City Hall and other public bodies in the capital have been urged to devote at least 10 per cent of their developable land to small and self-builders to help speed up the delivery of new homes.
Conservative London Assembly member Steve O’Connell says the move would help “diversify” London’s housing stock while delivering “thousands of additional homes”.
In 2014 the AM published a report setting out how smaller developers could help deliver homes on land parcels which are of little interest to bigger firms.
Today he said: “Our diverse capital needs a diverse housing stock to match and my previous research has shown there is the potential to deliver thousands of additional homes across London if we look beyond just the major developers.
“By setting aside portions of public land specifically for these smaller developers, we will be maximising our city’s potential and filling the housing gaps that cannot be met with major projects.
“I will be urging public bodies adopt this approach to improve London’s housing market. Small builders can be the solution to London’s big problem.”