Published: 13th Sep 2018

33,000 affordable homes have been lost across London in two years due to missed planning targets, according to new research by London Assembly member, Sian Berry. Her report, No-show homes, examines the potential for affordable homes in developments and what boroughs have actually secured over the past two years. ‘Affordable’ is defined in the current London Plan as being up to 80% of the market rent. The current London Plan policy on affordable housing sets a target for 60% of new affordable homes to be offered at social rents. The plan says that social housing should make up 24% of new developments. However, the report found that only 7,451 (less than 5%) new homes were offered at social rent, resulting in a shortfall of 29,241. Sian Berry called the figures a ‘continual betrayal.’ ‘In just two years people who could fill a small town are being deprived of the chance … (To read the full article, subscribe below)