London mayor spends £12m on hospital land for affordable homes

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Part of a hospital site in north London is to be developed for affordable housing.

Sadiq Khan, the mayor of London, has invested £12.8 million from the Land Fund he created to buy the 1.4 hectare site in Edmonton in Enfield. The site is part of the North Middlesex University Hospital (NMUH) and is currently home to a car park, offices and hospital testing facilities.

Those facilities are to be relocated to other areas of the hospital site while at least 200 homes are built on the vacated land.

Part of housing strategy

At least 50 percent of the new homes will be social rented or other genuinely affordable housing as part of Mr Khan’s housing strategy.

The redevelopment of the site will start by March 2022.

James Murray, deputy mayor for housing and residential development, announced the purchase, saying: “The mayor and I are determined to do everything within our power to build more social rented and other genuinely affordable homes for Londoners.

“Under Sadiq, City Hall is taking a far more active approach to unlocking sites across the capital.

“We are using the Land Fund he established to buy sites like this one in Enfield, where we will be able to build genuinely affordable homes while protecting healthcare for the local community.”

Fantastic opportunity

Maria Kane, chief executive of North Middlesex University Hospital NHS Trust, added: “This investment is a fantastic opportunity to develop the area around NMUH. We’re looking forward to working with the Greater London Authority to make best use of the land so that it better meets the needs of people who use the hospital and benefits our local community.”

Mr Khan has put aside £250 million for a Land Fund that acquires and prepares land for new and affordable housing, working with London’s boroughs and development partners. Any money made from selling the land is then used to buy more land for new homes.

About the Author Frances Traynor

Fran is the content writer for Capital Conveyancing, producing articles on all aspects of the conveyancing process and around the UK property market in general. If there is a topic you'd like to see covered on these pages, please drop Fran a line on Frances@searchesuk.co.uk.