Ajay Ahuja (businessman)
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Ajay Ahuja (businessman) | |
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![]() Ajay Ahuja in 2016 | |
Born |
Harlow, Essex, England | 28 December 1971
Nationality | British |
Alma mater | LSE, London |
Occupation | Author and businessman |
Website | |
ajayahuja.co.uk |
Ajay Ahuja (born 28 December 1971) is a British author and buy to let landlord.[1]
Contents
Early life
Ahuja was born and raised in Harlow, Essex, attended Stewards Academy, Harlow College[2] and the London School of Economics and went on the become a chartered accountant working for Deloitte.[3] He resigned at age 27 to become an entrepreneur.[4] He says that a miracle metaphysics book he read while in college changed his life.[2]
Career
Ahuja had a starting investment of just £500.[5] He let out his first property in 1997 and he called the profits "beer money".[3] By 2006 he had built up a portfolio of 150 properties worth more than £10m by buying properties with buy to let mortgages and remortgaging these to raise deposits to buy even more properties.[6] In 2005 he was ranked number 7 in the Young Asian Rich List.[7] He was featured in the BBC's Money Programme in connection with the phenomenon called "fly to let" where property investors were investing further afield.[8] By 2015 he owned 200 properties worth £14m[4] however he stated he was selling up and reinvesting in cheaper areas due to tax changes[1]
He has written 15 non-fiction books and 5 novels.[9] His most successful book to date is The Buy To Let Bible which has sold more than 100,000 copies.[1]
Controversies
Northern Rock
Ahuja was accused of profiting from other people's misery and given nicknames such as "Repo Hunter"[10] and "Property Jackal"[11] for his ruthless approach of buying repossessed homes.[12]
Arson and firearms incident
One of his maintenance men had a gun pulled on him and two of his buy to let flats sustained significant fire damage in 2009 in Helensburgh, Scotland.[13]
Funding cuts for libraries
He was critical about proposed cuts to funding for libraries insisting that the community gets a far greater return from the investment.[2]
Personal life
Ahuja lives with his wife Hana Mayerova at their 6 bed Georgian house in Cambridgeshire.[4] He is the brother of the journalist Anjana Ahuja. He is a keen car collector. His 1995 Bentley Continental R was featured on the front page of Classic Car Weekly.[14]
Bibliography
Nonfiction
- Ahuja, Ajay (2001). The Buy To Let Bible. Lawpack Publishing. ISBN 978-1904053361
- Ahuja, Ajay (2002). Buy to Let Property Hotspots. How To Books. ISBN 978-1857038873
- Ahuja, Ajay (2002). Property Hotspots in London. How To Books. ISBN 978-1857038880
- Ahuja, Ajay (2003). The Seven Pillars of Buy To Let Wisdom. Lawpack Publishing. ISBN 978-1904053422
- Ahuja, Ajay (2004). Property Hotspots in Spain. How To Books. ISBN 978-1857039269
- Ahuja, Ajay (2004). Property Hotspots Around The World. How To Books. ISBN 978-1845280048
- Ahuja, Ajay (2004). 7 Steps To Leaving The Rat Race. How To Books. ISBN 978-1857039436
- Ahuja, Ajay (2004). You Property And Your Pension. How To Books. ISBN 978-1857039313
- Ahuja, Ajay (2004). How To Get on the Property Ladder. How To Books. ISBN 978-1857039320
- Ahuja, Ajay (2005). Beating The Property Clock. How To Books. ISBN 978-1845282585
- Ahuja, Ajay (2005). Investing in Student Buy To Let. How To Books. ISBN 978-1845280086
- Ahuja, Ajay (2005). How To Make A Fortune on the Internet. How To Books. ISBN 978-1845284695
- Ahuja, Ajay (2011). How To Make Money From Property. How To Books. ISBN 978-1845284114
- Ahuja, Ajay (2016). Hey Dickhead Read This! AAP Books. ISBN 978-1522747383
- Ahuja, Ajay (2016). How To Give Up Drinking Fast And Stay Sober. AAP Books. ISBN 978-1522860723
Fiction
- Ahuja, Ajay (2015). Beyond Vengeance. AAP Books. ISBN 978-1519398185
- Ahuja, Ajay (2016). Charlie. AAP Books. ISBN 978-1532821011
- Ahuja, Ajay (2016). Own Goal. AAP Books. ISBN 978-1523984886
- Ahuja, Ajay (2016). Television. AAP Books. ISBN 978-1539900214
- Ahuja, Ajay (2016). Trouble at Work. AAP Books. ISBN 978-1537601175
References
- ↑ 1.0 1.1 1.2 Collinson, Patrick; Osborne, Hilary (12 December 2015). "What next for buy-to-let landlords struggling to make ends meet?" (in en-GB). The Guardian. ISSN 0261-3077. https://www.theguardian.com/money/2015/dec/12/buy-to-let-landlords-struggling-tax-increases.
- ↑ 2.0 2.1 2.2 "Book spending by Essex Libraries halves in five years" (in en). Hertfordshire Mercury. 4 January 2017. http://www.hertfordshiremercury.co.uk/book-spending-by-essex-libraries-halves-in-five-years/story-30031146-detail/story.html.
- ↑ 3.0 3.1 Price, Eluned. "Building a fortune out of beer money" (in en). The Daily Telegraph. https://www.telegraph.co.uk/finance/property/3345791/Building-a-fortune-out-of-beer-money.html.
- ↑ 4.0 4.1 4.2 "'It's bargain city': Says the jackal looking to profit from the property slump". Daily Mail. http://www.mailonsunday.co.uk/news/article-1092577/Its-bargain-city-Says-jackal-looking-profit-property-slump.html.
- ↑ Levene, Tony (27 February 2004). "Buy-to-let: Does it still make sense?" (in en-GB). The Guardian. ISSN 0261-3077. https://www.theguardian.com/money/2004/feb/28/buyingtolet.property.
- ↑ Pickard, Jim (17 August 2006). "Hangovers threaten the buy-to-let party". Financial Times. ISSN 0307-1766. http://www.ft.com/cms/s/0/b4ee706e-2d8c-11db-851d-0000779e2340.html?ft_site=falcon&desktop=true.
- ↑ "YOUNG, ASIAN & LOADED. – Free Online Library". thefreelibrary.com. https://www.thefreelibrary.com/YOUNG,+ASIAN+&+LOADED.-a0130689496.
- ↑ "BBC NEWS | Business | Property speculators look further afield". BBC. http://news.bbc.co.uk/1/hi/business/3736964.stm.
- ↑ "Amazon.co.uk: Ajay Ahuja: Books, Biogs, Audiobooks, Discussions". Amazon.com. https://www.amazon.co.uk/Ajay-Ahuja/e/B00JH80LI2/ref=sr_ntt_srch_lnk_1?qid=1493572406&sr=8-1.
- ↑ "Victims of the repo hunter: Northern Rock is accused of selling off 1,100 repossessed homes at bargain prices". Daily Mail. http://www.mailonsunday.co.uk/news/article-1092547/Victims-repo-hunter-Northern-Rock-accused-selling-1-100-repossessed-homes-bargain-prices.html.
- ↑ "'It's bargain city', says property jackal". This is Money. http://www.thisismoney.co.uk/money/mortgageshome/article-1648797/Its-bargain-city-says-property-jackal.html.
- ↑ "Northern Rock: The repossessed homes sell-off". This is Money. http://www.thisismoney.co.uk/money/mortgageshome/article-1648724/Northern-Rock-The-repossessed-homes-sell-off.html.
- ↑ "Fire was last straw" (in en). http://www.helensburghadvertiser.co.uk/news/13975367.Fire_was_last_straw/?commentSort=score#comments-anchor.
- ↑ "IN THIS WEEK'S ISSUE - 4 OCTOBER 2017" (in en-US). Classic Car Weekly. http://www.classiccarweekly.co.uk/buy-the-paper/2017/10/4/in-this-weeks-issue-4-october-2017.
External links
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- 1971 births
- English landowners
- People from Harlow
- English people of Indian descent
- Real estate in Europe
- British real estate businesspeople
- Alumni of the London School of Economics
- Deloitte people
- British accountants
- Living people