The London boroughs where no affordable homes are being built can be revealed. These boroughs were: the City of London, Hackney, Lambeth, Merton and Richmond. In addition, in a further 12 boroughs, the number started did not even reach double figures. These were: Barking and Dagenham, Bexley, Brent, Croydon, Enfield, Haringey, Hounslow, Islington, Kensington and Chelsea, Kingston, Wandsworth and Westminster.
"We've actually found, in some cases, we've gone above what we needed to [and cut home prices too much in Florida]. So, in order to optimize those assets, we're now increasing [the] price," McGibney said.