Housing features prominently with the government's target of 880,000 homes over 10 years and new NPPF green belt policy exhorting "new approaches to building homes beyond current mechanisms". So, both a challenge and an opportunity.
The brownfield-first approach of the current plan is restated but new NPPF green belt policies loom large. The consultation paper notes that green belt boundaries should be reviewed and there will be a need to alter them if housing need cannot be met in other ways. To this end, the Mayor has of course already kicked off a London-wide green belt review. The review will include an assessment of grey belt land and its capacity to provide not only for housing but also other strategic land uses such as data centres and energy infrastructure.
Opportunity Areas will be streamlined and updated to reflect that some are now "mature" and because some transport infrastructure, such as Crossrail 2, will be delayed. The Consultation also asks how the work of the New Towns Taskforce might apply to OAs and this will also influence, and be influenced by, the green belt review. A big question is whether the new Plan will propose a new town or towns in what is currently London's green belt. The Central Activities Zone may offer limited opportunities to increase housing supply but the Consultation notes that the London View Management Framework is currently being reviewed to bring it "up to date". Almost as an afterthought it adds that Mayor "could also consider how the policy works in practice to ensure its impact is proportionate". This sounds like a call for evidence from stakeholders to make their views known on how the LVMF is working.
The Consultation re-states the need for London to build more affordable homes and notes the challenges that have affected housebuilding in recent years with which we're all familiar: high interest rates, build costs and regulatory requirements. In the social housing context, add a lack of grant funding to the list. The Consultation commits to a review of the affordable housing fast-track thresholds and the review will consider whether some types of development are "very challenging to deliver". It also hints that the 10-unit threshold (at which affordable housing obligations kick in) will be increased.
On Built-to-Rent the consultation states that the current 50-unit minimum for development to qualify as BTR could be relaxed to "support more diverse types of development". For student accommodation and co-living, the Consultation notes the importance of getting the balance right between these and other types of housing and asks whether the balance should be set at London-wide level or left to the Boroughs to set acceptable levels in their Local Plans. It goes on to ask for views on what the right balance should be and on whether the Plan should encourage the occupants of all student rooms to be subject to nomination arrangements or whether those arrangements should apply only to affordable rooms. It seems the Mayor is open to a more flexible approach.