The Vistry Group has been appointed to develop an affordable housing scheme next to North Middlesex Hospital. The project includes 284 homes ranging from one to four bedrooms, alongside a park and community facilities. Half of the homes will offer social rent, around 50% of the market rate, with the remaining for shared ownership. This initiative aims to address London's housing pressures, with a target of building 23,900 to 27,200 affordable homes by March 2026. The development is reported as a significant step in creating affordable living options in London.
"Tackling housing pressures in the capital and delivering affordable new homes for Londoners remains a top priority for me as we work together to build a better, fairer London for everyone."
"The properties will be 'genuinely affordable', with half to be available at a social rent - about 50% of the market rate - while the other half are to be for shared ownership."
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