Not that difficult to buy a home in UK, claims NatWest chair

Howard Davies: ‘You have to save, and that is the way it always used to be.’ Photograph: Suki Dhanda/The Observer

The chair of NatWest has claimed it is not “that difficult” to get on the property ladder, despite the number of first-time buyers with a mortgage falling to the lowest level in a decade.

“I don’t think it is that difficult at the moment,” Sir Howard Davies told the BBC. Pressed about this assertion, he added: “You have to save, and that is the way it always used to be.”