Sadiq Khan to accelerate housing developments

Sadiq Khan to accelerate housing developments
The new Mayor of London has moved quickly to follow through on his promises to London's electorate following his election.

A crushing defeat of Zac Goldsmith has given Sadiq Khan an opportunity to put London's housing crisis to bed, and he has announced a fast-tracking of scores of development sites.

Khan has already stated he wants to unlock Landmark Court in Southwark to the tune of at least 120 new homes, and wants to work alongside City Hall to identify more available public sector land, but will not target the Greenbelt.

The new Mayor asked officials to audit City Hall's preparedness to tackle the housing crisis and found that affordable housing is at a standstill, there is a shortage of construction skills and a flawed process of identifying public land for homes.

In his manifesto, Khan aimed for 50pc of all new homes in London to be genuinely affordable, and also wants native Londoners to have first refusal on those properties. Other caveats of his proposal include part-buy-part-rent housing and a new London Living Rent.

Khan also proposed 180,000 housing association properties over ten years and rules to outlaw, or at least reduce, empty properties.

His most difficult task is to see through his 'one-for-one' replacement of all London properties sold in his tenure, especially given that Khan also set out guidelines that replacement properties would be built in the same area as the sold property.