Camden Rents

Meeting: 
MQT on 2013-01-30
Session date: 
January 30, 2013
Reference: 
2013/0292
Question By: 
Andrew Dismore
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

In your officer's response to Camden Council's

The document was rejected inter alia on the basis that Camden wish to define affordable rent in a way that is genuinely affordable at 30% of gross income applied to median rents, rather than the 80% of market rent you wish to impose. Is it not the case that any normal person would see the Camden definition as affordable and yours not, in the context of the high market rents in Camden?

Answer

Answer for Camden Rents

Answer for Camden Rents

Answered By: 
The Mayor

Officers are drafting a response which will be sent shortly.

Written response received 8 February 2013.

The Government's National Planning Policy Framework that affordable rented housing is subject to rent controls that require a rent of no more than 80 per cent market rent (including service charges where applicable). It does not enable boroughs to set rent levels below 80 per cent through the planning system, and as the inspector who recently considered a similar document from Tower Hamlets pointed out, the only effect of trying to do so will be to restrict the total number of new affordable housing for viability reasons. I have sought to address the affordability concerns you raise by negotiating a strategic London wide average rent at 65 per cent of market rent across the 2011-2015 London Affordable Homes programme.