{"id":2093,"date":"2016-01-26T16:00:28","date_gmt":"2016-01-26T16:00:28","guid":{"rendered":"https:\/\/blog.propertypartner.co\/?p=2093"},"modified":"2019-02-25T11:35:08","modified_gmt":"2019-02-25T11:35:08","slug":"meet-the-balcombs-like-father-like-son","status":"publish","type":"post","link":"https:\/\/www.londonhouseexchange.com\/blog\/meet-the-balcombs-like-father-like-son\/","title":{"rendered":"Meet the Balcombs: Like father, like son"},"content":{"rendered":"
Meet the Balcombs: Like Father, like son<\/div>\n

The Balcomb family are evidently smart with their money: both father and son have investments across a range of asset classes. However, the story is slightly mistitled – in this case, it was the son who taught the father. Oliver Balcomb discovered Property Partner just before we launched our first property, and after vetting the platform for a few months, he introduced his father, David. Despite being a generation apart, and with different investment goals, they like Property Partner for the same reasons.<\/p>\n

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Twenty-six year-old Oliver is renting in London and training to be a financial adviser. Property Partner gives him a way to track the market while he saves to buy his own place:<\/p>\n

\u2018Property Partner is a key investment of mine as I build my deposit – I see it as the best place to keep it. The property market in the UK is a lot less volatile than shares – and Property Partner has opened up the market to everyone.\u2019<\/i><\/p>\n

Oliver\u2019s father, David, is a 69-year-old semi-retired consultant. He owns one buy-to-let – but he now considers Property Partner to be a better way to invest. The recent buy-to-let tax changes will squeeze the profits of many individual landlords. Property Partner investments are taxed in a different way, and avoid the hassle of managing tenants. For him, it\u2019s a way to invest for a comfortable retirement, while also helping his son onto the property ladder.<\/p>\n

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‘Property Partner is an excellent opportunity to invest in a market that wasn\u2019t available before. It represents a positive alternative to the stock market, which is very volatile.’<\/i><\/p>\n

David has now invested \u00a375,000 across ten properties, while his son, Oliver, has several thousand pounds split across three. Beyond the blood-relationship, a common theme here is that they both have faith in Property Partner to help them achieve their goals for the future. Their reasons are also very similar: they see us as a more stable investment that still brings \u2018a better rate of return\u2019 – and there\u2019s no better way to access the property market, as an investor.<\/p>\n

There is one final thing that father and son agree on. After the recent tax changes in buy-to-let<\/a>, Property Partner could well be the future for investors in bricks and mortar.<\/p>\n

Do you agree with the Balcombs? Take a look at the properties available on our marketplace and decide for yourself:<\/p>\n

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We love to hear from our investors. If you would like to share your Property Partner story with us, fill in your details here<\/a>.<\/p>\n

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