Well known landlords decide to sell.

June 9, 2015

Fergus and Judith Wilson are without doubt a true success story when it comes to Buy-to-Let  investing, I can rememeber back quite sometime when I read a report in one of the main stream newspapers describing how the former maths teachers recognized that the buy-to let market at the time was a matter of simple mathematics, and then went about accumulating their portfolio.

It has not always been an easy ride for them  from when they started, they have seen dips in the property market but their professionalism has seen them through with good decision making, it appears the time has come for them to make another big decision and that is to sell their portfolio of properties.

In fact the Wilsons who own around 1000 properties in the south east of England have already sold 100 properties and half of them have gone to a Chinese investor, so far they have  been advertising the properties for sale by private treaty. However, on Tuesday 16 Junet they will be marketing two homes at auction,  if successful this could be the way the other properties get sold.

The Wilsons dominate the local property market in Ashford where they hold most of their property portfolio which are mainly two and three-bedroom homes built since the 1990s valued at around £250m.

Owning such a large portfolio of properties comes with great responsibility and Wilson recognises that,   now they are in their late sixties it is now time to sell up and consider other less demanding opportunities they can manage in their later years, if they so wish that is, I did read buying a farm or two may be an opition, well good luck to them if that is the case as that could be more demanding than what they are doing now, anyway I am sure with their past record they will make the right decision.

 

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Letting Agent Talk

29 is the age house sharing becomes ‘embarrassing’

but 11% still do it, according to new Nationwide research That equates to 27 million admitting they have felt embarrassed about their living situation With 69% saying living alone is unaffordable, it’s no surprise the average age of those in house shares is 35 From moving home (12%) to living with an ex (10%), as…
Read More →
Estate Agent Talk

1 in 5 London Homes Listed in Last 30 Days

The latest research from London lettings and estate agent, Benham and Reeves, reveals that one in five homes currently for sale in London have been added to the market within the last 30 days, as sellers respond to strong buyer demand. Demand for London homes is strong Benham and Reeves has analysed current residential property…
Read More →
Commercial Agent Talk

Biggest block management headaches revealed

The latest insight from property management specialist, Rushbrook & Rathbone, has found that utilities, cleaning and gardening are the most common block management requirements, accounting for almost two thirds of all call-outs and maintenance tasks carried out in 2025. Rushbrook & Rathbone’s internal data shines a light on what most frequently drives costs when it…
Read More →
Home and Living

Invasive plants could be damaging your property

What every homeowner needs to know. Invasive plants growing in your garden could be causing serious and costly damage to your property without your realising. Some species can undermine foundations, cracking patios and driveways, and spreading rapidly beyond your boundaries, potentially leading to disputes with neighbours. The financial impact can be significant. Left untreated, these…
Read More →
Rightmove logo
Breaking News

Rents stand still at start of the year for the first time since 2017

The average advertised rent of homes outside of London remains flat (0.0%) at £1,370 per calendar month, the first time since 2017 that there has been no rise from Q4 to Q1: Average advertised rents in London rose by 0.7% this quarter to £2,736pcm Average rents outside of London are still 1.6% higher than this time last year, though this is the lowest this figure has been since 2018…
Read More →
Breaking News

London estate agents represent best value added

The latest research from AgentWise, the agent community helping to support estate agents through global collaboration and market insight, has found that London estate agents represent the best value added during the transaction process when compared to many other global property hotspots, with the average commission earned per property sitting well below other major global…
Read More →