"Since the programme was signed off in July 2023, 7,878 homes have been started up to December 2025 - 5,188 in the first 21 months and 2,690 since. Unless 9,922 additional starts are delivered between January and March, the mayor will fall short of the target. A City Hall source said housing starts in the 2021-26 AHP had more than doubled compared with the same period last year, from 1,249 to 2,690, and that council home starts had increased nearly fivefold, from 228 to 1,371."
"Both Sir Sadiq and his deputy mayor for housing Tom Copley have blamed high interest rates, rising construction costs and delays linked to the Building Safety Regulator (BSR). City Hall says it is taking steps to boost delivery, including slashing affordability quotas and launching a multibillionpound fund offering developers 0.1% interest loans."
"However, City Hall Conservatives' housing spokesperson, Lord Bailey, said ministers should intervene, calling the figures "a failure". "Fewer than 8,000 homes have even been started, against an original target of 35,000, and still far short of the already reduced expectations for March." He added: "This is not just a statistical embarrassment, it is a human crisis.""
Fewer than 8,000 homes have been started under the 2021–26 Affordable Homes Programme in London, leaving the mayor almost 10,000 short of the reduced target with three months remaining. City Hall reports 7,878 starts up to December 2025 and says starts have more than doubled versus the prior year, with council home starts up nearly fivefold. Critics label the record a failure and call for ministerial intervention. City Hall attributes shortfalls to high interest rates, rising construction costs and Building Safety Regulator delays, and is cutting affordability quotas and offering low‑interest developer loans to boost delivery.
Read at www.bbc.com
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