• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

MayorWatch

London News and Comment

  • NEWS
  • Twitter

Livingstone: Tough Targets Delivering Homes

November 21, 2007 - Staff

Mayor of London Kn Livingstone has said tough targets on the number of affordable homes to built across the capital are responsible for an increase of 4,686 new shared ownership homes and an increase in social rented homes.

Figures to be published by the Mayor’s office today will show that in 2006/7 4,686 new “intermediate” or shared ownership homes were built in the capital – an increase of nearly two thirds on the previous year, and three times the level achieved in 2001/2.

Mr Livingstone said the figures were proof that those calling for London’s council’s to have the power to ignore his targets which call for 50% of all new homes to be ‘affordable’ “are so wrong.”

The Mayor said “Giving up the 50 per cent target would encourage and reward poor performing councils at the expense of those who are delivering and at the expense of Londoners looking for their first home to own.”

“It would inevitably mean fewer homes both for affordable shared ownership and for affordable renting.”

Mayor Livingstone will also set out new proposals for big further increases in the number of shared ownership opportunities for Londoners. Plans in his statutory housing strategy will call for 21,000 more shared ownership homes over the period 2008–2011, better targeting of shared ownership opportunities so they are more affordable to those on lower incomes who cannot get on the housing ladder and a quadrupling the number of family sized (3 bedroom plus) shared ownership homes to increase opportunities for families.

Mr Livingstone said he has “agreed with government that they will provide the funding that is needed for this big new increase in home ownership opportunities for lower income Londoners. Now we must keep the pressure up on all those responsible for delivery.”

“The one thing that would do most damage to the ambitions of many Londoners for a new shared ownership home would be the foolish suggestion that we should abandon the targets that have already delivered better performance and thousands more new home owners.”

Download a list of new intermediate housing numbers by borough.

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to print (Opens in new window)
  • Click to email this to a friend (Opens in new window)

Tagged With: Affordable Housing

RECENT UPDATES

TfL and Siemens unveil new Piccadilly line Tube train designs

852 new homes to be built in Acton by Transport for London

HGV operators in London urged to apply for a Direct Vision Standard permit

TfL proposes bus and tube cuts and annual fares increases to achieve long-term financial sustainability




Popular

1,700 extra Santander Cycles are coming to London’s streets

TfL confirms changes to Older Person’s Freedom Pass and 60+ Oyster card hours

TfL fares to rise in return for £1.6bn Government rescue package

Election for Mayor of London and London Assembly postponed until 2021

FEATURED

City Hall to move to Docklands as Mayor seeks to raise £55m for frontline services

‘Concern’ over TfL’s ability to deliver major projects in wake of Crossrail cost overruns

City Hall halts London Overground ticket office closures but many will still see opening hours reduced

Transport for London confirms bus cuts will go ahead despite passenger opposition

GOT A STORY?

As the original London news and scrutiny site we've been casting an eye over the capital's public services and politicians since 1999.

 

Many of our top stories started with a tip-off from a reader - if you've got something you'd like us to cover get in touch and we'll do the rest.

Stay In Touch

  • E-mail
  • RSS
  • Twitter

Copyright © 2021 MayorWatch Publications Limited · MayorWatch is Registered Trademark · All Rights Reserved · Contact Us · Terms of Use · Privacy Policy

MayorWatch Publications Limited · 20-22 Wenlock Road · London N1 7GU · Company Number 6291816

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.