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Thousands of new homes could be built in five new garden towns between Oxford and Cambridge

The plans come after MPs agreed to a new high-speed rail line and motorway for cars between the two leading university towns

THOUSANDS Of home could be built in five new garden town between Oxford and Cambridge under Government plans.

The housing secretary, Sajid Javid, yesterday announced that he will give the go-ahead to two new towns in the next few weeks and may push for up to three more.

Thousands of new homes could be built under the plans
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Thousands of new homes could be built under the plans

It comes after MPs agreed to a new high-speed rail line and motorway for cars between the two leading university towns.

Mr Javid told : “Along that corridor there’s an opportunity to build at least four or five garden towns and villages with thousands of homes.”

He added: "We have a housing crisis in this country. Average house prices in England are eight times average earnings.

"In London, where we have the most acute shortage, it is 15 times average earnings.

 The Housing minister Sajid Javid revealed the plans to build thousands of homes within commuting distance from London
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The Housing minister Sajid Javid revealed the plans to build thousands of homes within commuting distance from LondonCredit: AFP or licensors

"That’s not just the worst we have had in England, it’s the worst of any major developed economy.”

Last year, 217,000 homes were built - more than double the total in 2010 but well under the government target of 300,000 a year by 2025.

Today, Prime Minister Theresa May will announce a shake-up of the National Planning Policy Framework and to introduce measures to encourage a faster pace of building.

And there will be stricter rules for councils who manipulate housing statistics to suggest more new houses in their areas — which drives up prices.

Councils who fail to step up house building will be stripped of their right to decide what gets built in their area.

Instead, the decision will be made by planning inspectors.

Ministers have also announced plans to relax rules on how many storeys can be added to buildings to help ease Britain's housing crisis. 

Key workers, such as police, nurse and teaching staff, will be giving special priority to new housing too. 

How to get help buying a house

THERE are several government schemes available to help you get on the housing ladder.

  • Help to Buy loan: This scheme is for those who have a 5 per cent deposit, and is only available on new-build properties that are worth less than £600,000. The government lends you up to 20 per cent of the property value (interest-free for the first five years) which gives you access to cheaper mortgages. You will need to pay this back at the end of the mortgage or when you sell.
  • Starter Homes: First-time buyers under the age of 40 can access this new scheme. You’ll get a 20 per cent discount on the market value of the property (new-build only) but you cannot sell or let the property for five years after you buy it.
  • Shared ownership: This scheme is available to non-homeowners who earn £80,000 a year or less (£90,000 in London). People can buy a share of a home from a housing association and continue to rent the remainder. Buyers will need a ten per cent deposit as well as money to cover stamp duty and other fees. You’ll also need to find a mortgage lender that is willing to lend on shared ownership properties
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