Harrow rents could fall by £183 a month if housebuilding targets are met

Meeting housing targets could cut London rents by £251 a month, report claims

A think tank says delivering the Government's housebuilding ambitions would save London renters thousands of pounds

Harrow rents could fall by £183 a month if housebuilding targets are met

Meeting national housebuilding targets could reduce rents for a typical two-bedroom flat in Harrow by £183 a month by year five, compared to what renters would otherwise pay, new research suggests. The government has committed to building 1.5million homes across the country between July 2024 and the next election, which is expected in 2029. This includes 88,000 homes a year in the capital. However, ministers have admitted there is only a “slim c…

Get building to help save London renters £251 per month, says think tank

Centre for British Progress (CBP) suggests if national housing targets are met rents will be slashed significantly for Londoners