BACK in 2020, a Taunton man made the news after being able to buy a flat outright due to making money from selling gifts from his dad.

The then 28-year-old paid out £44,000 for a flat after making money from selling gifts he was given by his dad.

On the date of Matt's birth, his dad, Pete, bought a malt whiskey to celebrate the arrival of his son - the drink was the Macallan 1974.

The Macallan 1974 was released in 1992 for around £40 and now sells in the UK for around £3,750.

Dad-of-three Pete was working for a company that manufactured some of the raw materials for Macallan, which made him choose the brand.

Matthew, who works for a beef manufacturing company said: "I feel happy that it’s sold because I can start getting my foot on the property ladder.

"But part of me is sad because it would have been nice to keep them and pass them all into my kids at a future date.

"I already have started my new collection starting with this year's bottle, and I am hoping to hand it down to kids in the future when the time is right."

The Macallan 1974 sells for more than £5,000. (Image: PA) Pete bought his son a bottle of whisky every year for his first 18 years.

He then decided to do it for another ten - until Matthew, who lives in Taunton, Somerset, reached the age of 28.

Buyers in Singapore, Hong Kong, New York, London, Berlin and Italy took an interest in the rare 'vertical' collection, which sold for £4,000 more than its expected value.

Pete added: "I am absolutely delighted that Matthew has used his collection wisely and it makes me very proud as a father that I have been able to help in some small way.

"I believe the collection has already started for the third generation but the second generation have decided they want to provide for their own children.

"So the tradition will be continued."