New Mayor London Estate Agent

Khan's housing policy snapshot

As Londoners prepared to vote for their new mayor last Thursday, the housing issue is at the front of many of their minds. The first Labour mayor to have been elected since Ken Livingstone left the post in 2008, Sadiq Khan has had housing policy at the forefront of his manifesto. As the cost of living in London continues to rise, Khan has zoned in on generating more homes for Londoners. Brinkley's Estate Agents offer many properties in the surrounding areas of Putney, Southfields and Wimbledon.

As Khans conquest in the race has been specified, we take a look at his key housing policies and how they are set to be initiated.

Khan’s key strategies:

• To provide support to housing associations in order for 80,000 new homes a year to be built in London.
• To make 50% of new homes built genuinely affordable.
• To enforce that Londoners are given the option to buy newly built homes first.
• To improve tenants’ rights when renting, including more control over contract length, cost of rent and the living standard of homes.

How Khan plans to deliver Londoners with results:

• By setting up a new team in City Hall, ‘Homes for Londoners’.
• By creating an alliance with councils, housing associations, developers and businesses.
• By building on land currently owned by the Mayor and bidding on other public sector land.
• By bringing the case for landlord licensing schemes to government.

How well these initiatives are applied remains to be seen, but it is set to be a very exciting four years for Londoners and the city’s property market.