UK ACORN,FARM FINANCE,DES PHILLIPS,BEWARE!!!!!

[Red Bull]

Does this mean that the buyer for the Tin Shed was not real, or did not have the money, or did Lendy find out that it was in fact Des under another name?

It certainly looks like a confused situation, but can you expect anything else with Des involved. As for the auction proposed for September 6th, since the possession hearing is only set for August 25th, such a proposal appears optimistic especially when the Des factor is again involved. One can only question how much of this is for domestic investor consumption as the Loan Book appears as healthy as the others being mentioned. There again as Des is well known to the F.C.A., the D.B.I.S. and the F.S.A. before, they need to look no further to obtain detailed insight as to how the P.2.P. lending is abused by con artists as they have yet to issue guide lines on how such lending should proceed.

 

[Acornworm]

It certainly looks like a confused situation, but can you expect anything else with Des involved. As for the auction proposed for September 6th, since the possession hearing is only set for August 25th, such a proposal appears optimistic especially when the Des factor is again involved. One can only question how much of this is for domestic investor consumption as the Loan Book appears as healthy as the others being mentioned. There again as Des is well known to the F.C.A., the D.B.I.S. and the F.S.A. before, they need to look no further to obtain detailed insight as to how the P.2.P. lending is abused by con artists as they have yet to issue guide lines on how such lending should proceed.

Have they evicted the tenant yet? Thought that might be their first move.

 

[Red Bull]

Have they evicted the tenant yet? Thought that might be their first move.

Will that not follow the possession hearing set for August 25th. Apparently Talpa, the expert is dismissing all of this as a storm in a tea cup and not to believe all you read on the internet. Interesting reading the next Lendy update this week to see who is bluffing who or what spanners are thrown into the cogs of justice.

 

[Acornworm]

Perhaps the rent is being paid by the tenant Des Phillips,director of Agri Funding Ltd to the receivers,whose duty it is to collect all rents,and who are technically 'standing in the shoes' of the defaulting borrower,Des Phillips of Agricultural Properties Ltd ??

 

[fighter]

Perhaps the rent is being paid by the tenant Des Phillips,director of Agri Funding Ltd to the receivers,whose duty it is to collect all rents,and who are technically 'standing in the shoes' of the defaulting borrower,Des Phillips of Agricultural Properties Ltd ??

Sounds like a Des arrangement
But why do they allow it.
Strange thing is when Des organised mortgages for others, always had to be personal, no mortgages for companies, so all properties were at risk. Funny that, he can sort it for himself!

 

[Acornworm]

Sounds like a Des arrangement
But why do they allow it.
Strange thing is when Des organised mortgages for others, always had to be personal, no mortgages for companies, so all properties were at risk. Funny that, he can sort it for himself!

Ah, but Lendy are ok,they've got a personal guarantee

 

[Vile Farm]

Whoops well I never.... LPA receiver is concurrently working on a potential consensual settlement with the borrower.

= Des 1 Lender 0 looks like the tin shed leaving do is off, the refinance should be interesting!

 

[Acornworm]

http://p2pindependentforum.com/thread/3521/pbl064-tenanted-office-block-somerset?page=45
These people seem equally amused/bemused,dependent of course whether or not they have a financial interest.

 

[fighter]

Whoops well I never.... LPA receiver is concurrently working on a potential consensual settlement with the borrower.

= Des 1 Lender 0 looks like the tin shed leaving do is off, the refinance should be interesting!

Funny when a LPA reciever instructed against Des, they can manage to work towards a consensual settlement, but when Des or any of his friends appoints a LPA reciever, there is no such option!

 

[Acornworm]

Whoops well I never.... LPA receiver is concurrently working on a potential consensual settlement with the borrower.

= Des 1 Lender 0 looks like the tin shed leaving do is off, the refinance should be interesting!

Shame,we might never see that personal guarantee tested............pending refinance of course

 

[fighter]

http://p2pindependentforum.com/thread/3521/pbl064-tenanted-office-block-somerset?page=45
These people seem equally amused/bemused,dependent of course whether or not they have a financial interest.

They should be hammering on the doors of SFO crying FRAUD

 

[Acornworm]

They should be hammering on the doors of SFO crying FRAUD

So should the victims of Connaught,...............but they aren't,or are they just resigned to the fact that the SFO aren't really interested.

 

[Acornworm]

https://www.ft.com/content/905ed886-6924-11e1-9931-00144feabdc0
Couldn't remember this one at the time,it happened in 2009,but thought the profile of the man was similar.

 

[mgb]

I would love to know who true investors behind Connaught really are? Cloak &a dagger I suspect

 

[Red Bull]

Whoops well I never.... LPA receiver is concurrently working on a potential consensual settlement with the borrower.

= Des 1 Lender 0 looks like the tin shed leaving do is off, the refinance should be interesting!

It certainly appears Lendy have been well and truly up the creek for the last 12 months and Talpa was not the one bluffing. Considering the score is more like 6 - 0 on aggregate, a no contest. The members on the other thread are none too happy but in the words of Toad he is a business man and allowed to do what he does. A case of psycho stalking yet again.

 

[Acornworm]

Stalking is certainly a correct description as it seems as though everybody is always a step behind the courageous financier,but,should he stumble,what might happen?
In the meantime the Talpa is keeping a low profile,watching for arsenic laced worms and cold steel in his little world.

 

[Acornworm]

Will that not follow the possession hearing set for August 25th. Apparently Talpa, the expert is dismissing all of this as a storm in a tea cup and not to believe all you read on the internet. Interesting reading the next Lendy update this week to see who is bluffing who or what spanners are thrown into the cogs of justice.

I presume the Talpa you refer to is one of the genus Talpus minimus obnoxious.

 

[Vile Farm]

& prone to pop up like whack a mole when endangered

 

[Red Bull]

I presume the Talpa you refer to is one of the genus Talpus minimus obnoxious.

That's it, got it in one. A subspecies resident only on Exmoor.

 

[Acornworm]

That's it, got it in one. A subspecies resident only on Exmoor.

Sorry,I thought that was Talpus micromus corruptus.(Which has been on occasions found in Scotland)