Affordable/Social housing need

MQT on 2009-02-25
Session date: 
February 25, 2009
Question By: 
Mike Tuffrey
Liberal Democrats
Asked Of: 
The Mayor


How many additional families in London do you estimate will be seeking affordable or social housing because of the recession, and what additional provision will you be enabling and on what timetable?


Answer for Affordable/Social housing need

Answer for Affordable/Social housing need

Answered By: 
The Mayor

I have not yet made an estimate of the additional number of households likely to seek intermediate or social housing, as the depth or length of the recession is unknown.

My immediate priority is to work with London boroughs to ensure that Londoners in difficulty have ready access to advice services so that as many people as possible remain in their own homes.

I have also made representations to the government about its mortgage rescue scheme to ensure it better meets the needs of Londoners. I am awaiting a response to my request that the valuation cap is increased from £295,000, and that the current savings limit of £16,000 is increased.