Budget: Chancellor 'neglecting' first time buyers

Several industry figures say the Budget was a good opportunity for the Chancellor to relieve pressure off borrowers and help first time buyers onto the housing ladder. However, many feel he failed to use this opportunity, including Nicholas Leeming, major client director of Propertyfinder.com, who says: “Once again the government has shirked its responsibility, merely blowing smoke around the issues in an attempt to disguise inaction. “It is becoming increasingly difficult to gain access to financing for home purchase, and despite producing a 95 page document on the issue, the Chancello...