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Affordable homes target slashed to 20% to tackle London’s housebuilding crisis

The government aims to accelerate housebuilding by reducing affordable housing requirements to 20%, with measures expected to benefit tens of thousands, officials said.

  • The government and the mayor of London have agreed to change the quota for affordable housing in new developments from 35% to 20% to incentivize developers and build more houses.
  • A further £322m City Hall Developer Investment Fund has been created to encourage developers.
  • The mayor said urgent action is required to prevent the supply of affordable housing for Londoners from drying up.
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Affordable homes target slashed to 20% to tackle London’s housebuilding crisis

London Mayor Sir Sadiq Khan has been under pressure from the Labour Government

·London, United Kingdom
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London Post broke the news in on Thursday, October 23, 2025.
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