Gussy Hydleman is about to buy her first home with her boyfriend
Credit: JAY WILLIAMS
Like many young first-time home buyers, Gussy Hydleman, 25, has had to dabble with investing to boost her deposit in order to keep pace with ever-increasing house prices.
Thanks to her stock market nous, Ms Hydleman has had an offer accepted on a home with her boyfriend, Tom, 26. The pair are using their savings and a small amount of parental help to fund a 15pc deposit.
Her share consists of £38,000: £15,000 in a Lifetime Isa, £12,000 in a stocks and shares Isa and the remainder in cash. The couple hope to exchange contracts soon and are just waiting for the seller to secure a property to move to.
Alan Birtwistle is considering becoming a landlord for the first time
Credit: JULIAN SIMMONDS
Landlords have been ditching properties in their droves after changes to taxation, a ban on evictions and ever-increasing regulation.
Many have sold up as house prices soared amid demand for bigger homes. Despite all this, Alan Birtwistle is considering becoming a landlord for the first time.
Mr Birtwistle, 56, recently extinguished a 29-year career as a fireman, retiring in 2019. He now lives and works at a campsite near Orpington in Kent during the summer and wants to escape to the Canary Islands during the winter.
After a divorce in March last year, he has £280,000 in bank accounts, earning little or no interest, and no property. “I chose not to buy a home so I could travel,” he said.
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