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Printed in England
We went to print just before the content of the second budget in less than four months was announced and by now the Chancellor will have shown us how the government intends to cut £12 billion from Britain’s welfare bill.
My guess is that the government’s austerity measures will bite hard as they will want to get unpopular cuts out of the way early in their current term in office. We must just hope that any pain felt by consumers does not damage purchaser confidence and derail the recovering housing market.
But on the brighter side budget forecasters did say that it would find £3 million to fund new apprenticeships, some of which must come the way of the housing sector.
Finally, the new picture is me presenting the London Home Builder Award at the London Construction Awards 2015 and proves that I have got legs – even if you can’t see them!
LONDON HOUSING
Editor’s letter
David Mote, editor of Housebuilder & Developer
Mayor of London announces four more Housing Zones to fast- track 12,000 new homes
Mayor of London Boris Johnson
T
he Mayor of London has announced a fur- ther four Housing Zones across London. This is aimed at accelerating efforts to
deliver the new housing that the city needs and, at the same time, transform large swathes of the capital. The new zones will be located in the boroughs of
Havering, Enfield, Redbridge and Tower Hamlets and together will deliver over 12,000 new homes, nearly 3,500 of which will be affordable housing. With a total of 20 planned this will bring the num- ber of Housing Zones announced to 15, providing 45,109 homes, of which 14,055 will be affordable. The Greater London Authority (GLA) has
contributed a total of £162 million in funding to the new Housing Zones, which are a collaborative effort between the GLA, government and local bor- oughs to streamline approval processes and fast-track development in areas where it may not otherwise happen. Included within the new Housing Zones will be
two brand new rail stations, a large new park, new primary schools, and new retail and entertainment precincts. The Housing Zones will also revitalise currently disused brownfield sites and convert them into communities where Londoners can work, live and visit. Mayor of London, Boris Johnson said: “Housing
Zones will provide the swift delivery of new homes for Londoners that is so desperately needed and cre- ate entirely new, highly-connected urban districts for generations to come. By freeing up empty brownfield sites from lengthy approval processes and providing a funding boost, we can ensure new housing capacity is created in areas where it might never otherwise have happened. I am very pleased that the announcement of four more Housing Zones today brings us within touching distance of our aim to create 50,000 new homes through this innovative scheme.”
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