Funding for thousands of council houses

Council leasing HarrowWhen they need help with council leasing Harrow clients come to us. They know that we are a dependable company with the skills to aid countless people. In addition, we ensure everyone has a first rate service. If you want the same, then you should consider working with us as well.

Recently London Mayor Sadiq Khan was proud to announce £10million of funding for local authorities in the capital. Using this money, they will have the means to provide additional social rent and council housing. They shall be able to supply more genuinely affordable homes too. Thanks to this funding, there will be up to 11,000 new council homes built over the next four years.

A brand new programme

According to the Mayor, thanks to the central government cuts, council budgets for planning and development fell by 50% in the capital. Because of this, housing growth has been held back. The plans to construct new council houses specifically have been negatively affected. With the £10million, it will be possible for councils to implement the Building Council Homes for Londoners’ scheme. This is the first ever City Hall programme focusing on council home construction in particular.

Multiple boroughs

Through the scheme, Sadiq Khan accepted plans in 2018 worth over £1billion. This was for 27 boroughs to begin constructing 11,000 new council homes by 2022. They are going to be at social rent levels.

Around 30 London authorities are going to obtain funding of as much as £650,000. They can use this money to conceive proactive masterplans in areas that have substantial growth potential. In addition, they can plan for peak density over new residential projects in a district.

There have already been successful bids here. One is a joint venture between Harrow and Barnet. This is to produce a town centre planning brief.

At Finefair, we can help you with a wide variety of property matters. This includes arranging the most reliable council leasing Harrow can offer. Regardless of the service they are using, clients always have peace of mind. They take comfort in the fact that they are working with a business that knows what they want.

If there is anything we can do for you, please let us know.