2 minute read
Property investing – start when you’re young
Preston born and bred, Hamza was in a school run car accident at just 11. After a drawn out investigation, further complicated by Covid, his fiscal compensation was finally awarded when he was 18. Immediately advised to invest in a pension. Hamza sought counsel from his parents who encouraged him to look at property up north, an area they know. They could even be his tenants. Hamza wasn’t so sure, and after a swift consultation with Google up popped Buy to Let Hunter.
Hamza met Adrian and Alex and found them relatable, trustworthy and confirmed they spoke the same language. Hamza tentatively asked for some advice and with their sensible guidance, he investigated all of his options with his new chums. “I was sold.” There were a few struggles finding a mortgage broker, a scuffle with solicitors but eventually a loan was secured, an offer made and accepted, walls painted, furniture purchased and his twobedroom semi was ready for the first guest.
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Buying his little house in Hitchin was a great move for Hamza: “I realised that I don’t want to buy up north: the returns are too low.” Hamza feels confident in his decision to eschew a pension and take his place on the property ladder instead. “I can always sell it in a few years if my situation changes – or if I get married…” he added, eminently sensibly, understanding the flexibility of his choice.
Hamza felt very supported throughout; a student studying PPE, Hamza plans to use the income from his property to help pay his tuition and living expenses. It will enable him to go on and pursue a master’s degree in environmental consultancy.
“Working with the BTLH team was a very positive experience. I cannot imagine doing this on my own – but look! Now I am on the property ladder and a lot of the credit goes to Adrian and Alex!”
Unlike most of us twice his age, Hamza has a clear view of his future, and has eschewed the usual options for a young lad with money in his pocket. We are so proud to have assisted him and can attest that Hamza is the very embodiment of aspiration; is this the beginning of his empire? n
Forward thinking teenager invests in property
Can BTLH help you find the perfect property? Get in touch and have a chat: 020 7550 9396 or
hello@buytolethunter.com
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