Tuesday, 15 September 2015

As Migrants Fill His Properties, Fergus Wilson Puts Up Rents By 33%

Fergus Wilson, Britain’s most controversial buy-to-let landlord, is increasing rents across his 900 houses in Kent by up to 33% and filling his properties with eastern European migrants – while at the same time saying that Britain is heading for a “housing disaster”. Wilson told Guardian Money that when he let a three-bed mid-terrace home in Maidstone, Kent, last weekend, he managed to hike the rent from £900 a month to £1,200. Most of the demand, he says, is from migrants who are willing to pay higher rents than other local residents. He will now be seeking similar rent increases across his property empire. Read more on the Guardian website.

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