The government is to unveil a new housing strategy today.

Schemes the coalition is reportedly considering include ones to help first-time buyers and developers.

The 100-page document will include £400 million housing building fund which developers will be able to compete for in order to build on sites cleared for building.

The government will propose a mortgage guarantee scheme to assist first-time buyers. The taxpayer would ultimately underwrite high loan-to-value loans, with mortgages up to 95% LTV mooted.

The Right To Buy scheme is also expected to be expanded for social tenants.