Debate House Prices


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The Wilsons - 875 buy to let property empire

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Comments

  • It must feel funny having we agressive posters all going gooey over your son. I do think he is a beautiful child.:A Not many kids win out over kittens for me, ;)

    Me neither, actually! I rather like kittens myself (-:
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • Such a handsome chap. I bet his mum's a real cutie.

    No, strictly back-of-the-bus looks in the mother department.
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • LOL, i thought the cutie was a girl in the old picture, until neverdespairgirl mentioned "Isaac" :o

    Definintely male. I changed the nappies (-:
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • I just find it odd that she should name him after a Tax Free Savings Account :confused:

    That's MSE to the extreem.:rotfl:

    <groan>

    not thought of that one before! Oh well, we'll have to have Tessa next.
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • dopester
    dopester Posts: 4,890 Forumite
    Whilst it is a shop of some kind that has closed down (ex-EA?), if they become more frequent in residential, these types of falls in price must rock some people with big portfolios in Ashford.

    http://www.rightmove.co.uk/viewdetails-16220431.rsp?pa_n=3&tr_t=buy&mam_disp=true

    Ashford, Kent £110,000 3 bedroom house

    26 September 2008
    * Price changed: from '£160,000' to '£110,000'
    * Status changed: from 'Sold STC' to 'Available'

    11 July 2008
    * Price changed: from '£170,000' to '£160,000' [Found by BlueRat]

    02 June 2008
    * Price changed: from '£199,950' to '£170,000' [Found by qska2]

    09 March 2008
    * Status changed: from 'Available' to 'Sold STC' [Found by Zymorph]

    03 February 2008
    * Initial entry found.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    In the past I fancied the idea of a property with a retail bit. I would have run a secretarial/typing service.

    Obviously things moved on and PCs are now used. But I still look at spaces like that and wonder if I should still go for it.

    But then I remember the annoying people (aka customers). And I know it would be a bad move for me.
  • Nothing wrong with changing it....just the old one looked so dainty.

    So - hope you are happy with Isaac Mark Two pic?
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • GDB2222
    GDB2222 Posts: 26,293 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    So - hope you are happy with Isaac Mark Two pic?


    I keep inking in speech bubbles on the new one: 'Okay buy me 50,000 at £2.50'. That kind of thing.

    It's made a dreadful mess of my TFT display.
    No reliance should be placed on the above! Absolutely none, do you hear?
  • Turnbull2000
    Turnbull2000 Posts: 1,807 Forumite
    From the Fool.co.uk forum
    PRICE PAIN Rich list couple say market slide is hitting hopes of buy-and-let gains

    'We may start selling our property empire'
    by Trevor Sturgess

    FERGUS and Judith Wilson, Kent's biggest landlords are considering selling a substantail number of their homes, it can be revealed.

    feergus Wilson, who recently turned sixty, admitted this week that he did not want to be the richest man in the graveyard.

    The Wilsons own more than 700 properties across the county, but mainly in Ashford and Maidstone.

    They have made a fortune from their investment and made The Sunday Times Rich List with assets valued then at £300 million.

    Mr Wilson revealed that a number of property companies had shown interest in buying some of their portfolio. Around 300 properties could be involved in any deals.

    The fAall in property prices-or at least a flattening in values of the typical three-bedroom terrace home owned by the Wilsons-has prompted them to consider a sell-off.

    "We're making our money out of capital gains," Mr Wilson said. "if there is to be no capital gain in the next three years, we might as well sell them now."

    Mr Wilson said that as far as buy-to-let investment was concerned the party's over.

    The Wilsons made their fortune by investing in a rising market, with minimal or nil deposit. Now buy-to-let lenders, if you can find them-Bradford & Bingley now being broken up was a major buy-to-let lender- are demanding up to 35 percent of the purchase price.

    "there's not going to be an awful (amount?) of capital appreciation in the next three years, " Mr Wilson added. "You must think it's time to go

    "My wife and i are quite clear- there won't be much more capital gain and we might as well knock it on the head as early as possible.

    "If somebody came along and we could get the right deal, we would be mindful to do it."

    Meanwhile, the Wilsons are still pursuing their dream of developing a retirement village at Boughton Monchelsea.

    It has run into planning obstacles but Mr Wilson is hoping to convince councillors that it is "the only game in town"

    Interest only mortgages and reliant on capital gains. This should be fun :j
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • SouthCoast
    SouthCoast Posts: 1,985 Forumite
    Meanwhile, the Wilsons are still pursuing their dream of developing a retirement village at Boughton Monchelsea.

    It has run into planning obstacles but Mr Wilson is hoping to convince councillors that it is "the only game in town"

    Behind the times as it should be an eco-town.
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