Ajay Ahuja Blog Post on The Art of The Ninja

Do you remember NINJA loans? They were in the USA which caused the sub prime crisis.  It is an acronym for:




Job or


Loans were being granted to borrowers who had no income, no job and no assets.

Now check this.  The new high LTV lender at 80% LTV infers:

No income

No job


They simply do not ask.  So if you are:

  • Self employed and had a bad year
  • Taken time out and not earned any money
  • Retired

You can still buy!  This is a clear signal that adventurous lending is back.  I call it adventurous lending but I think you know what I am talking about.  If I tell you that my:

Personal Mortgage

Majority of buy to let Mortgages

Commercial Lender

Are all state owned lenders that might make it clearer what I am saying.

Adventurous lending makes nobodies back then become somebody now.  I was someone who did not have a silver spoon in my mouth, I had no privileged access to finance and I possessed no particular attributes to make me a good borrower.  All I did was ask for the money.

Now I happened to ask at the right time.  Right at the start and also during one of the biggest property booms seen in the last 200 years.   I got finance and invested in high growth assets called UK property.

So do I think UK property is a high growth asset now?  I HAVE NO IDEA.  I did not back then and that did not put me off.  I bought UK property as it was:

  • Safe
  • Income producing
  • Little money in
  • Manageable

So do these features still apply to UK property today? YES!

As they say in the Lottery you have to be in it to win it.  So my advice is to GET IN.  And if you want more advice, check out my advice page.