23rd
Jun 2019
Brexit Party leader Nigel Farage has been asked if his party wins a General Election, to state his position on how he would support the private rented section, by the country's most 'colourful' and controversial landlord.
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The landlord is of course Fergus Wilson who used to have a portfolio of 1,000 BTL properties in the South East. He wrote to the leader of the party asking has he any views on other issues rather than just leaving the EU.
Wilson wrote:
Dear Nigel,
PRIVATE SECTOR LANDLORDS and PROVISION OF HOUSING
Congratulations on your re-election as a MEP. I rather suspect the Brexit Party will be contesting the next General Election and would be grateful for your frankness as to the supply of housing.
It is clear from today’s announcement regarding the lack of money for old people and social care that HMG has no money to provide housing.
The Government is very heavily dependent on Private Sector Landlords (PSLs) providing houses to be rented. However, at the same time it is driving away potential landlords and existing landlords by its Punitive Tax Measures.
No Private Sector Landlord then no Private Sector Housing!
About 18% of British adults own a Private Sector Rented house. In those houses there is a Private Sector Tenant! That is 36% of the electorate.
As I am sure you are aware, very many PSLs voted for Brexit because of HMG tax regime.
If the Brexit Party is swept into power at the next General Election will it restore Landlord Tax to the previous Headline Rate and put Capital Gains Tax (CGT) down to a flat 10% for everyone?
Yours sincerely,
Fergus Wilson
Wilson's correspondence was sent to Farage, after the Brexit Party's success in the European Elections, following the leader's challenge to the main parties that if the new Prime Minister fails to take Britain out of the EU by October 31st, then his party will run in the next General Election.
Although the party has said it will only enter into a general election if Britain fails to leave the EU on the deadline of October 31st, members of the public are concerned by the lack of any other policies on separate matters appearing on its website; there is however an open invitation to everyone interested in becoming a Brexit party candidate for the next election.
Nigel Farage has tried to become an MP seven times which were unsuccessful and in one of his campaigns he only managed to attract 1.7% of votes.
The Wilsons have provided homes for approximately 10,000 tenants since 1991.
They have already sold the majority of their portfolio and will be selling the remainder of properties so they can properly retire.
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