
thanks
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jnm21
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Post by jnm21 on Feb 19, 2019 5:36:58 GMT
Gotta hand it to PM - nothing if not consistent!
They had implemented a weekly digest of updates, but probably turned it off for good reason - answers on a postcard.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on May 23, 2019 10:44:32 GMT
Anyone in this investment should have received an important update via email.
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j
Member of DD Central
Penguins are very misunderstood!
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Post by j on May 23, 2019 10:49:13 GMT
Anyone in this investment should have received an important update via email. Only had about 3-4 months to repayment if I remember correctly. Coincidence?!
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nw99
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Post by nw99 on May 23, 2019 12:01:38 GMT
Yes not good news at all
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benaj
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N/A
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Post by benaj on May 23, 2019 16:42:41 GMT
Anyone in this investment should have received an important update via email.  "Please ensure that payments are received by the SPV by 12pm on 28 May 2019." to raise an 20% p.a unsecured loan. Does anyone has info know the borrower, can repay this loan in full with interest in 3 years?
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jnm21
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Post by jnm21 on May 23, 2019 22:04:36 GMT
Surely the bank can't just turn up & revalue at a more prudent level, say the LTV is now too high & stamp their feet?
Surey this is similar to those poor folk facing negative equity - I've never heard of them being asked to repay a chunk (~15%) of their mortgage or face foreclosure!
I only have 22 shares - tempted to put in the £50... what are your thoughts?
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jnm21
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Post by jnm21 on May 23, 2019 22:06:05 GMT
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jnm21
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Post by jnm21 on May 26, 2019 21:47:42 GMT
Anyone care to share? Are you investing, are you offering to invest extra?
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pom
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Post by pom on May 27, 2019 8:57:08 GMT
I am in order to protect my existing investment and at 20% I'd like to invest more, but am actually trying to sell out some investments at the moment as I'm overinvested for my plans
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"Please ensure that payments are received by the SPV by 12pm on 28 May 2019." to raise an 20% p.a unsecured loan. Does anyone has info know the borrower, can repay this loan in full with interest in 3 years?
