Ajay Ahuja (businessman)

Ajay Ahuja
Ajay Ahuja in 2016
Born (1971-12-28) 28 December 1971
Harlow, Essex, England
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]

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 Deloittes.[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. 1 2 3 Collinson, Patrick; Osborne, Hilary (12 December 2015). "What next for buy-to-let landlords struggling to make ends meet?". The Guardian. ISSN 0261-3077. Retrieved 30 April 2017.
  2. 1 2 3 "Book spending by Essex Libraries halves in five years". Hertfordshire Mercury. 4 January 2017. Retrieved 30 April 2017.
  3. 1 2 Price, Eluned. "Building a fortune out of beer money". The Daily Telegraph. Retrieved 30 April 2017.
  4. 1 2 3 "'It's bargain city': Says the jackal looking to profit from the property slump". Daily Mail. Retrieved 30 April 2017.
  5. ↑ Levene, Tony (27 February 2004). "Buy-to-let: Does it still make sense?". The Guardian. ISSN 0261-3077. Retrieved 30 April 2017.
  6. ↑ Pickard, Jim (17 August 2006). "Hangovers threaten the buy-to-let party". Financial Times. ISSN 0307-1766. Retrieved 30 April 2017.
  7. ↑ "YOUNG, ASIAN & LOADED. – Free Online Library". thefreelibrary.com. Retrieved 1 May 2017.
  8. ↑ "BBC NEWS | Business | Property speculators look further afield". BBC. Retrieved 30 April 2017.
  9. ↑ "Amazon.co.uk: Ajay Ahuja: Books, Biogs, Audiobooks, Discussions". Amazon.com. Retrieved 30 April 2017.
  10. ↑ "Victims of the repo hunter: Northern Rock is accused of selling off 1,100 repossessed homes at bargain prices". Daily Mail. Retrieved 30 April 2017.
  11. ↑ "'It's bargain city', says property jackal". This is Money. Retrieved 30 April 2017.
  12. ↑ "Northern Rock: The repossessed homes sell-off". This is Money. Retrieved 30 April 2017.
  13. ↑ "Fire was last straw". Helensburgh Advertiser. Retrieved 30 April 2017.
  14. ↑ "IN THIS WEEK'S ISSUE - 4 OCTOBER 2017". Classic Car Weekly. Retrieved 2017-10-08.
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