Land acquisition (1)

Meeting: 
MQT on 2015-07-15
Session date: 
July 15, 2015
Reference: 
2015/2248
Question By: 
Tom Copley
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

What proportion of the average cost of development during the 2011/15 affordable homes programme was accounted for by land acquisition? If possible, please provide data for each borough and year of the programme.

Answers

Answer for Land acquisition (1)
Land acquisition (1)

Land acquisition (1)

Answered By: 
The Mayor

The GLA's Investment Management System does not specifically collect information on the cost of land acquisition.  Information is collected on costs related to 'acquisition' but, dependent on the structure of the deal, this will sometimes include other costs such as those related to building homes.  If you would like to see analysis of general costs data please contact my officers in Housing and Land directly.

This answer was received on 24/07/15.