House Repossession Victims Have Capital Options Cut

Boris Johnson, London’s Mayor, has announced a new housing strategy for the capitol which involves the abolishon of affordable housing targets and a drop in new low cost housing for City residents. The affordable housing programme was initiated by former Mayor Ken Livingston and aimed to make 50% of new homes in the Capital affordable.

But under Johnson’s new plans, only 13,200 homes would be built each year in London that qualify for social renting, a number some 2,755 fewer than the affordable housing target. And for many, the major worry is: with house reposession numbers high, where will evictees find new affordable accomodation?

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