(LCCI) London Mayoral Election 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.

You May Also Enjoy

Breaking News

Gap between house prices and earnings narrows

Gap between house prices and earnings narrows – but higher borrowing costs limit affordability gains UK’s house price to income ratio falls from 7.6 to 7.3, an 11-year low, as earnings continue to outpace house price growth For first-time buyers, homes now cost less than six times earnings, falling from 6.1 to 5.9 However, monthly…
Read More →
Rightmove logo
Breaking News

New Scheme Could Double Solo Buyer New-Build Options

Your First Home could more than double new-build options for solo first-time buyers The number of available new-build homes in England affordable to an average single first-time buyer could more than double (+114%) under the new Your First Home scheme The maximum purchase price affordable to an average solo buyer could increase by nearly £49,000,…
Read More →
Breaking News

Annual house price growth halves in September

UK annual house price growth halved to 0.8% in September, from 1.6% in August Northern Ireland remained best performing region, with prices up 5.9% year on year in Q3 2026 East Anglia weakest performing region, with annual decline of 0.7% Terraced properties were the strongest performing property type, with a 1.8% rise, whilst flats remained…
Read More →
Estate Agents should not all look the same
Estate Agent Talk

Homesellers say valuation appointment is key

Nearly nine in 10 home sellers say the valuation appointment is key when choosing an estate agent   The latest research from GetAgent.co.uk has revealed that the valuation appointment remains one of the most influential stages of the home selling journey, with almost nine in 10 sellers saying it played an important role when deciding which…
Read More →
Rightmove logo
Breaking News

London’s rental market bucks the national trend

New analysis from the UK’s largest property platform Rightmove reveals that rental demand in the capital is up 7% in September while Great Britain overall is 2% below last year Rental demand in London had been running around 7% below 2025 levels on average throughout 2026 until the end of August before moving into growth…
Read More →
Breaking News

Higher mortgage rates put buyers in the driving seat

Market conditions vary locally: three in four Scottish homes find a buyer within three months, compared with just three in ten in London   Mortgage rates now average 5.2 per cent, the highest level in three years, adding £150 a month (£1,800 a year) to typical repayments and further cooling buyer demand Homes for sale…
Read More →