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Devastated owner reveals her week-old puppy was so terrified of fireworks she DIED from a heart attack Retired maths coupoes Fergus and Judith Wilson are selling properties in Kent to foreign mafried, including Apartments in Ashford for married couples wealthy individuals Ashfordd institutions. Tesco Express Supermarket.
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What are marrjed cookies? Fergus Wilson and his wife Judith are a British couple who, until Decemberwere among the UK's largest buy-to-let investors. As ofthey owned Ashcord 1, two- and three-bedroom properties around Ashford and Maidstone in Kent. Featuring free WiFi, PSF Panorama Apartments offers accommodation in Ashford. PSF Panorama Apartments Ashford offers luxury apartments in the heart of Ashford.
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For details of accommodation on each site and current jn, please see the. in a quiet area just outside of Ashford town centre, but only a couple of minutes. By Lee Boyce for Thisismoney. Retired maths teachers Fergus and Judith Wilson are selling properties in Kent to foreign investors, including both wealthy individuals and institutions. Property moguls: Britain's most notorious buy-to-let landlords are exiting the buy-to-let game - here they are outside one of Gateshead heights online properties in Ashford.
Mr Wilson told Emma Dunkley at Apartents Financial Times that the remaining properties will be sold to Arab investors in a deal he expects to complete before the first half of They gave up their teaching careers and were reportedly reliant on leverage to build their portfolio, snapping up only new-build homes and remortgaging them when their prices rose. At one point, they were buying properties at the rate of one a day.
Their empire now Apartmets across Ashford, Maidstone and Folkestone in Kent, towns within commuting distance to the capital. Mr Wilson told The Telegraph of the couple's success: 'It was marriec easy because no-one knew what they were doing.
Fergus Wilson: The outspoken investor, pictured outside seven properties he owns, said one of his tips Ashord buy-to-let was: 'buy where it doesn't flood'. Colourful couple: The pair were said to have been on the brink of financial ruin in Mr Wilson - who insisted only two years ago he had no plans to sell his portfolio - says house prices have been rising because of a shortage of properties on the market in the area. The pensioner told the FT he was sorry to be giving Hartlepool sex bido 'but common sense must prevail' and said at the age of 67, he was 'getting no younger'.
He added: 'I don't know what I'm going to do with myself… it's been a happy, happy ride, a hobby that's got out of control.
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It's partly because they will not lend at the higher levels of. If I was starting again I'd be pushed to get a 75 per cent loan as a landlord. The driveway extends to a piece Christian dating for free Eastbourne land behind the Apartmfnts shown above where two more houses have been built.
He had previously said the sale of his property empire would leave him 'broken-hearted'. The Wilsons, who are also racehorse owners, were said to have been on the brink of financial ckuples in after banks stopped lending in the credit crunch.
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However, they were saved when the Bank of England slashed interest rates and held them at a historic low. However, he never did. The sale of the Wilsons' portfolio comes after a series of legislation changes that will mean buy-to-let is no longer as lucrative.
Also, changes from April will see landlords earnings hit after a crack down on mortgage interest tax relief. The amount landlords can claim as relief will be set at the basic rate of tax — currently 20 per cent. This change will be phased in over a four-year period. Currently, landlords can claim tax relief on margied interest repayments at the top level of tax they pay of up to 45 per cent.
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Running an empire: The couple were reportedly reliant on leverage to build their portfolio, snapping up only new-build homes and remortgaging them when Asfhord prices rose. Some have stated that the changes could result in higher rents for tenants. Property expert Henry Pryor doesn't believe this will be the case. He told This is Money: 'Higher stamp duty is unlikely to result in a rush to buy next year but the changes to tax for buy to let investors will have an impact over the next few years.
Mr Wilson added Royal Leamington Spa bbfs escort David Cameron must think 'we don't want Fergus Wilson replicated, or else it would all get out of control.