Property News · August 24, 2016

London housing: TfL land set for affordable homes as Sadiq Khan picks expert team


The capital’s mayor has begun moves to put his low cost housing pledges into effectLondon mayor Sadiq Khan has announced two forward steps on his long and testing quest to improve the supply of new homes for low and middle income households. One is the release for development of a piece of Transport for London (TfL) land in Kidbrooke. The other is the start of assembling his expert Homes for Londoners unit at City Hall. The Kidbrooke site is the first brought forward by TfL under Khan’s manifesto pledge to supply “part-buy, part-rent” shared ownership homes on publicly-owned land for first-time buyers, giving “first dibs” to Londoners who’ve been renting for five years, especially in Outer London. It demonstrates both continuity of policy from what TfL did under Boris Johnson and significant adjustments of it. Continue reading…

Source : theguardian.com
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