Peabody & Crown Estate Properties

MQT on 2014-09-17
Session date: 
September 17, 2014
Question By: 
John Biggs
Labour Group
Asked Of: 
The Mayor


Thank you for your answer to my question 2014/2428 about the former Crown Estate properties and the transfer to Peabody. However, although your answer is factual, it does not address the issue of the affordability for those for whom the properties are intended. Can you please respond to the point in my original question which asked what, if any, review mechanism you though should be instituted?


Answer for Peabody & Crown Estate Properties

Answer for Peabody & Crown Estate Properties

Answered By: 
The Mayor

It is not for the GLA to review specific deals housing association may have brokered. The GLA welcomes the way Peabody has recognised the cap of market rent and decreased the rate at which this increases per year and the introduction of a hardship fund to assist the effected residents.