8 new sites released for small developers in London

Eight new sites for affordable homes in London have been released to small developers.

The sites are part of Mayor Sadiq Khan’s Small Sites, Small Builders programme. The mayor has set a target of delivering 50 percent affordable housing across the city.

The latest eight sites – at Richmond, Ealing, Newham, Bexley, Hounslow, Lambeth and Waltham Forest – are on Transport for London (TfL) land, and they will deliver a total of 90 homes.

Affordable homes promised

The development at Bexley is expected only to deliver affordable homes, while 50 percent of the homes built at Newham and Lambeth will be affordable.

The project was launched as a pilot last year with 10 TfL sites in seven different boroughs, with a great deal of interest from small builders in the capital who wanted to take part.

An £11.2 million partnership between the London Economic Action Partnership and the Mayor of London, Small Sites, Small Builders matches developers with TfL sites across all London boroughs.

Popular programme

James Murray, deputy mayor for housing and residential development, said: “When we launched it last year, the mayor’s Small Sites, Small Builders programme proved very popular with small and medium-sized homebuilders and community-led housing groups.

“In recent years, London has become over-reliant on large developers, and so we are pleased to be able to help more small builders play their part too through this latest batch of TfL sites.”

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.

Leave a Comment: