Bad Move will star the duo as Steve and Nicky, a husband and wife who move to the country but quickly find their new life is not all they dreamed of.
ITV explain: "Steve and Nicky are both on their second marriages and have decided that moving to the countryside from the city is the answer to all their dreams. They've watched all the TV relocation shows and read the glossy lifestyle magazines and fell in love with the idea of 'getting away from the rat race'.
"Unfortunately living a simple existence in beautiful surroundings is not all it's cracked up to be and Steve and Nicky soon find living in the countryside might not be for them after all. Especially when they discover that the house they've bought is situated in what locals refer to as 'The Dip' - a place where internet signals cannot reach, but floodwater most definitely can.
"Thanks to unscrupulous estate agents, architects and builders squeezing more money out of the pair, they find themselves in a financial situation that means there is no going back. The couple must put on a brave face as the last thing they want is for all their friends back in the city to be proven right after they all said it was a 'bad move'."
Jack Dee says: "This is a comedy about the grass always being greener on the other side of the fence - until you jump over the fence and realise it's an algae covered stagnant pond of sludge."
ITV's Comedy Commissioner Saskia Schuster adds: "Husband and wife Steve and Nicky find out how painfully true the adage, 'be careful what you wish for' can be, but at least they are united in their dislike of their new life. Jack Dee and Pete Sinclair's brilliantly funny scripts pit these two misguided characters against their new environment, two characters who could also learn from the adage, 'pride comes before a fall'."
Andrew Beint, executive producer and managing director of production company Open Mike, said today: "Open Mike Productions are thrilled to be working alongside Saskia, the brilliant ITV comedy team and to have the opportunity to bring life to these fantastic scripts by Jack Dee and Pete Sinclair."
The series will begin filming later this Spring and is currently expected to be broadcast in the Autumn.