Thu, 14 November 2024 10:17:49am
London’s housing crisis is about to take a dramatic turn. In a surprising move, Deputy Prime Minister Angela Rayner has scrapped a controversial review of the London Plan, opting instead for a groundbreaking partnership with Mayor Sadiq Khan. This new strategy promises to revolutionize housebuilding in the capital, aiming to deliver the homes London desperately needs.
In a bid to tackle London’s housing crisis head-on, Deputy Prime Minister Angela Rayner has withdrawn a mandated review of the London Plan, a directive previously ordered by the last government. This bold decision marks the beginning of a new “partnership approach” with London Mayor Sadiq Khan, aimed at significantly boosting housebuilding efforts in the city.
Earlier this year, the former Secretary of State had instructed Mayor Khan to review parts of the London Plan, which outlines the city’s development strategy. However, Rayner’s recent move to withdraw this review underscores a shift towards collaboration and proactive measures to address the housing shortage.
In a letter to Mayor Khan, Rayner acknowledged the pressing housing issues facing London and expressed her commitment to working closely with the Mayor to ensure all possible steps are taken to increase housing delivery. By withdrawing the review, the government and the Greater London Authority can now adopt a unified approach to tackle the housing crisis.
Rayner emphasized the shared commitment between her and Mayor Khan to resolve the housing crisis and stimulate economic growth, ultimately creating real opportunities for Londoners. The new approach will focus on building the necessary housing and unlocking the city’s economic potential.
Under the proposed changes to the National Planning Policy Framework, London is set to build around 80,000 new homes annually – a record-breaking and ambitious target that more than doubles the current average. The government and the Mayor are dedicated to achieving this goal through revised housing targets and planning system reforms.
Additionally, the New Homes Accelerator initiative will see the Ministry of Housing collaborate with Homes England to expedite housing delivery. London will also benefit from the £150 million Brownfield, Infrastructure, and Land Fund, further supporting the city’s housing development efforts.
This initiative is part of a broader plan to construct 1.5 million homes nationwide over the next five years by overhauling the planning system and reinstating mandatory local housing targets.