Government and City Hall confirm two-year cut in affordable housing requirements from 35% to 20%

london skyline

Long-awaited package of support to boost housebuilding in London also includes changes to design standards, relief from levies and changes to mayoral powers, in bid to increase density of schemes and improve viability

The government and the Mayor of London have announced their long-awaited package of support to help boost the sluggish housebuilding market in the capital

A joint policy paper this afternoon confirmed developers will be able to secure planning permission without a viability assessment on private land where they commit to 20% per cent affordable housing down from 35% under current policy.

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