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  • Intermediate housing

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    1401 Londoners have responded | 04/08/2020 - 11/10/2020

    Hamlet Close, Catford

    Background

    The challenge

    A key part of the Mayor’s strategy to address London’s housing crisis is to increase the number of genuinely affordable homes in London. Genuinely affordable homes include homes at social rent levels, as well as intermediate homes for Londoners who are unlikely to access homes at social rent levels, but may struggle to afford private rents or buy a home.

    Such schemes are typically aimed at working-age Londoners. The main types of intermediate home supported by the Mayor are:

    • Shared ownership homes: where you purchase a share of the property and pay a belowmarket-value rent on the remainder of the property. When you can afford to, you can increase the share you own and decrease your rent. 
       
    • London Living Rent: homes where the rent is set in relation to local incomes (typically rent is based on a third of average local household incomes). You have the option to buy the home on a shared ownership basis.


    City Hall is keen to understand what Londoners think of intermediate housing, to help shape the Mayor’s policies in this area.

    Read more about intermediate housing

    Our approach

    Betweem 3 August and 11 October, we're running a survey and a discussion on intermediate housing. This is part of the Intermediate Housing Consultation and your views will help shape the Mayor's policies in this area.

    Policy team

    The Mayor’s Housing and Land team is responsible for the Mayor’s plans to deliver new and improved homes and strong communities. Working closely with boroughs and partners, they manage the Mayor’s housing investment programmes and land and property assets to support the building of genuinely affordable homes, job creation and regeneration.

    This includes:

    • building high quality homes for Londoners and creating inclusive neighbourhoods;
    • delivering genuinely affordable homes;
    • delivering Government funding to remediate unsafe buildings in London following the tragedy at Grenfell Tower;
    • creating a fairer deal for private renters and leaseholders; and
    • tackling homelessness and helping rough sleepers.

    Timeline

    STAGE: City Hall challenge STAGE: Evidence gathering

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