23 Mar 2026
The government has named the locations of seven proposed new towns, having cut five from the list of 12 sites that were put forward for consideration by the New Towns Taskforce in September.
Each proposed location expected to deliver at least 10,000 homes and will aim to have a 40 per cent affordable housing target, with at least half for social rent.
The proposed locations are:
To drive forward delivery, four interim advisers have been appointed to support the New Towns Unit:
Building on the success seen in Stratford through the London Legacy Development Corporation and elsewhere, some new development corporations will also be stood up to support the delivery of these new towns.
Alongside the new towns consultation, the government has also confirmed that the National Housing Bank will launch on 1 April, chaired by Peter Vernon, with Simon Century as its chief executive. It will be backed with up to £16 billion of financial capacity and will aim to deliver over 500,000 new homes.
The government has also confirmed additional support worth up to £400 million over the next decade for subsidised products. This will enable both the National Housing Bank and regional mayors to issue loans and investments at lower interest rates and unlock housebuilding across the country.
Responding to the announcements, CIH chief executive Gavin Smart said: “We know that properly addressing our national housing crisis requires radical action. CIH supports the government’s ambition to bring forward seven new towns and recognises the progress made since the initial proposals for a larger number of sites. The focus on well-planned communities and a strong commitment to affordable housing, including social rent, is essential.
"The launch of a National Housing Bank, alongside additional subsidy to support lower-cost lending, is also a very positive step that could help unlock delivery at scale."
He added: “Success will depend on effective delivery — ensuring ambitions are supported by sustained investment, strong partnerships, and a clear focus on genuinely affordable homes. We look forward to engaging with the consultation to help ensure these proposals deliver high-quality homes and thriving, inclusive communities.”