Housing is Londoners biggest concern

October 25, 2016

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

Breaking News

Barclays unlocks wider mortgage access for company directors

Limited company directors who meet the income threshold can now have their Profit After Tax (PAT) considered in their affordability assessment regardless of property value The change means that, for a wider group of limited company directors, Barclays will consider a fuller view of the applicant’s income The update is the latest in a series…
Read More →
Breaking News

Homebuyer demand fall in Q3

The latest sales demand data from eXp UK has revealed that homebuyer demand in England slipped by -1.6% in Q3 2026. The analysis shows that just five counties managed positive growth during the quarter, suggesting that buyers may be holding back, adopting a wait-and-see approach ahead of what promises to be a vital Autumn Budget –…
Read More →
Estate Agent Talk

Alterations can change a property’s rebuild cost

‘Don’t get caught short’ warning to homeowners from valuations experts – alterations can change a property’s rebuild cost Properties change over time. Homeowners may add an extension, upgrade a kitchen or bathroom, alter the layout, or even change how the building is used, but when do those changes mean it’s time for a new rebuild…
Read More →
Breaking News

HMO conversions hit investors for £82,000 on average

The average cost of converting a property into a house in multiple occupation (HMO) is estimated at more than £82,000 across England, according to new research by residential property management specialist, Rushbrook, although investors looking to avoid the conversion process have more than 2,500 existing licensed HMOs available to purchase. Rushbrook analysed HMO property listings across…
Read More →
Estate Agent Talk

Selling a HAUNTED house?

Property lawyer reveals whether you have to tell buyers about ghosts    HOMEOWNERS selling a property with a spooky reputation have been warned that its haunted history could come back to bite them if a nervous buyer starts asking questions. From unexplained footsteps and doors opening by themselves to tales of former residents refusing to…
Read More →
Breaking News

Renters call for greater transparency in HMOs

National findings released as 1 in 5 tenants report feeling unsafe at some point during their tenancy because of a housemate Rising housing costs pushing more people towards shared accommodation      42% of tenants received no information about their housemates before moving in 60% wish they had known more about who they would be living with…
Read More →