A Government initiative to help first time buyers with small grants has been branded ‘tokenism of the worst kind' by the Liberal Democrats.
The proposed scheme would give qualifying buyers a grant of £1,500 to help with costs such as solicitors charges and furniture. However, the Liberal Democrats say the Government is ignoring the real problems created by the credit crunch and is doing little to help first time buyers. Commenting on the announcement, shadow communities and local government secretary, Julia Goldsworthy, says: “This new scheme is tokenism of the worst kind. The credit crunch is preventing many people from getting a mortgage they can afford, not the worry about solicitors’ fees.” She criticised the Governme...
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