"What I have said to the Government is: let's have a frank conversation about what we can do. I'll go into those conversations with an attitude of nothing is off the table'. It's really important that we understand our city faces a housing crisis. That includes the fact there is an affordability crisis. Londoners have been priced out of our city for too long."
"We have got to increase the supply of housing in London to meet the demand. We have broken records in terms of homes completed, and numbers of council homes being built. At the same time, we have got to recognise that across the country, housing starts have fallen off a cliff. In London, what I want to do is get a bespoke agreement with the Government. That could be freeing up regulation, changing rules in relation to planning to try to kick-start housebuilding in London."
Sadiq Khan is considering reducing the 35% affordable-housing requirement for new London developments and may accept a lower target, possibly below 20%. He is engaging developers, councils and the Ministry for Housing, Communities and Local Government to seek a bespoke agreement and political cover from central government. He frames the change within a wider housing and affordability crisis in London, noting record home completions and rising council home building alongside falling national housing starts. Proposed options include freeing up regulation and changing planning rules to kick-start housebuilding and increase housing supply to meet demand.
Read at www.standard.co.uk
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