Even so, paying an extra £12k is a drop in the ocean if you can afford the depos... | Hacker News

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		lucaspiller on Feb 16, 2016 \| parent \| context \| favorite \| on: Under-35s in the UK face becoming permanent renter... Even so, paying an extra £12k is a drop in the ocean if you can afford the deposit for a mortgage on a £400k buy-to-let, which will be around £100k. From 2017 you will no longer be able to reclaim tax from mortgage payments, which should have a bit more of an impact: http://www.ft.com/cms/s/0/2c0281c4-2570-11e5-9c4e-a775d2b173... (Paywall, go via Google)

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