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

Estate Agent Talk

What Are The Factors To Appreciates The Real Estate Property Prices

Are you planning to sell your home? Are you buying a home? Whatever the scenario is, there are some things that you need to look after. In case you are selling your house, you have to set the price on the basis of those factors, or you need to ensure that all these things are…
Read More →
Breaking News

WEEKLY NEWS ROUNDUP – 01/07/2022

A roundup of the week’s top property and proptech news stories in partnership with Proptech-X   Table of ContentsHide On The Market: Housing market starts to rebalance as remarkable buyer and seller confidence prevails Renting to Students: TDS Poll Confirms Common Issues and Reasons for Disputes in Student Lets LexisNexis and Coadjute partner speeding property market…
Read More →
Estate Agent Talk

How can Cash House Buying Agencies thrive in 2022?

Like many other industries in the world, the UK property market is constantly evolving. Industry players therefore need to keep a keen eye on the key markers that define the state of the industry. As 2022 ushers in new changes and realities, industry players like cash house buying agencies need to arm themselves with current…
Read More →
composite gates
Home and Living

Composite Garden Fencing / Gates – Pros & Cons

As much as many of us enjoy great relationships with our neighbours, we do also relish privacy between our properties / boundaries. Years ago I remember rows of gardens with no more that a wire fence with wooden posts separating each with some having missing sections and even those totally without. Many neighbours would have…
Read More →
Breaking News

BREAKING PROPERTY NEWS – 30/06/2022

Daily bite-sized proptech and property news in partnership with Proptech-X.   Zoopla names new members of its Lettings Advisory Board, selected to support its goal to help inform how industry responds to a fast-evolving policy environment for agents, landlords and renters Zoopla, the UK’s most comprehensive property destination, is pleased to announce new members of…
Read More →
Estate Agent Talk

Why Your Multifamily Building Needs An Access Control System

Being responsible for a multifamily building requires keeping safety a priority. Security can be a concern in a building with multiple people coming in and out, which is why your multifamily building needs an access control system. There are many reasons why an access control system can be of use to a dwelling with more…
Read More →