At the age of 25 Shivi Hotwani still lives at home with his parents in north-west London. After years of saving he recently got a foothold on the property ladder. But his £160,000 two-bed flat is not in the capital, where he works as a conference manager, and he doesn’t get to live in it.

“I wanted to buy a flat in London as I have lived here my whole life but, even with my parents help, I just can’t afford to,” he says.

Instead, he bought his first property with a buy-to-let mortgage in Nottingham.

Hotwani is is one of a growing breed of amateur investors who have driven the huge boom in the buy-to-let sector in recent times for reasons that are not always conventional.

In the 10 years from 2005 the number of outstanding buy-to-let mortgages as a percentage of the whole mortgage market has almost doubled from 7.7% to 15% now……..

Read in Full – This section was taken from the Guardian Newspaper

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