“The banks laughed me out the door. Now, I have a thriving Buy to Let portfolio at 20”.
When traditional lenders turned him away due to his age and income, Together helped Adil Hanif turn his Buy to Let portfolio ambitions into reality.
The challenge
Growing up in Middlesbrough, a young Adil watched his stay-at-home Mum and taxi driving Father work tirelessly to provide for their family. That experience shaped his determination to build a secure future, not just for himself but for those closest to him.
At 17, while studying at college and working at a burger chain, Adil began online trading.
A year later, aged just 18, he had saved enough for a deposit and set his sights on his first Buy to Let property.
But when he approached high street banks, the response was blunt.
“They laughed me out of the door. They wouldn’t accept my trading income and thought I was too young.”
With traditional lenders unwilling to help, Adil needed a specialist who could look beyond the tick-box approach and understand his ambitions.
The solution
Together’s experience with non-standard incomes meant we could take a different view. We assessed Adil’s situation, recognised his potential, and provided the Buy to Let mortgage he needed to secure his first rental property quickly.
“The process was smooth and easy,” says Adil. “Together understood me and moved fast. That speed meant I could get the property at a great price.” Middlesbrough’s affordable housing market offered plenty of opportunities, and Adil’s local knowledge gave him an edge. He knew where to find the best deals in prime locations and Together gave him the confidence to act.
“Property prices were much cheaper compared to other areas,” he explains. “I’d grown up here, so I knew the market and where to invest.”
Age shouldn’t be a barrier to success
Adil’s story proves that starting at a young age doesn’t mean you can’t build a thriving property portfolio.
At Together, our flexible, common sense approach means we’ve helped landlords as young as 18 secure the funding they need to take their first steps into property investment.
Check out how we helped Darryl:
The outcome
Since that first deal, Adil has returned to Together for every Buy to Let purchase, building a portfolio of three properties, all while working full-time as a trainee accountant and studying for exams.
Managing a growing portfolio alongside a 40-hour work week is no easy feat. Adil often adds 30 extra hours preparing homes for tenants, and unlike many landlords, he doesn’t use a management company. “I prefer a hands-on approach,” he says. “It keeps costs down and helps me build strong relationships with tenants.”
Adil is already planning his next steps, looking to diversify into commercial or semi-commercial real estate and even exploring opportunities abroad, particularly in Dubai.
Adil’s advice for aspiring investors? Start early.
“My only regret is not starting sooner,” he says. “Friends told me it would be difficult, especially getting a mortgage, but property is still one of the best ways to secure income. If you’re thinking about it, take the chance.”
Together remains a key part of Adil’s property plans. “High street banks said no, but Together backed me. They’ve supported every deal since and helped me achieve my goals.”
Struggling to find the right finance? Speak to one of our expert team and find out if we can help power your Buy to Let portfolio plans, even when other lenders can’t… or won’t.
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