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201p

Time To Raise The Rents

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http://www.dailymail.co.uk/news/article-6022709/Britains-biggest-buy-let-tycoon-raises-rent-HOUR-rate-rise.html

Britain's biggest buy to let tycoon added an extra £50 a month to the rent within an hour of interest rates being increased, it was revealed today.

Fergus Wilson, who owns hundreds of houses and flats in the south of England, said he was increasing the rent of his 400 homes 'immediately'.

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If it is so easy to raise rents then that's at least several months of £50x400=£20,000 per month that he's been missing out on; the rate rise doesn't automagically give people more money to spend on rent, so if they can afford the rent rise now they could have afforded it before.

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On 03/08/2018 at 14:47, sancho panza said:

No.

Tenants have to agree to the increases.He may get a few voids for his trouble.

 

Wilson's business must be teetering on the brink. It's probably not proven to be the clever wheeze he thought and he realises he has just become a debt collector for the banks rather than a respected property tycoon.

The result is that Fergus must hate his Master more than he despises his tenants.

This 'threatened' rent hike is a petulent gesture to the 'Government and the Banks', cutting off his nose to spite his face. It's no more than a temper tantrum.

 

Edited by Hopeful

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On 03/08/2018 at 11:33, 201p said:

http://www.dailymail.co.uk/news/article-6022709/Britains-biggest-buy-let-tycoon-raises-rent-HOUR-rate-rise.html

Britain's biggest buy to let tycoon added an extra £50 a month to the rent within an hour of interest rates being increased, it was revealed today.

Fergus Wilson, who owns hundreds of houses and flats in the south of England, said he was increasing the rent of his 400 homes 'immediately'.

I don't know why, but whenever I see him I am reminded of BoJo...do you think they came from the same womb?

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2 hours ago, Hopeful said:

 

Wilson's business must be teetering on the brink. It's probably not proven to be the clever wheeze he thought and he realises he has just become a debt collector for the banks rather than a respected property tycoon.

The result is that Fergus must hate his Master more than he despises his tenants.

This 'threatened' rent hike is a petulent gesture to the 'Government and the Banks', cutting off his nose to spite his face. It's no more than a temper tantrum.

 

Not sure about that, seen how much prices have gone up since he bought .. he was selling them off in dribs and drabs a few years ago no idea what he is down to.

He's had 10 years of ZIRP with several more years of it to come to pay off the mortgages.

Pity S24 didnt come in sooner as that may well have wiped him out but for some reason the Tory party decided to give themselves and their parasitic voters 6 yer to get their house in order.

But he is the most perfect example of who the LIBLABCON BoE/Carney/King have bailed out, at the expense of millions of working people and their children.

Edited by Banned

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3 minutes ago, Banned said:

Not sure about that, seen how much prices have gone up since he bought .. he was selling them off in dribs and drabs a few years ago no idea what he is down to.

He's had 10 years of ZIRP with several more years of it to come to pay off the mortgages.

Pity S24 didnt come in sooner as that may well have wiped him out but for some reason the Tory party decided to give themselves and their parasitic voters 6 yer to get their house in order.

But he is the most perfect example of who the LIBLABCON have bailed out, at the expense of millions of working people and their children.

In which case, he has no excuse, he is just a c*nt

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1 hour ago, Hopeful said:

In which case, he has no excuse, he is just a c*nt

Not quite accurate with your description of Wilson there mind Hopey.

Actually he's a fat cunt...!

Britain's biggest property tycoon...?

Round the waist the fat bastard certainly is...

 

ferguswilson2903a.jpg

 

XYY

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30 minutes ago, The XYY Man said:

Not quite accurate with your description of Wilson there mind Hopey.

Actually he's a fat cunt...!

Britain's biggest property tycoon...?

Round the waist the fat bastard certainly is...

 

ferguswilson2903a.jpg

 

XYY

Good to see all that money coming in hasn't made him happy.

When they start putting warning pictures on sugary drinks about causing diabetes this one will be ideal.

 

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13 hours ago, Bobthebuilder said:

What an arseole, i for one cant wait for his decline. Its been a long time coming.

But the LIBLABCONs have spent a decade making sure his kind are well looked after and never suffer a decline.

The copper he's trying to get sacked is the type of person who will be renting off him due to monetary and fiscal policy of the last 18 years.

Fact is he's 70 a fat fuck with not long left; he has won.

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8 hours ago, Banned said:

But the LIBLABCONs have spent a decade making sure his kind are well looked after and never suffer a decline.

The copper he's trying to get sacked is the type of person who will be renting off him due to monetary and fiscal policy of the last 18 years.

Fact is he's 70 a fat fuck with not long left; he has won.

I agree, but lets see shall we.

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