Southern Grove

Study reveals decline of affordable housing provision in London

The construction of affordable housing has fallen by almost 62% in some London boroughs in the past decade, according to research.

Analysis by property developer Southern Grove has revealed that the City of London suffered the steepest fall of any local authority, recording a 64.1% drop.

Hammersmith & Fulham and Redbridge were the worst-performing boroughs, falling by 61.6%.

The latest figures showed that 9,205 affordable homes were built in 2018/19, just over half of the 18,120 constructed at the capital’s peak in 2014/15.

The London Assembly estimates that 43,000 new affordable homes are needed each year up to 2041 to meet demand.

Andrew Southern, chairman at Southern Grove, commented: “Years of abysmal housebuilding rates have left London with an enormous black hole in its provision of affordable homes.”  

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