A new report says Mayor Sadiq Khan should ensure developers build more bungalows in a bid to encourage older Londoners to downsize and free up larger properties for families.
Published by Conservatives on the London Assembly, the ‘Smart Move’ report says 30 per cent of people consider a bungalow to be their ideal home, yet the units make up just two percent of new housing stock.
According to the report, this limited supply means they are on average 11 percent more expensive than other similar sized properties.
Report author Andrew Boff says increasing the number of bungalows built could help free up much-needed family homes across London and suggests that using modern space-saving designs, such as ‘stacked’ bungalows, would ensure the maximum use is made of land plots.
Mr Boff said: “By building more bungalows, which my report shows are in huge demand, we can halt that stagnation and free up family homes for those who need them.
“There is no single solution to solving London’s housing crisis but this is a practical and sensible idea to get the market moving in the right direction.
“I hope the Mayor will seriously consider my recommendations and encourage the building of bungalows to ensure he has a comprehensive housing policy that caters for all Londoners.”