Post by Collateral Rep on Nov 9, 2017 12:34:26 GMT
Re: BL00074-75-76-77 Eco Village at Nether Kypeside, Deadwater, Lesmahagow, Lanark
With regards to the above loans, it's clear that the take up is slow. We've had conversations with the borrower and they have agreed to offer an incentive.
We have applied a Cashback incentive which will also apply to existing loan parts bought. The total loan parts bought over all 4 parts will be combined as one total and will receive the relevant cashback percentage.
For example if £12,500 was bought in each of the 4 parts it would total £50,000 and would receive 3% Cashback.
The following Cashback rates will apply.
Any purchase made whilst the Primary Market is active receives cashback.
Any purchase made whilst the Secondary Market is active, does not receive cashback.
Cashback will be paid to investors the day after drawdown.
For Investments of £0.00 - £4,999.99 - 0.25% Cashback For Investments of £5,000.00 - £9,999.99 - 0.5% Cashback For Investments of £10,000.00 - £24,999.99 - 1.0% Cashback For Investments of £25,000.00 - £49,999.99 - 2.0% Cashback For Investments of £50,000.00 - £99,999.99 - 3.0% Cashback For Investments of £100,000.00 + - 4.0% Cashback
Post by Collateral Rep on Dec 21, 2017 12:35:31 GMT
The following loans are set to redeem or renew/extend from the 25th of December to the 31st of December.
30/12/2017 BL00035 - Redeem (legals are trying to complete by the end of the year but due to the holiday season it may go into the New Year) 30/12/2017 BB00538 - Renewal 30/12/2017 BB00539 - Renewal 30/12/2017 BB00540 - Renewal
Loans that are to be renewed will be listed from 9am with all redemptions for that day before 9am. This may change, but will let you know if it does.
Please remember if you wish to keep your investment in any of the loans which are to be renewed, make sure you have ticked Renew Investment in "My Loans".
Note that this is the current indication from the borrowers but is of course subject to change.