(LCCI) London Mayoral Election 2016

April 20, 2016

The agenda from London Chamber of Commerce and Industry (LCCI) identifies new ways in which it believes the new mayor can tackle London’s housing crisis.

London’s chronic housing undersupply impacts on employees and employers. Liberating more land and empowering more builders is required.

To fix the housing crisis the new Mayor or London should:

1. Review the status of poor quality land within the greenbelt, work with local authorities to reclassify derelict commercial space for mixed residential use and support increased housing density around local transport hubs

2. Target smaller sites identified by the London Land Commission, cut planning red-tape and establish a Small Developers Panel

3. Work with local authorities to ensure sufficient numbers of homes to rent are included within new developments

4. Become ‘Owner – Landlord’ of housing stock for ‘blue light’ essential workers such as Police, Firefighters and Paramedics

London Chamber of Commerce and Industry (LCCI) members range from small and medium enterprises through to multi-national companies. LCCI surveys of business leaders and focused research will provide the new Mayor with insights into what the capital needs to remain an attractive, productive and competitive global city.

Read the full report 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.

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