London affordable housing target may be eased

London Mayor Sadiq Khan is considering reducing the affordable housing requirement for new developments. City Hall acknowledges that the capital faces a significant challenge, with the government estimating a need for 87,992 new homes annually from 2026. Councils are currently spending £5.5m a day on homelessness, mainly on temporary accommodation, up from £4.2m in 2023/24, underscoring the scale of the housing crisis. In 2024/25, only 3,991 affordable homes were started, with just 312 completed between April and June. 

The Standard (01/10/2025)