The William Pears Group

NameUnavailable

Does anyone know anything about this company? I think they may be the freeholders of a property I'm interested in.

NameUnavailable

No news is good news I guess!

[Deleted User]

I don't know about that.

My grandfather went off to fight in WWII and he was never heard of again. Don't think my grandmother thought that was good news. 

moneysavinghero

According to Wikipedia:

William Pears Group is one of Britain's largest property companies, with £6 billion of property in London and south-east England.

According to The Daily Telegraph, Mark Pears is a director of 212 companies, a "complex labyrinth of operating and investment companies", but won't say which is the main holding company or what the group's annual profit is.[2]

William Pears Group owns 3 - 4,000 London freehold residential properties, including large areas of Notting Hill

The Pears brothers have invested in New York City as well, through the purchase of $147 million of at least 344 unsold condominium and cooperative units in mostly 1980s-era cooperatives and one rental building, according to PincusCo Media[6]. The acquisitions began as early as 2011 and the most recent was in June 2020.

NameUnavailable

I had an absolute living nightmare with my last freeholders (private individuals) and am really worried about getting into anything like that again, hence the question. They are at least a professional property company who knows their legal obligations I guess.

I looked at/offered on a property because the agent said it has a share of freehold (I know what that means but it does give you some say in what happens at least) but confirmed today it's just a 'normal' leasehold property, albeit with a 900+ year lease.

NameUnavailable

Deleted_User said:

I don't know about that.

My grandfather went off to fight in WWII and he was never heard of again. Don't think my grandmother thought that was good news. 

Well at least that means he might not be dead.......

GDB2222

The uncertainty might have made it harder for gran to remarry.  

NaughtiusMaximus

moneysavinghero said:

According to Wikipedia:
William Pears Group is one of Britain's largest property companies, with £6 billion of property in London and south-east England.

According to The Daily Telegraph, Mark Pears is a director of 212 companies, a "complex labyrinth of operating and investment companies", but won't say which is the main holding company or what the group's annual profit is.[2]

That doesn't sound remotely dodgy