Published - 16 August 2018
Notting Hill Genesis on GLA panel providing thousands of new homes
Notting Hill Genesis has been named on the Greater London Authority’s new £20bn London Development Panel (LDP2), enabling us to continue to work in partnership with them to deliver thousands of new homes for Londoners.
LDP2 is the successor to the previous London Development Panel, which ran from 2013 to 2017.
The Mayor’s draft London Plan sets a target for 50 per cent of new homes delivered to be genuinely affordable, and the GLA is working closely with public land owners to identify sites that can be brought forward for development. LDP2 will support that objective, enabling public landowners to use the framework to speed up the provision of new homes.
Our appointment to LDP2 follows our success with the previous London Development Panel, through which we secured two of the sites within our award-winning Royal Albert Wharf development (pictured above). It continues our close relationship with the GLA, with whom we have a strategic partnership agreement to provide at least 60 per cent affordable housing across our development pipeline – creating thousands more homes for lower income households.
In addition, as part of the G15 group of the largest housing associations working in London, we have committed to the Mayor of London’s promise to offer Londoners “first dibs” on new homes.
This means all new build market homes with a sale price of less than £350,000 will be marketed only to UK residents for at least three months, that those homes can only be sold to Londoners for the first of those three months, and that all homes being sold under Help to Buy in London are marketed through the Homes for Londoners property portal.
“London is suffering a housing crisis and we are committed to doing our part in tackling it. Being on LDP2 gives us the chance to create many more genuinely affordable homes than would otherwise be possible. We look forward to the pipeline of sites that LDP2 will bring forward for the development of new housing.”
James Murray, Deputy Mayor for Housing & Residential Development, said: “Public land has a vital role to play in tackling the housing crisis, and the new London Development Panel offers public land owners a quicker and more efficient way to bring their sites forward.
“We want to see it playing an important role in building the homes Londoners so desperately need.”
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