Excerpt:
Recent statistics have highlighted that, in the UK, black households are much less likely to be property owners than those headed by someone white or Asian and much more likely to be living in social housing. Fewer than a third of black households are headed by owner-occupiers – either owning their home outright or with a mortgage, according to a House of Commons briefing paper published in June 2017.
This compares with two-thirds of white families and 58% of Asian households. One entrepreneur is out to change statistics like these.Ayesha Ofori recently launched the Black Property Network, (BPN) which has a much bigger aim that just getting more African Caribbeans on the property ladder. Through the network Ofori is aiming to encourage more people from the community to become property investors and achieve the kind of financial independence that comes from running a successful property portfolio, whether from having a stable second home, to saving returns made on property investments.BPN enables members to access seminars, workshops networking opportunities and mentoring, to help them learn about property investment and development.
The aim is to support people to invest confidently at all levels whether by direct property investments, through crowdfunding, or by starting their own property portfolios or property related businesses.
She has held BPN presentations at the London Business School, Kings College London, the London Institute of Banking and Finance, KPMG, the Women in the City Afro-Caribbean Network, amongst others.
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