UK’s biggest Landlord loses court case

The tenants were awarded £2,500 in damages over damp in property

One of Britain’s best-known landlords, Fergus Wilson, has launched an appeal after losing a case regarding a damp property.

The tenants, Attila Lant and Eva Nemeth, complained about their rental property being damp and uninhabitable.

Wilson inspected the property and alleged that the tenants had caused the damage.

Wilson, who owns a vast property portfolio with his wife, Judith, subsequently sued the tenants for failing to carry out repairs at the property.

This is despite the rental property’s tenancy agreement allegedly having a clause which prohibited tenants from attempting repairs without the landlord’s permission.

At a hearing earlier this month, Deputy District Judge Adams said that he could not understand why the leak was not fixed and concluded that the matter was the landlord’s responsibility to repair.

The tenants were awarded £2,500 in damages.

According to Kent News, Wilson believes the court’s decision to throw out his case was a ‘legal error’ and he is now launching an appeal against the decision.

The Wilsons, widely considered to be the UK’s largest private landlords, announced at the end of 2015 that they were selling their £250 million portfolio in response to incoming tax changes introduced by former chancellor George Osborne,

A recent report in the Financial Times claimed the landlords have since sold around 400 of their 900-strong portfolio and expect to make a gross profit of around £200 million.

Wilson was quoted as saying that the time for the amateur landlord is ‘over’.

“Is it the wrong time to be an amateur landlord? Yes. Some people will succeed but on the whole, too many amateurs walk into pitfalls,” he said.

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Written by: Houseladder