Chancellor <a gi-track='captionPersonalityLinkClicked' href=/galleries/search?phrase=George+Osborne&family=editorial&specificpeople=5544226 ng-click='$event.stopPropagation()'>George Osborne</a> (3rd L) speaks to construction workers during a visit to the Berkeley Homes Royal Arsenal Riverside development in Woolwich, on March 21, 2013 in south east London, England. The Chancellor of the Exchequer visited construction workers and home-buyers at the housing development site the day after he announced in his Budget speech the government's measures for assisting first-time buyers and existing home-owners in moving up the property ladder, with a GBP £3.5 billion investment in government loans to financially stretched home-buyers and GBP £12 billion towards a scheme to increase availability of mortgages to first-time buyers unable to afford a large deposit. Homebuyers will be able to borrow up to 20% per cent of the value of most new-build properties interest-free for five years.
{"Image ImageDescription": "LONDON, UNITED KINGDOM - MARCH 21:  Chancellor George Osborne (3rd L) speaks to construction workers during a visit to the Berkeley Homes Royal Arsenal Riverside development in Woolwich, on March 21, 2013 in south east London, England. The Chancellor of the Exchequer visited construction workers and home-buyers at the housing development site the day after he announced in his Budget speech the government's measures for assisting first-time buyers and existing home-owners in moving up the property ladder, with a GBP  ?3.5 billion investment in government loans to financially stretched home-buyers and GBP ?12 billion towards a scheme to increase availability of mortgages to first-time buyers unable to afford a large deposit. Homebuyers will be able to borrow up to 20% per cent of the value of most new-build properties interest-free for five years.  (Photo by Mark Large - WPA Pool/Getty Images)", "Image Copyright": "2013 Getty Images"}