1 Nov

Boris Johnson reveals plans for 3,500 new London homes

Boris Johnson reveals plans for 3,500 new London homes

The Mayor of London, Boris Johnson, has revealed news that a total of 3,500 new homes will be built across the capital in an announcement which will please those looking for property for sale in London.

Mr Johnson has already promised to deliver 50,000 affordable homes by spring 2012 but is speeding up the release of Homes and Communities Agency (HCA) owned plots of land. It is hoped this will help more London-dwellers own properties and revitalise the economy.

The government is working with housing associations and developers to bring forward a number of development areas to be used as plots for homes.

Mr Johnson, said: "At a time of tough financial belt tightening and a need for more affordable homes, releasing these sites for development boosts housing supply and provides a welcome shot in the arm for jobs and the capital's economy.”

The latest release of 8.1 hectares of land on a site in Dagenham was confirmed last week at a meeting of the HCA London Board.


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