You can find the latest version of this document here. We published an updated version of this document with the latest available information on the London Affordable Rent in July 2020.
The draft new London Plan says 50% of all new homes should be ‘genuinely affordable’, but up to 70% of these could be intermediate tenures such as shared ownership homes for households who are not on the waiting list for social housing. According to the Mayor’s latest assessment of housing need, 78% of the backlog of unmet need for new housing in London is for homes for social rent, whilst just 2% is for intermediate tenures. To prevent confusion, we’ve developed this handy guide to ‘Genuinely Affordable Housing’.