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Youngest Landlord In Britain

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times atricle

I was watching my local news last night (east of England).

There was a report on the Youngest Landlord in britain.

Said spotty git (nearly 18) was shown wandering around a house he was looking to buy with a clipboard.

They interviewed him.

"The sooner I can purchase this property [he said property because he's a pro] the sooner I can get tennants in, the sooner the income comes in".

The house in worth 93K

He had been saving ages for a deposit.......10K

Income 10-13K per year.

Like candy from a baby.

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what a pretentious young C***.

i think we all know that the whole btl thing is a complete friggin joke now, i mean cmon 17year olds as landlords? whats next 12 year olds as mortgage advisors? i mean for god sake this is just pethetic

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Wonder in the tenant will go around "accidentally" breaking things like the washer, shower, fridge etc - would be a lovely baptism of fire for him..... :lol:

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Wonder in the tenant will go around "accidentally" breaking things like the washer, shower, fridge etc - would be a lovely baptism of fire for him..... :lol:

you're all so bitter and jealous!

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times atricle

I was watching my local news last night (east of England).

There was a report on the Youngest Landlord in britain.

Said spotty git (nearly 18) was shown wandering around a house he was looking to buy with a clipboard.

They interviewed him.

"The sooner I can purchase this property [he said property because he's a pro] the sooner I can get tennants in, the sooner the income comes in".

The house in worth 93K

He had been saving ages for a deposit.......10K

Income 10-13K per year.

Like candy from a baby.

The bitterness on this site worries me at times :unsure:

At a very young age, this chap is making the effort to build a future for himself; he comes across as quite level headed. And if things do go wrong, he will be young enough to walk away and start again.

You don't do yourselves any favours with this sniping from the sidelines.

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The bitterness on this site worries me at times :unsure:

At a very young age, this chap is making the effort to build a future for himself; he comes across as quite level headed. And if things do go wrong, he will be young enough to walk away and start again.

You don't do yourselves any favours with this sniping from the sidelines.

How true. This site is full of sit on their **** losers who wouldnt know where to start trying to get out there and make a few quid. It seems they just expect somebody to come along and give them a job paying enough to afford that nice house with a garden. Get real, the world DOES NOT owe you a living. Well done to the lad for trying I say. It might not be the wisest move, market timing wise, but at least hes geiving SOMETHING a go.

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How true. This site is full of sit on their **** losers who wouldnt know where to start trying to get out there and make a few quid. It seems they just expect somebody to come along and give them a job paying enough to afford that nice house with a garden. Get real, the world DOES NOT owe you a living. Well done to the lad for trying I say. It might not be the wisest move, market timing wise, but at least hes geiving SOMETHING a go.

All they are saying is that there are far easier ways of making money than BTL, it is very risky at the moment. Just ask any real BTL landlord, most are currently selling or not purchasing.

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Sadly the lad has missed the best days of BTL. It's impossible to say whether he will succeed in the long run (+10 years), or will be in complete financial ruin should interest rates rise or if he ends up in serious negative equity.

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I think this country needs more people like this lad.

Out of the goodness of his heart he is subsidising his tenants out of his own pocket.

6% gross yield is a guaranteed negative return.

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All they are saying is that there are far easier ways of making money than BTL, it is very risky at the moment. Just ask any real BTL landlord, most are currently selling or not purchasing.

I disagree - the first two posters called him a "spotty git" and a "pretentious c***". The third poster hoped his first tenant would trash the place. Sadly, there are some rather unpleasant people on this site.

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I disagree - the first two posters called him a "spotty git" and a "pretentious c***". The third poster hoped his first tenant would trash the place. Sadly, there are some rather unpleasant people on this site.

Maybe it's something to do with his smarmy attitude.

Even Rosie was taking the piss, which says something.

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Well done to the lad for trying I say. It might not be the wisest move, market timing wise, but at least hes geiving SOMETHING a go.

3 young lads aged under 22 at my martial arts club are getting into B2L.

All they say is 'its me pension, you cant go wrong with property'.

Can it really be this easy?

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3 young lads aged under 22 at my martial arts club are getting into B2L.

All they say is 'its me pension, you cant go wrong with property'.

Can it really be this easy?

my g/fs brother (aged 19) has repeatedly expressed an interest in building a property empire. His other interests include: quitting college, petty crime, thuggery, and numerous unsuccessul get rich quick schemes that have backfired with hilarious consequences.

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Guest X-QUORK

All they say is 'its me pension, you cant go wrong with property'.

Just as long as they don't need to cash in on their 'pensions' at the wrong point in the cycle.

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All they are saying is that there are far easier ways of making money than BTL, it is very risky at the moment. Just ask any real BTL landlord, most are currently selling or not purchasing.

What's a "real btl landlord"?

The kids having a go and at least he's not expecting to make big gains in 12 months. Good luck to him.

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Yes, theres a certain amount of truth to saying that this chap is at least trying to get off his backside.

However, he could be investing his energy in something useful instead, somehow adding to the productive capacity of the economy rather than engaging in this parasitic economy.

It is a late bubble indicator, I remember "the youngest dot com entrepreneur" stories about 1999.

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When I was young it was your ambition to become a doctor (or engineer, teacher, fireman, lawyer etc.) or something useful to society.

Remember when there were programmes like "Young Scientist" of the year (with jazzy 70´s music) ?

Remember when going to university was a means to a constructive end? Probably there will be "Property Investment and Management" degrees on offer soon and some tin-pot ex-poly will award Kirsty Alley a PhD.

I think Britian is slowly but surely becoming a stale old mono-culture obsessed with property and get-rich quick schemes. We need people like Bill Gates and Richard Branson - not Kirsty Alleys.

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Remember when going to university was a means to a constructive end? Probably there will be "Property Investment and Management" degrees on offer soon and some tin-pot ex-poly will award Kirsty Alley a PhD.

I think Britian is slowly but surely becoming a stale old mono-culture obsessed with property and get-rich quick schemes. We need people like Bill Gates and Richard Branson - not Kirsty Alleys.

Apologies for pedantry, but I think you mean Kirsty Allsop; Kirsty Alley was the actress in Cheers

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When I was young it was your ambition to become a doctor (or engineer, teacher, fireman, lawyer etc.) or something useful to society.

Remember when there were programmes like "Young Scientist" of the year (with jazzy 70´s music) ?

Remember when going to university was a means to a constructive end? Probably there will be "Property Investment and Management" degrees on offer soon and some tin-pot ex-poly will award Kirsty Alley a PhD.

I think Britian is slowly but surely becoming a stale old mono-culture obsessed with property and get-rich quick schemes. We need people like Bill Gates and Richard Branson - not Kirsty Alleys.

Well said - a good summation of how Gordon Brown and the BTL gamblers have ruined the UK's economy. This kid should be doing a job of work that is beneficial to the UK - BTLs are pointless members of society (apart from the accidental rent subsidy). This kid might have done something useful with his life if his head wasn't filled with property porn from the TV and his evil stepdad. The HPC can't come soon enough.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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