London’s housing market is distinct. The ravenous appetite for property, the competition for public land between housing and services, the mix of tenures and shifting demographics, the mutable definition of ‘Affordable Housing’, changing developer contribution requirements, and of course the levels of acute housing need — taken together, these factors distinguish the London housing market from that of England as a whole, and have major implications for the delivery of housing that is affordable.
Reflecting these diverse challenges, Future of London maintains a broad programme of work around housing, including our influential study of the use and viability of the Affordable Rent Model in London, with the support of Oak Foundation, which fed into the Mayor’s Draft Housing Strategy, and ongoing work on the Private Rented Sector and estate renewal.
Upcoming and recent events are below, along with links to publications and briefings on this important topic.
23rd October 2014
Engaging with the Private Rented Sector – Seminar 2
|The Affordable Rent Model in London: Delivery, Viability, Potential
This report examines the use and viability of the Affordable Rent Model as a means of building new affordable housing in London. Drawing on empirical data, interviews and case studies, it investigates delivery to date, and considers emerging approaches to a programme which faces considerable challenges in London’s current housing and benefit context. The report culminates in a set of recommendations designed to inform future affordable housing programmes in the Capital.
An executive summary of this report is available here: Executive summary: The Affordable Rent Model in London
|Changes to Affordable Housing in London and Implications for Delivery
Ben Harrison, Joanna Wilson and Jennifer Johnson, Future of London
This paper gives an overview of the London housing market with a particular focus on affordability and the impact of recent policy reforms on affordable housing. It argues that a new, sustainable delivery model for London is needed if the capital is to meet its affordable housing challenge.
|The Future of London's Private Rented Sector
Joanna Wilson and Jennifer Johnson, Future of London
As the private rented sector becomes increasingly important in housing Londoners, this briefing paper examines key PRS themes including government responses, sector regulation, and institutional investment.
|London for Sale? An assessment of the private housing market in London and the impact of growing overseas investment
Andrew Heywood, Future of London
New research by the Future of London and The Smith Institute warns that unprecedented growth in overseas investment in London’s property market creates the risk of another housing bubble, and is pricing out local people.
News and Project Updates
- Housing stock in London’s PRS July 27, 2015 The second article in our Making Sense of London’s PRS series focuses on the quality and types of stock found in the PRS, and the growth in HMOs.
- London’s PRS Growth July 20, 2015 The first article in our new series, Making Sense of London’s Private Rented Sector, explores changes in tenure and the significant PRS growth that has occurred across London
- The Role of Rent Stabilisation in Improving London’s PRS May 21, 2015 On 14th May, Future of London held a seminar on rent stabilisation, with an audience that included a number of mayoral contenders, as well as practitioners from across London.
- Tools for accelerating housing delivery: FoL to look at London’s Housing Zones April 30, 2015 In November 2013, London mayor Boris Johnson announced his intention to establish Housing Zones as part of a package of measures to increase housing delivery in the Capital. The 2013 draft London Housing Strategy highlighted the gap between supply and demand, and proposed new policy tools and funding to meet the shortfall. Bidding for Housing Zone ...
- PRS Licensing in London – shifting sands April 15, 2015 Future of London’s new briefing looks at shifting landscape of private-rented property licensing. The paper gives a summary of policy and a step-by-step guide to planning and implementing PRS licensing.