Westminster residents will need to earn over £106,000 to afford one of the Mayor’s ‘affordable’ homes after the Mayor rejected calls from London Boroughs, including Westminster City Council, to allow the boroughs to set affordable rents at levels that reflect local circumstances and local needs.
Mayor Johnson has made changes to the London Plan which will mean that new affordable housing can be fixed at 80 per cent of the market rate. London boroughs like Westminster will be prevented from setting caps in their local development plans on the level of rent that can be charged for new affordable rented housing. This will hit residents in Westminster particularly hard because of the sky high market rents that landlords are currently charging.
Councillor Paul Dimoldenberg, Leader of the Labour Group, said;
“The Mayor’s changes to the London Plan will push affordable housing out of the reach of the many Westminster residents on low incomes. This will also drive up rent, increase land prices and further distort Westminster’s housing market, making most of Westminster even more unaffordable. This a dreadful decision for Westminster that even Westminster Conservatives have opposed and will make the city even more of a “playground for the rich”.”