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Budget hopes for struggling first-time buyers

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⚡ Instant Key Takeaways (TL;DR)
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Core Development: Budget hopes for struggling first-time buyers
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Market & Financial Impact: Aspiring homeowners say rent, rising costs and house prices are delaying plans to buy.
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Actionable Insight: 🏛️ Policy & Macro: Interest rate, inflation, or regulatory changes affecting broad market valuations.

Pre Ramteke wants to buy her first home but says saving for a deposit while paying rent remains a challenge

Pre Ramteke pays around £900 a month in rent before bills, but says saving enough for a deposit to buy her first home remains out of reach.

After moving to the UK from India in 2021, buying a home with her partner has proved difficult, due to rising house prices and the cost of living.

Her concerns come ahead of this week's Budget, when the government is expected to provide further details of its proposed Your First Home scheme, aimed at helping more first-time buyers onto the property ladder.

"Sometimes I do think that I'm trying to chase a dream that's going further and further away", she told the BBC.

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Official Publisher Attribution: This report is aggregated from Bloomberg. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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