The Wilsons - 875 buy to let property empire

GDB2222

stevetodd wrote: »

Read my answer on the other thread, ie about the yield, the yield needs analysing more deeply than simply expressing it as gross rent to purchase price

See my answer on the other thread. In this case, you have no details at all about the properties, so any deeper analysis is impossible. I don't want to appear antagonistic, because I am sure we are basically in agreement about what calculations are need. I am just painting with a broader brush than you, because we do not have a specific property in mind.

jimcoxell

Ironically it looks like they have been kicked off of cyberspace for non payment of rent

www.wilson-property.co.uk/

stevetodd

GDB2222 wrote: »

See my answer on the other thread. In this case, you have no details at all about the properties, so any deeper analysis is impossible. I don't want to appear antagonistic, because I am sure we are basically in agreement about what calculations are need. I am just painting with a broader brush than you, because we do not have a specific property in mind.

ok answered there

Jaymz

jimcoxell wrote: »

Ironically it looks like they have been kicked off of cyberspace for non payment of rent

www.wilson-property.co.uk/

Hahaha!!!

Please contact the billing department! Obviously can't afford the £20 or so quid hosting costs these days!

mystic_trev

PROPERTY magnates Fergus and Judith Wilson say Ashford homeowners need not worry about the market being flooded by homes when they sell their portfolio of properties.

The duo have revealed they intend to sell the bulk of their property empire due to the collapse in the housing market, and retire.

But the announcement had sent shockwaves in the local market that a flood of homes could drive the prices down even further.

Fergus Wilson moved to allay such fears however.

He told Yourashford: “We have a moral and social responsibility not just to sell everything and flood the market in one go.”

The Wilsons say they own around 200 two and three-bedroom houses in the Ashford area – many of them in Park Farm.

He said they were now trying to find a major investor to buy their portfolio and were looking for a pension company or investors from Russia or Bulgaria.:rolleyes:

Mr Wilson added he was now exploring working on a TV programme offering people financial advice.

:rotfl: :rotfl: :rotfl:

http://www.kentnews.co.uk/kent-news/We-will-not-flood-market-vows-millionaire-landlord-newsinkent17025.aspx?news=local

scousethife

He said they were now trying to find a major investor to buy their portfolio

why would anyone buy 900 houses in a free falling market?

Max_Headroom_3

Last failing attempt to keep the "big Shot" profile going, trying to suggest that his "business" is of the magnitude that might attract serious Russian investment. :rolleyes:

As opposed to what it really is, an over leveraged under performing over sized mutated BTL experiment that's very quickly going very badly wrong.

baby_boomer

“We have a moral and social responsibility not just to sell everything and flood the market in one go.”

:rotfl:

Mr Wilson added he was now exploring working on a TV programme offering people financial advice

:rotfl:

Both priceless. Thanks m_t. I don't suppose the TV companies will touch him with a barge-pole, either on reputation or personality grounds.

Zandoni

The Wilsons say they own around 200 two and three-bedroom houses in the Ashford area – many of them in Park Farm

Thought he had 900, how strange.......

Thomas99

Jaymz wrote: »

Hahaha!!!

Please contact the billing department! Obviously can't afford the £20 or so quid hosting costs these days!

The poor guy probably overlooked the email reminder, while he was busy looking for Russian oligarchs to off load his empire.