Monday, Nov 12, 2018

Wilsons threaten to sell up (again)

Kent Online: Property tycoon Judith Wilson, wife of Fergus Wilson, must reveal wealth

The Wilsons failed to comply with a court order requiring them to fix a disabled tenant's boiler. Judith must now reveal her financial situation so that the court can impose a (potentially unlimited) fine.
It is so Judge Barron can get a better picture of her wealth before sentencing – including assets, banked money and joint accounts.
The ruling will “accelerate the rate” tenants are evicted as the couple look to sell up their housing empire, Mr Wilson said.
"It means we will be selling more properties," he said. "We were selling up anyway because of our age - I could drop dead tomorrow.
“We won’t put all the homes on the market at once because that would mean house prices will drop.”

Posted by little professor @ 03:06 PM (2137 views)
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1. quiet guy said...

@Little Professor

Thanks for posting. It's nice to see that one of the old time contributors is still around (I hope you won't mind that wording.) Not so great to see that the Wilsons are still, well just the wilsons.

Tuesday, November 13, 2018 02:14AM Report Comment

2. wdbeast said...

Our old friends back in the press again, same stock photo too.
I do hope we all get to enjoy the demise of the "BTL Property Empire" and have a good laugh at his line “We won’t put all the homes on the market at once because that would mean house prices will drop.” once he becomes a forced seller.

Tuesday, November 13, 2018 03:07PM Report Comment

3. landofconfusion said...

"We were selling up anyway because of our age - I could drop dead tomorrow."

That would be nice.

Tuesday, November 13, 2018 05:50PM Report Comment

4. khards said...

I recall them saying they are selling bac in '08

Wednesday, November 14, 2018 02:11PM Report Comment

5. jack c said...

Selling up yet again ! this time before prices come off 35% as suggested by Mr Carney at BOE

Thursday, November 15, 2018 10:24AM Report Comment

6. crash bandicoot said...

Wouldn't it be a lovely piece of irony if the Wilson's massed sell-off became the trigger for a crash?

Thursday, November 15, 2018 01:45PM Report Comment

7. wdbeast said...

cb - Like your thought process, The Wilsons could be the Lehman Brothers of the 2019 House Price Crash!

Thursday, November 15, 2018 02:12PM Report Comment

8. pete green said...

The comments section are comedy gold such as the Krankees tribute act & installing flood defences in the cemetery where they are buried due to the volume of piss going on thier graves.

Friday, November 23, 2018 02:52PM Report Comment

9. paul said...

Couldn't happen to nicer people.

No, it really couldn't. Hello little professor. Nice to see you still here.

I've had a hiatus myself.

Friday, November 23, 2018 07:34PM Report Comment

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