No, read the full report and don't just quote a few select sentences from the student pilot. To me, this is a loss of control due to incorrect pilot technique. Abandoning one method of directional control before the other becomes effective is just asking for trouble.
Interestingly, this isn't the only loss of control on take-off at Old Sarum.
http://www.aaib.gov.uk/cms_resources...EP%2003-09.pdf
One might wish to take a look at what is being taught rather than immediately zeroing-in on the aircraft.