Wandsworth Council is taking steps to address housing inequality by potentially requiring new housing developments to include at least 50% affordable homes. This decision comes as part of the amendments to the Local Plan for 2023-2028, which guides planning decisions in the borough.
The proposed changes aim to increase the percentage of affordable housing on new developments from 35% to 50%, with a preference for a 70/30 split in favor of social rent. Social rents are determined based on factors such as property value, size, and local income levels.
These new requirements would apply to developments with more than nine properties on privately-owned land. For smaller developments with nine or fewer homes, the council is considering a financial contribution of £50,000 per property towards affordable housing.
Council leader Simon Hogg highlighted the importance of providing affordable housing, noting that many residents are currently on the housing waiting list or living in temporary accommodation. The goal is to ensure that new developments offer affordable options for local residents, rather than luxury properties aimed at foreign investors.
With over 10,000 people on the council’s housing waiting list, the need for affordable housing is clear. The council aims to deliver high-quality affordable homes that are on par with market housing standards.
This move towards increasing affordable housing requirements is part of a broader effort by the council to address housing issues. A public consultation on the proposed changes to the Local Plan is set to take place, with the goal of adopting the amendments by spring 2026 pending approval from the Planning Inspectorate.
The council’s focus on affordable housing reflects a commitment to meeting the needs of local residents and ensuring that housing developments benefit the community as a whole. By prioritizing affordable housing in new developments, Wandsworth is taking a step towards creating a more inclusive and equitable housing landscape for its residents.
