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Mayor announces team to speed up house building

Thu 25th August 2016, 4:59 pm

Mayor of London Sadiq Khan has announced plans to set up a new task force Homes for Londoners at City Hall, to oversee housebuilding and speed up the delivery of affordable homes.

Finance surveyors and property consultants will be recruited as members and will scrutinise viability assessments to determine that a reasonable number of affordable homes are allowed for.

The mayor said: "Homeownership has been slipping increasingly out of reach for more and more Londoners, and rents have been getting harder and harder to afford. I want to be honest with Londoners from the start that it will take time to turn things around – we're starting from a position where last year the previous mayor built the lowest number of affordable homes since records began.

"I am determined that Londoners get the same opportunities this great city gave me. That is why I am setting up my Homes for Londoners team to speed up homebuilding and to move towards 50 per cent of new homes in London being genuinely affordable to rent and buy."

To learn more about the Homes for Londoners team, book your place at Sitematch London to secure a meeting with the Greater London Authority.

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