UK’s Biggest Buy to Let Couple to Sell Property Portfolio
The UK’s biggest buy to let couple are set to sell their entire property portfolio for £250 million. Fergus and Judith Wilson are selling the remainder of their property portfolio, which is made up of 900 houses, most of which are based in Kent. The couple are selling the houses to Arab investors. The sale of the property portfolio is due to complete within the first quarter of 2016. The 900 houses are being sold via quick house sale process whilst still selling at market value, with an additional £1 million bonus.
The couple already sold 100 houses of their property portfolio to Chinese and Indian investors in June 2015.
The entire property portfolio sale is being sold with tenants. The entire property portfolio generated an annual rental income of £12 million.
Fergus and Judith started investing 30 years ago. Both teachers at the time, managed to buy houses quickly when house prices were low. They were soon able to retire. At one point they were buying houses at the rate of one per day. The couple were positioned 34th in the Sunday Times Rich List in 2009.
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