You can hardly miss the Channel 4’s A Place In The Sun an international property series presented by the charming Laura Hamilton. She was on Dancing On Ice where she clinched the runner-up position in 2011. Laura Hamilton is now part of e presenting panel on Channel 5’s Cowboy Builders show.
Laura got her lesson in money from a tender age, and she has strived to be financially independent, and her parents taught her that the only way out is to work hard for what she wants. Her parents would give her an allowance of one £1, but she got more when she washed the family car or did the washing up and tidying up of the house. At 15, Laura got a Saturday job at a bakery paying £15.
Starting Out in the Property Market
Laura had very few equals when she was a teenager, and at 19, she bought her first property. However, after making renovations, she was made redundant at her workplace while paying a £95,000 mortgage. She moved back with her parents and rented out her property, and it set her up for a career in the properties market. To most people, they would count their losses and give up, but renting out her property was the best thing that she could have done since it provided equity to invest in other properties.
Following the unfortunate start in the property investment market, Laura Hamilton has bought, renovated, and sold ten properties in twelve years. Her approach in the properties market is to live in them, flip them, and move on to the next property. She has a team of building and construction professionals, but she prefers to do the interior decoration to save on the renovation costs.
Volatile Property Market
Despite having become a property connoisseur, Laura is not immune to the volatility of the property investments markets. She remembers her fourth property, a spacious three-bedroom Victorian terrace house, bought the house for £285,000 however the renovation costs ran high, and the 2008 recession stalled the properties market. It took her two years to sell the property and incurred a loss of £10000.
Despite this, she remains optimistic, and she has her chips in the property market. She does not invest in the stock market, and she works hard to ensure that properties will give her a hefty pension. For Laura, she has known property for a long time, and she feels that she has more control over property and she can liquidate the property at any time. When she cannot make her credit card payments, Laura ensures that she gets into a zero-interest deal to avoid hefty charges.
Laura Hamilton is one of the fastest rising property investors, and one of the changes she is proposing is the removal of the inheritance tax. Her best year regarding her earnings was 2011 when she was on Dancing On Ice, while still presenting her show, and she earned close to £50,000. Laura is married to an insurance broker, and together they have two children and lives with her family in Purley, Surrey. Follow her on TV and on social media for property investment tips.