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More than 200 tenants on benefits have been served eviction notices by a Kent property mogul worth millions. Landlord Fergus Wilson has decided not to rent any of his more than 1,000 properties in Ashford, Maidstone and elsewhere in the county to people receiving housing benefits. The 65-year-old tycoon said he prefers to rent to eastern European migrants, who he claimed are more likely to pay their rent on time. He estimated more than 50% of his tenants in Ashford - and around 90% of those in Maidstone - come from eastern Europe. Mr Wilson said: "This decision is only down to money - it has nothing to do with the personalities involved. "When it comes to money, over half of people on benefits were defaulting on their rent, and when it comes to people who are working, we've not had one single person default on one single penny. "You can appreciate why. Rents are going up in line with the price of houses, and housing benefit levels are dropping at the same time. "Tenants from eastern Europe, places like Poland, have been here a number of years now and have built up a good enough credit rating to rent privately. "We won't see the impact of more recent migration for years to come, but people on benefits are having to compete with them. "My message to people is 'get yourself a job, and you will get yourself a house'." Ex-maths teacher Mr Wilson and wife Judith have built up a property portfolio thought to be worth close to £225million. "My message to people is 'get yourself a job, and you will get yourself a house'..." - buy-to-let tycoon Fergus Wilson The couple, from Boughton Monchelsea, near Maidstone, made their millions through buy-to-let investments. Mr Wilson added: "We sent out section 21 notices telling people on housing benefits that they have to leave after six months. "I look at other landlords, and every one of them has done the same. "A lot have gone from natural wastage, as they can't afford to stay." He added: "The problem is that you have a finite number of houses, but more people wanting to rent them than places are available. "With that pressure, what tends to give is the poorest people at the bottom of the economic pile. "We are going to be in a position in the next 20 years where it becomes more and more difficult for people to find housing, and no one seems to have an answer. "You tell people in a place like Ashford that they need more housing and they're likely to lynch you - they are sick of being built on, but it's a fact." Landlord Fergus Wilson, pictured with wife Judith, is refusing to let properties to people on housing benefits Housing charity Shelter said the refusal of private landlords to accept welfare claimants as tenants is forcing some to leave their home towns or accept poor quality housing. Original Here : http://www.kentonline.co.uk/kentish_express/news/fergus-wilson-10923/
He might be one of the most influential men in Britain but multi-millionaire Martin Lewis admits he still loves a bargain Martin Lewis may be the most influential man in Britain. There can’t be many people who haven’t, wittingly or unwittingly, followed his advice. He currently holds a media royal flush: an eponymous prime-time ITV1 show, weekly high-profile radio slots, a column in this newspaper and – the ace in his unbeatable hand – a money-saving website attracting nearly nine million users a month. But right now the unofficial Financial Adviser to the Nation isn’t being influential, he’s being grumpy. I have just beaten him soundly at Scrabble and he wants Telegraph readers to know he was unlucky. (True.) And now he’s going to prove it to me. He opens his laptop and shows me one of many graphs relating to every single game he has played against his wife of four years, the television weather presenter Lara Lewington. All 915 of them. In real life, as in the game, he is “ferociously” (his word) competitive, addicted to spreadsheets and possessed of extraordinary intensity and stamina, like the Governor of the Bank of England crossed with the Duracell bunny. He does everything at top speed – he couldn’t get through his daily work mountain if he didn’t – and that includes talking. Out of curiosity I used our recorded interview to work out how fast he speaks – surely the only statistic in his life he hasn’t measured himself – and was not surprised when he attained land-based speeds of 238 words per minute: the national average is 120. More: http://www.telegraph.co.uk/finance/personalfinance/10437443/Multi-millionaire-Martin-Lewis-I-still-shop-at-Poundland.html