Housing is Londoners biggest concern

The Mayor of London, Sadiq Khan, yesterday outlined his plans to create a better city for all Londoners, where no community is left behind and where everyone has the opportunities they need to fulfil their potential.

Published yesterday the press release headlines , The Mayor plans to create ‘A City for all Londoners’, the  document is the first step towards the creation of a new ‘London Plan’ – the document which sets the rules for how London develops.

The report states: Londoners regularly raise housing as their biggest concern– with only eight per cent of Londoners satisfied with housing in the city. A shortage of truly affordable homes is acting as a drag on the attractiveness of London as a place to live and work. That is why the Mayor has made housing such a priority and is working to deliver more, better, genuinely affordable homes for the Londoners who need them.

Housing is highlighted in the document: The Mayor is clear that building enough new homes and catering to the needs of all Londoners, including the most vulnerable, is extremely challenging and will be a marathon rather than a sprint. He is:

Working towards a London-wide target for 50 per cent of new homes built in London to be affordable. This is planned to be achieved through his new London Plan and by working closely with boroughs, housing associations and the development industry, through the new Homes for Londoners Board.

Building new homes both for sale and for rent, including a range of different sorts of affordable housing. Delivering more shared ownership properties and renting options to help middle earners.

Launching a new No Nights Sleeping Rough Taskforce, in partnership with boroughs, charities and other key players – aiming to help people who are sleeping rough and, crucially, to prevent people ending up on the street in the first place.

Read the press release ‘A City for all Londoners’ in full click here

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Finance

Your First-Time Buyer Mortgage Journey

Introduction Buying your first home is one of the biggest financial decisions you’ll ever make, and the mortgage process can feel like a maze of unfamiliar terms, forms and waiting. The good news is that mortgages for first-time buyers follow broadly the same path, and once you understand the stages involved, the process becomes far…
Read More
Breaking News

London property values set to fall

The latest market analysis from House Buyer Bureau has found that London is now the only region of Britain where house prices continue to trend downwards, with the average home in the capital forecast to lose almost another £5,000 in value before the end of the year should current market conditions persist. House Buyer Bureau…
Read More
Breaking News

London property values set to fall

The latest market analysis from House Buyer Bureau has found that London is now the only region of Britain where house prices continue to trend downwards, with the average home in the capital forecast to lose almost another £5,000 in value before the end of the year should current market conditions persist. House Buyer Bureau analysed…
Read More
Breaking News

Second-steppers turn to higher LTV mortgages as deposits fall

Barclays mortgage data shows the average value of home movers’ (non-first-time buyers) deposits fell -24.8 per cent year-on-year However, the average purchase price for home movers increased 1.0 per cent year-on-year in June, as borrowers make use of higher loan-to-value mortgage products to climb the ladder 34 per cent of prospective second-steppers say they feel…
Read More
Breaking News

Breaking Property News 23/7/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   Guide to AI in Commercial Real Estate: Executive Summary by Ascendix AI in commercial real estate – a beginners manual Wes Snow, co-founder & CEO of Ascendix Technologies, ”Approximately 75% of US real estate companies have already started using AI in their operations in…
Read More
Estate Agent Talk

Conservatories fall out of fashion

Conservatories fall out of fashion as fewer than one in 10 homes boast the former must-have feature   The latest market analysis from eXp UK has revealed that conservatories appear to have fallen out of favour with England’s homeowners, with fewer than one in 10 properties currently listed for sale offering the once-popular home improvement.…
Read More