Last Updated: 18/01/2017
Tags: Council Garages The Key To Reducing Land Shortage In London
The shortfall in housing supply in the UK, especially in London and the home counties looks to continue, however according to the Property Partner this could be reduced if space currently occupied by council garages was released as new building land.
The council garages according to the funding organisation could potentially provide thousands of new homes for London. Councils currently own 53,000 lock-up garages – with 41% of them being left empty or not used due to disrepair. The estimated surface area according to the organisation could enable 16,11 average sized flats to be built, which could help to reduce the housing shortage in central London.
The eagerly anticipated Government’s White Paper on the current housing situation is due to be released at the end of this month - so it will be interesting to find out if they do take into consideration building on sites where council garages are currently housed.
In this article produced by The Guardian last year: ‘Three things the government must put in the housing white paper,’ they stated that the Government must recognise that each housing market faces different challenges and opportunities, as well as treating London as a special case and reforming the dysfunctional land market, for their full article please follow this link.
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