Insights

Developers concern over appointment of Deputy Mayor of Housing

20/05/2016

Sadiq Khan, London's new Mayor of London, looks set to appoint Islington's housing chief, James Murray, as deputy mayor of housing.

According to the FT, this has caused concern for many developers as Murray is renowned for his approach to refusing permission for developments without the requisite amount of affordable homes. In fact, Property Week reported that Islington is one of the most difficult in London to bring forward developments.

It will therefore be interesting to see in the next four years whether Islington's policy for requiring affordable homes will be rolled out across all of the London Boroughs, or if the requirement for housing, of whatever type - affordable or not, will triumph.

Quote mark icon

Property industry figures say he has a history of blocking developments that lack high levels of affordable and social housing. This, they argue, could stymie development in the capital.

http://www.ft.com/cms/s/0/6f4411ae-1c33-11e6-a7bc-ee846770ec15.html#axzz49Byi4M5i