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It’s been over two years since the London Plan was adopted on 2nd March 2021. During that time, we’ve navigated the Covid pandemic, Brexit, and three Prime Ministers.
Against the backdrop of this economic and societal change, the Mayor of London and the Government is struggling to agree on how to provide more homes and make them affordable.Â
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The London Plan set an annual target of 52,000 new homes a year between 2019/20-2028/29 across 32 London Boroughs, the City of London Corporation and two Mayoral Development Corporations. The need for affordable housing in the capital is immense, with the 2017 London Strategic Housing Market Assessment (SHMA) identifying that 65% of London’s need is for affordable housing.
The plan seeks to rise to this challenge by setting a strategic target that 50% of all new homes delivered across London are to be ‘genuinely’ affordable.
But more needs to be done to help with housing delivery in the Capital. Will the Government’s announcement for extra funding towards Old Oak West and Docklands 2.0 be enough? We delve into the detail of the moving parts in the planning system.Â