My Uncle died and left me some inheritance and I just didn't know what to do with it.
I knew it would be wrong to spend it on frivolous things, so I decided that if he were
still alive he would approve of me putting his money towards a sound investment.
I went to a few brokers but the rental calculation simply didn't work out. That's
when a friend recommended that I get in touch with National & Capital. He said they
could find me a really competitive buy-to-let mortgage and that they don't need rental cover,
they just take a common sense approach.
I started with a basic one bedroom flat that I rented out for a few years and now
I've got a portfolio of 10 different properties. There is a lot of luck involved
but it certainly does help if you've got a great mortgage broker that can cut through
the red tape to get you a great deal with no rental cover problems. I just hope that one
day my son will be as successful as I've been!
Sanjay Patel*