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Vince Cable to appear on The Agenda tonight

Business Secretary Vince Cable will appear on The Agenda tonight. Credit: Danny Lawson/PA Wire/Press Association Images

Vince Cable, the Secretary of State for Business, Innovation and Skills, will join ITV News Political Editor Tom Bradby on The Agenda tonight.

Also on the panel will be the children's author Michael Morpurgo, the novelist and columnist Allison Pearson and the actress and writer Emma Kennedy.

They will be discussing bad behaviour in schools, the housing crisis and ageism.

The Agenda with Tom Bradby is on ITV tonight at 10:35pm.

Get involved in the debate during the show using the hashtag #theagenda and following @agendaitv.

Govt 'ready and willing' for radical housing alternatives

Nick Clegg is expected to announce the Government is "ready and willing" to listen to radical alternatives in order to build three garden cities, as the Coalition try to end the housing crisis.

The Deputy Prime Minister will say the Government is open to ideas like "removing barriers to acquiring land or attracting private finance," at his monthly press conference held later today.

I also expect some areas will want to innovate in ways which we have not anticipated, so we are ready and willing to consider any other ways government can support the delivery of garden cities, for example by removing barriers to acquiring land or attracting private finance.

I'm clear that local communities developing new garden cities is an essential part of the solution to providing affordable homes to live in, building a stronger economy and a fairer society, where every person can get on in life.

– Nick Clegg

Read: Clegg to announce funds for 'three new garden cities'

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Clegg to announce funds for 'three new garden cities'

Up to three new garden cities with at least 15,000 homes each will be built to tackle Britain's chronic housing shortage, Nick Clegg will say today.

Read: 'Major concern' over lack of homes as sales hit 6 year high

Nick Clegg
Any developments must have full backing from the local council, the Government said. Credit: PA

Read: At £7,000 is this Britain's cheapest house?

The Deputy Prime Minister will issue a "call to arms for visionaries" to put forward radical plans to help first time buyers onto the housing market as he announces the publication of a prospectus inviting bids from councils.

The Lib Dem leader is expected to announce £2.4bn in funding from an existing pot which will be made available for housing developments up until 2020.

Officials were keen to stress that the new cities would not be imposed on communities and must have local support and full backing from councils.

The winning locations will be commercially viable and have good transport links.

Read: Cable: Home ownership 'unaffordable' for families

'Major concern' over lack of homes despite rising demand

House sales have climbed to their highest levels in six years as the market shows increasing signs of life across the country, warn the Royal Institution of Chartered Surveyors.

The RICS also believes it will become much harder for people to get onto the property ladder unless more houses are built.

ITV News's Consumer Editor Chris Choi reports from Leicester.

More: Government: 'Housing market has turned a corner'

Scotiabank: RICS survey 'consistent' with 15% inflation

House sales have climbed to their highest levels in six years as the market shows increasing signs of life across the country.

ITV News Business Editor Joel Hills has tweeted:

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Scotiabank has looked at RICS survey and calculates "consistent with 15% year on year house price inflation".

Read more: 'Major concern' over lack of homes as sales hit 6 year high

Government: 'Housing market has turned a corner'

A six-year high in house sales across Britain shows the "market has turned a corner", the Housing Minister said.

Today's figures from the Royal Institution of Chartered Surveyors clearly show that the housing market has turned a corner, and are another indication of the economic recovery.

– Housing Minister Kris Hopkins

He added: "Leading developers have pledged to build more as a direct result of this increased demand, and we've already delivered 420,000 new homes since 2010, including 170,000 new affordable homes."

Read: House sales across Britain hit six-year high

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Lack of homes and increased demand a 'major concern'

The mismatch between the lack of homes and increasing demand from would-be-buyers remains a "major concern" and is continuing to push prices even higher, surveyors warned.

Surveyors have called for an increase in the amount of new houses. Credit: Rui Vieira/PA Wire

Simon Rubinsohn, chief economist at the Royal Institution for Chartered Surveyors, said the UK "desperately needs more homes" in a bid to satisfy the demand from buyers.

He said: "Now that the housing market recovery is well and truly under way and mortgage finance is more readily available, buyers seem to be looking to test the market right across the country, not just in the usual hotspots of the South East.

"That said, it is a major concern that we are not seeing enough houses coming on to the market. For the market to operate effectively, we desperately need more homes in areas where people want to buy and want to live.

"Until this happens we're likely to see prices continue to increase and it is going to be ever harder for many first-time buyers to conceive of ever owning their own home."

Read: House sales across Britain hit six-year high

House sales across Britain hits six-year high

The housing market continues to show increasing signs of life across the UK with sales climbing to their highest levels in six years, surveyors have reported.

Sales in the housing market have risen to the highest levels in six years. Credit: Rui Vieira/PA Wire

An average of nearly 23 homes have been sold by surveyors during the three months to March, marking the highest amount since before the economic crisis in February 2008, the report from the Royal Institution of Chartered Surveyors (Rics) said.

All regions across the UK saw buyer inquiries increase last month apart from Wales where new interest was static after strong growth in previous months, the report said.

However, despite increased buying activity, the anticipated spring bounce - which sees more people putting their homes up for sale - "failed to materialise".

Bank boss: London 'housing bubble' a cause for concern

The gap between house prices in London and the rest of the UK, according to Nationwide figures.
The gap between house prices in London and the rest of the UK, according to Nationwide figures.

A "significant housing bubble" in London is a cause for concern, a British bank boss has warned.

In a wide-ranging interview with ITV News' Business Editor Joel Hills, Aldermore CEO Phillip Monks adds, however, that there's not a lot that can be done about spiralling prices in the capital.

"You can go to the ports and close the borders but I don't think that's going to help," he said.

"I don't think it is possible to dampen housing demand in London without wrecking the rest of the UK housing market."

Read: Bank boss says big players have 'stranglehold' on the current accounts market

Housing supply 'lags far behind' pre-financial crisis levels

The number of new houses being built in England "continues to lag far behind" pre-financial crisis levels, according to Nationwide.

Housing supply is around 40% lower than pre-financial crisis levels. Credit: Rui Vieira/PA Wire

The supply of houses is around 40% lower than before the 2008 crisis and that combined with strong interest from overseas investors and a fresh stream of first-time buyers into the market thanks to Help to Buy have been helping to increase property prices - particularly in the capital.

Read: Property price gap reaches record level

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