Budget: Osborne unveils home-building plans
George Osborne reveals an extension of the Help to Buy scheme and plans for new garden city with 15,000 new homes.
George Osborne reveals an extension of the Help to Buy scheme and plans for new garden city with 15,000 new homes.
George Osborne has announced plans to create a garden city with 15,000 new homes in Ebbsfleet.
Speaking on BBC's The Andrew Marr Show ahead of Wednesday's Budget, the Chancellor said it would be the country's first garden city in 100 years.
He also announced plans to extend the Help to Buy scheme for first-time-buyers beyond its planned 2016 deadline. It will now end at the end of the decade, Mr Osborne said.
What George Osborne is offering is hope. Less clear is whether it will be enough to provide the strong growth the economy still needs.
After George Osborne announced plans to build 15,000 homes in Ebbsfleet, here's what you need to know about Britain's new garden city.
George Osborne presents a bleak picture his likely announcement's next week in the budget, suggesting more work to be done on the economy.