Laura Sharman 07 March 2016

Calls for a housing ‘city deal’ for the capital

Calls for a housing ‘city deal’ for the capital image

The mayor of London and the boroughs should join forces to push for ‘radical’ new powers over housing, borrowing and property taxes, according to the final report from the London Housing Commission.

The Commission, chaired by Lord Bob Kerslake, calls for a ‘city deal’ for London’s housing including removing the cap on housing borrowing limits, the greater retention of stamp duty, and the freedom to set local planning fees and council tax premiums on empty and second homes.

In return, the report says the mayor and boroughs would have to agree to double the number of new homes in the capital by 2020, as only 50% of the homes needed are currently being built.

Lord Bob Kerslake said: ‘If nothing is done, both the scarcity and affordability of housing across London will continue to worsen. Levels of home ownership will continue to fall and rents will continue to rise. That will not only put extra strains on the lives of Londoner’s living in the capital, but will also have wider social and economic consequences.

‘The next strategy for London housing requires two phases. First, there is a number of actions the Mayor and the boroughs can take immediately to boost housing supply. Beyond that, there are a series of longer-term reforms, including devolving powers to the Mayor and the boroughs, which would make further inroads into the housing crisis, and maintain the momentum behind the efforts of the Mayor and boroughs.’

SIGN UP
For your free daily news bulletin
Highways jobs

Principal Human Resources Adviser

Royal Borough of Greenwich
£37722 - £40869 per annum
Principal Human Resources Adviser - 1 year Fixed Term ContractRoyal Greenwich is ambitious in its commitment to residents and to service delivery. We' England, London, Woolwich
Recuriter: Royal Borough of Greenwich

Network Architect

Camden London Borough Council
Competitive Salary
The job holder will require a good understanding of security & connectivity practices in the context of Cloud services preferably Microsoft Azure. Camden, London (Greater)
Recuriter: Camden London Borough Council

Transport Development Officer

North Yorkshire County Council
£39,880 - £43,857 per annum
A flexible working offer that allows you to have a true work/life balance. Northallerton, North Yorkshire
Recuriter: North Yorkshire County Council

Recycling Manager

Camden London Borough Council
£41,952 - £48,663
The position sits within the North London Waste Authority’s (NLWA’s) Strategy and Services team, managing... Camden, London (Greater)
Recuriter: Camden London Borough Council

Traffic Management Officer - Carlisle

Cumbria County Council
£31.346 - £32.234
This role involves working within the traffic team liaising with members of the public and councillors agreeing and... Cumbria
Recuriter: Cumbria County Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue