That's a bit more than 'simply a VCR replacement'!
If you want to stay under £300, you need to compromise somewhere - either (1) a Freeview DVD recorder with no HDD, or (2) a DVD/HDD recorder without an internal Freeview tuner, or (3) a Freeview PVR with two tuners.
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I also want to be able to watch one channel whilst recording another - apparently I need a device with at least two tuners
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You only need one tuner in the recorder for this. You can watch another channel while recording using the tuner in the TV, or using an STB connected to the TV. In any case, there are no DVD recorders available with two tuners that can be used simultaneously. Some PVRs (hard disk recorders with no DVD drives) have two tuners.