The Mayor has announced this month that he will end the practice of subsidising the replacement of existing sound-quality social rented homes set to be demolished as part of estate regeneration schemes.
This is welcome news. In July last year we published a list of seven things the Mayor could do to get more social housing built in London, and this was one of them. Affordable housing grant should be spent only on additional homes for social rent.
Some in the housing sector have complained that this change would make demolition schemes ‘unviable’. We can but hope! There needs to be more cash for refurbishing and for social landlords to ensure they are properly maintaining their existing homes.