Housing need

Meeting: 
MQT on 2014-02-26
Session date: 
February 26, 2014
Reference: 
2014/1066
Question By: 
Tom Copley
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

Your Draft Housing Strategy and Draft Further Alterations to the London Plan outline a target to build 42,000 new homes a year in London. This target is derived from an assessment of the number of homes that can be built on the land likely to become available over the period of the London Plan. Despite this target of 42,000 new homes, the Strategic Housing Market Assessment outlines a need to build 62,000 homes between 2015 and 2026. What changes to the way land availability is assessed would be necessary in order to achieve a target of 62,000 new homes a year without encroaching on the greenbelt and metropolitan open land?

Answer

Answer for Housing need

Answer for Housing need

Answered By: 
The Mayor

The 62,000 additional homes figure which you cite is the delivery required to address London's backlog of housing in ten years rather than over the term of the Plan. Currently it is not considered realistic that the development industry would have capacity to deliver that number in the medium-term.

I am using my emerging 2050 Infrastructure Plan as a vehicle to explore long term scenarios under which London's housing needs may be addressed if they continue around current levels. Within and beyond London these scenarios could include development at higher densities around transport nodes; expansion of existing towns; new towns and/or development related to a new hub airport.