In this piece, we take a look at the potential impact of garden villages, including regional implications, what the result might be for new buyers, and follow on trends.
There are many reports of a UK housing crisis, but what efforts are being put into resolving the issue?
What do we mean by a garden village?
By definition, it is a piece of brownfield land that is used to develop new areas for families and businesses. They are usually smaller projects and can contain from 1,500 to 10,000 homes. Often, garden villages have their own facilities — such as schools, shops and transport stations — which makes this type of living space perfect for families and first-time buyers looking to lead the picture-perfect life.
Garden villages allow residents to imprint their own mark on the area, including creating its own identity and creating rules. However, there are a few ways to identify them. They must be a settlement outside of an existing town or city and not closely attached. The British government is currently supporting 17 locations around the country, with £6 million expected to go towards funding 14 new garden villages and £1.4 million to support three garden towns (which are similar to garden villages, only larger).
Current/prospective garden villages in the UK:
- Cheshire East
- East Northants
- Surrey Heath
Plans are also in place to build garden towns in Aylesbury, Taunton and Harlow, and Gilston. These towns are anticipated to provide an extra 200,000 homes.
Looking at the potential regional impact:
Regions are set to see more manual work available in these regions as such areas will be creating more than 50,000 homes. This will help to boost the economy, as it will provide people with more jobs in the area. Read more