London Property Market

The London Plan – BLP Insurance responds to housing proposals

Property News

Following today’s publication of Mayor Sadiq Khan’s draft London Plan, Kim Vernau, Chief Executive Officer, BLP Insurance, comments on the key developments which could mark a real step change in addressing London’s housing crisis:

“The scope and level of support for affordable housing outlined in the London Plan importantly recognises that this is a key deliverable for meeting London’s urgent housing need. The fact that the Mayor is ripping up existing planning rules to get more affordable homes built sends a strong message that he is prioritising this as a key strategic issue for London.

“At the heart of the overall success of the plan is the requirement for the provision of quality new build homes on both infill and smaller sites, where the necessary transport infrastructure is already in place. Unlocking the role of small and medium sized builders and developers will also be critical to delivering new homes in London.

“Modern Methods of Construction are also recognised within the Plan. Embracing the role of techniques such as offsite construction has a vital role to play in supplying quality homes Londoners want to live in, while also addressing problems arising from shortages of skilled labour in the construction workforce.”

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