{"id":148546,"date":"2024-12-20T17:34:06","date_gmt":"2024-12-20T10:34:06","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taxpayers-may-need-to-bail-out-sadiq-khans-london-housing-fund-say-auditors\/"},"modified":"2024-12-20T17:36:12","modified_gmt":"2024-12-20T10:36:12","slug":"taxpayers-may-need-to-bail-out-sadiq-khans-london-housing-fund-say-auditors","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taxpayers-may-need-to-bail-out-sadiq-khans-london-housing-fund-say-auditors\/","title":{"rendered":"Taxpayers may need to bail out Sadiq Khan\u2019s London housing fund, say auditors"},"content":{"rendered":"


\nGLAP missed repayment deadlines for \u00a3300m government loan and concerns raised over poor managementTaxpayers may be forced to bail out the mayor Sadiq Khan\u2019s London housing fund, after it repeatedly missed repayment deadlines for a \u00a3300m government loan and its auditors raised concerns over poor management.The London mayor\u2019s property development vehicle, known as Greater London Authority Land and Property Limited (GLAP), inherited the \u00a3300m debt when it was formed under Boris Johnson in 2012, after a merger of other public development bodies. Continue reading…
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\nSource : theguardian.com
\nRead more…Taxpayers may need to bail out Sadiq Khan\u2019s London housing fund, say auditors<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

GLAP missed repayment deadlines for \u00a3300m government loan and concerns raised over poor managementTaxpayers may...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-148546","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-CDU","jetpack-related-posts":[{"id":65702,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sadiq-khans-housing-policy-is-good-for-small-builders-and-london-barry-mortimer\/","url_meta":{"origin":148546,"position":0},"title":"Sadiq Khan's housing policy is good for small builders and London | Barry Mortimer","date":"September 7, 2017","format":false,"excerpt":"\r Londoners should welcome the mayor\u2019s plans to use smaller builders for small-scale housing developments across the capitalBarry Mortimer is director of the Federation of Master BuildersThe underlying cause of London\u2019s housing crisis is a long-running mismatch between a high level of need and a low level of new housebuilding.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23801,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-housing-tfl-land-set-for-affordable-homes-as-sadiq-khan-picks-expert-team\/","url_meta":{"origin":148546,"position":1},"title":"London housing: TfL land set for affordable homes as Sadiq Khan picks expert team","date":"August 24, 2016","format":false,"excerpt":"\r The capital\u2019s 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73121,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mapped-sadiq-khans-plan-to-ban-new-fast-food-shops-within-400m-of-london-schools-may-fizzle\/","url_meta":{"origin":148546,"position":2},"title":"Mapped: Sadiq Khan's plan to ban new fast food shops within 400m of London schools may fizzle","date":"November 28, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Mapped: Sadiq Khan's plan to ban new fast food shops within 400m of London schools may fizzle","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88155,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sadiq-khans-250m-fund-battles-luxury-developers-for-first-time\/","url_meta":{"origin":148546,"position":3},"title":"Sadiq Khan's \u00a3250m\u00a0fund battles luxury developers for first time","date":"May 14, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Sadiq Khan's \u00a3250m\u00a0fund battles luxury developers for first time","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28501,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dont-blame-foreign-investors-the-roots-of-the-housing-crisis-lie-closer-to-home-david-madden\/","url_meta":{"origin":148546,"position":4},"title":"Don\u2019t blame foreign investors \u2013 the roots of the housing crisis lie closer to home | David Madden","date":"October 4, 2016","format":false,"excerpt":"\r Sadiq Khan\u2019s investigation into the London property market is a distraction. The housing bubble has been created by the actions of British politiciansIn a city where super-prime properties and tenant evictions are both on the rise, the housing system is broken and many residents are looking for someone to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15246,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-will-sadiq-khan-help-londons-private-renters\/","url_meta":{"origin":148546,"position":5},"title":"How will Sadiq Khan help London's private renters?","date":"June 3, 2016","format":false,"excerpt":"\r The capital\u2019s new mayor is starting to flesh out some of his manifesto pledges in a key area of housing policySadiq Khan\u2019s approach to winning his famous London mayor election victory suggested he doesn\u2019t fight battles he cannot win. 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