Ernest Wilson's Directors' Property Interests

We've been reminded by a friend that some of Ernest Wilson's directors and senior staff, and their relatives, are also company officers (director/secretary) for property companies.

Willow Properties (Yorkshire) Limited

Directors: Robert Williamson, Eve Williamson, Paul Williamson, Tamara Dawn Beckwith, Jonathan Holmes

Cleckheaton Properties Limited

Directors: Paul Williamson, Tamara Dawn Beckwith

(Note: Paul Williamson and Tamara Dawn Beckwith are, we're told, the son and daughter of Robert and Eve Williamson, and information on companies is available for free from Companies House).

We've also been given information that these property companies sometimes buy and sell businesses through Ernest Wilson - this is allowed by the regulator under certain circumstances, mainly that any interests are declared:

Declaring a personal interest

You must reveal promptly and in writing any personal interest you or a connected person have in a transaction. A ‘connected person’ (which includes partnerships, companies and unincorporated associations as well as individuals), means any of the following:

• your employer or principal
• your employee or agent
• any associate either of you or of any of the persons mentioned above

Note that ‘associate’ includes any business associate, as well as a person’s spouse and relatives and the spouse and relatives of a person’s business associate.

If you have an exisitng personal interest you must declare this in writing before you begin negotiations.

If you or a connected person are seeking to acquire an interest in your client’s property you must tell the client in writing as soon as possible. You should do the same if you or a connected person are selling your property to the client.

You must not seek or receive a deposit for the sale of a property in which you have a personal interest.

We're sure that the staff of Ernest Wilson already know all that, and comply with it fully, though.