October 20, 2021, 3:36

    Teenager buys two-bed house on £12,000 salary while studying to become a nurse

    Teenager buys two-bed house on £12,000 salary while studying to become a nurse

    A teenager has just bought her first home whilst training to become a nurse and working weekends in a take-away restaurant.

    Super saver Isabella Hunter, single-handedly bought her £107,000 two bed semi-detached home just weeks after she turned 19.

    The savvy youngster from Dearham, Cumbria, stepped on to the property ladder in April. Unfazed by the renovation work needed, she managed to do all the painting and decorating herself.

    The qualified health care assistant wasn’t afraid to get her hands dirty, and once she had the keys she was excited to make the house – complete with garage and driveway – into a perfect modern home.

    The first-time buyer, opened a Help to Buy savings account when she turned 16 and saved for three years for her first place.

    She said: “I started working when I was 15 and I opened the account with my £1,000 savings.

    “The maximum I could pay in was £200 per month, so that was my target.”

    Have you got a first time buyer story to tell? Email sam.barker@reachplc.com

    Isabella, who is currently training to be a nurse and working weekends at a local take-away added: “I am a saver at heart. When I get paid before I spend anything I move a set amount into a separate savings account.

    Isabella outside her new home
    (

    Image:
    Caters News Agency)

    The qualified health care assistant did all the renovation work herself
    (

    Image:
    Caters News Agency)

    “When I went to college, I had two days with no lessons, so I got a job in a GP surgery to gain experience and then I worked weekends as well," she told news agency Caters.

    Isabella’s basic salary is currently just £12,000 per year, but she takes on regular overtime to add to her rainy day fund.

    Isabella was offered a 40-year mortgage. Using her hard earned savings for the deposit, she was able to put down more than £17,000 to secure her first home.

    The teenager now pays just £210 per month for her mortgage and says she couldn’t even rent a room for that price.

    She said: “I went to a mortgage adviser and they helped me with my options. It has been a very exciting experience.

    “I wanted a house and garden and I viewed my house the day it came on the market and put an offer in the next day.”

    Isabella's kitchen after the renovation
    (

    Image:
    Caters News Agency)

    Isabella's renovated kitchen
    (

    Image:
    Caters News Agency)

    Always looking to save money, Isabella made a cheeky offer but it was declined.

    However, being a first-time buyer with no chain, her second offer was snapped up by the sellers who were impressed by her age and financial position.

    She added: "It needed a new kitchen but the rest of the house just needed redecorating."

    Isabella is also a keen second-hand shopper and has enjoyed furnishing her home with bargains found online.

    She said: “I got my sofa and armchair on Facebook Marketplace and I love to shop in charity shops.”

    Determined to buy a home early in life, Isabella said: “I wasn’t going to university as I’m doing an apprenticeship, so I knew I didn’t have to spend money paying for student accommodation.

    “I wanted to get on the property ladder as it gives me independence and makes financial sense.

    “It’s an asset and my mortgage is much cheaper than renting."

    Isabella’s level-headed approach to money covers all aspects of her life.

    She said: “I don’t need or want the latest phone or designer clothes.

    “I do love a deal and will always shop around, I get a student discount and I have a blue light discount so I make sure that I am getting the best price possible."

    Isabella who lives alone added: “I am finding bills okay to manage.

    “I did research on my utilities and bills to make sure I am paying the best price and I made a list of all my outgoings before I moved in to make sure that the house would be affordable while I am training.”

    To save her deposit Isabella did sacrifice nights out with friends but said the end result has been worth it.

    She said: “I went on fewer nights out and I would always take a packed lunch to work rather than buying food out every day. I saved any money I was gifted for birthdays or Christmas."

    Working throughout the pandemic, Isabella was able to save more and said: “Lockdown really helped me to work more and save more. I stayed motivated because I knew what I wanted and knew smaller sacrifices would be worth it once I got a place of my own.”

    Isabella is a keen sailor and enjoys sports and said: “I do love new sailing gear and I like to play netball, but even with my hobbies I have managed to save or make a little bit of money.

    “With netball, I am a qualified umpire so I can be paid to umpire matches and with sailing, I helped to model some new gear which was a great opportunity as I got free kit and paid for my time.”

    And the youngster doesn’t want to stop at just one property.

    She said: “I love it here, but it is a stepping stone and I would also like to buy a second property and rent it out. I am saving again to invest in my future.

    “It has felt surreal at times, like I am playing house. It has taken a while to realise, this is my own place. I own this and I have loved decorating it to my own taste, putting my photos up and adding those finishing touches.

    “My friends love to come over too, it’s great to have my own space but I still like to pop over to my parents for tea.”

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    Sourse: mirror.co.uk

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