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01 Jul, 2016

Affordable housing built in London – news

Posted by: Geoff Davis In: Affordable housing|architecture|Buildings|Housing|Planning

Mapleton Crescent London SW18 affordable housing new build

Mapleton Crescent London SW18 affordable housing new build

Wandsworth Council, a large borough in South London, has exceeded targets for affordable housing new builds. This means low cost, market cost, social rent and starter homes with shared ownership, where the tenants pay a part of the mortgage towards part-ownership, which can be traded.

There were 501 low cost homes newly built in Wandsworth 2015/16. This is over twice the previous year’s total. Wandsworth Council say there are 1742 more affordable homes on the way.

There is a huge amount of new build in the London area, and also conversions of office blocks allowed via relaxing of change of use, from office to residential, laws. There is a glut of so-called luxury 2 bed flats, all much the same, for the overseas market so it is good to see more affordable housing getting built.

Wandsworth Council housing news >

Pocket Living site for the Mapleton Crescent development >

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