Unsupported browser

For a better experience please update your browser to its latest version.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Sadiq Khan creates team to review viability assessments

sadiq khan
  • Comment

London mayor Sadiq Khan has assembled a specialist team to examine viability assessments in a bid to increase the number of affordable homes delivered across the capital

Khan has recruited finance surveyors and property consultants who will work to ensure new developments provide the maximum amount of affordable housing and speed up the planning process. 

Further specialists may be recruited after a review of ‘capacity and skills’ at the Greater London Assembly.

Khan will also lead a new Homes for Londoners board – featuring representatives from London boroughs, housing associations and developers – which will oversee the delivery of housing, as well as investment and land assembly decisions. 

But Khan admitted it would ‘take time to turn things around’, because home ownership is ‘increasingly out of reach’ for many and rents are getting higher.

He added: ‘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 home-building and to move towards 50 per cent of new homes in London being genuinely affordable to rent and buy.’

Despite Khan’s 50 per cent target, the AJ understands that the Greater London Authority is set to outline a 35 per cent flat affordable housing requirement on private-sector housing schemes.

In addition, City AM reported on Monday that new City Hall documents cast doubts over whether the mayor can sell off TfL-owned land in accordance with his 50 per cent affordable housing target. This is because when TfL sells off land it is required to act as if engaged in a commercial enterprise and to seek the maximum return achievable.

  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.