London’s housing market is distinct from the rest of the country. The demand for property, the mix of tenures and households, the difference in affordability of renting or buying, and the levels of acute housing need, all distinguish the London housing market from England as a whole, and have major implications for the delivery of housing that is affordable.
Reflecting these diverse challenges, Future of London is undertaking a broad programme of work around housing in 2013, including a new project on the use and viability of the Affordable Rent Model in London, with the support of Oak Foundation. We are researching and analysing the use and viability of the ARM as a means of building new affordable housing in London, in order to make policy recommendations that will influence the formation of the next delivery model.
We are also exploring the impact of overseas investment on London’s housing market, and the growing prevalence of the private rented sector due to challenges in both social housing and owner occupation.
2nd October 2014
Engaging with the Private Rented Sector – Seminar 1 - details to follow
23rd October 2014
Engaging with the Private Rented Sector – Seminar 2 - details to follow
|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
- New project: Engaging private landlords in energy efficiency August 1, 2014Supported by EDF Energy, this research project focuses on how boroughs can engage with landlords to improve PRS housing.
- Communities in Transition: Woodberry Down March 19, 2014On April 29, Future of London will visit Woodberry Down in LB Hackney for our latest Communities in Transition field trip, as part of Green Sky Thinking week.
- HRA Reform in London – a qualified success? December 9, 2013Our 2012 survey showed that HRA reform was the measure which practitioners thought would be the most useful – we take a look at whether this is still the case two years on.
- Price of private sector housing continues to climb October 3, 2013It’s been just over six months since the Joseph Rowntree Foundation published our report Changes to Affordable Housing in London and Implications for Delivery. In that time, there have been many developments that continue to shape the city’s housing landscape. It’s early days to gauge the ‘concrete’ impacts of recent housing initiatives by the Coalition Government, ...
- New report ‘The Affordable Rent Model in London: Delivery, Viability, Potential’ June 19, 2013Our report examines the use and viability of the Affordable Rent Model as a means of building new affordable housing in London.