Story perspectives

UK Slashes Affordable Housing Target Amid Crisis

10/27/2025

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Summary

Story summary

The UK government has cut affordable housing requirements from 35% to 20% in London under the Homes for London plan to address housing shortages.
The Mayor of London, Sadiq Khan, supports the measures, emphasizing the urgency of increasing affordable housing.
Property experts say the reduced target may improve development prospects.
The government has allocated £322 million to support these initiatives, pursuing its promise to build 1.5 million homes.

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Story summary

The UK government has cut affordable housing requirements from 35% to 20% in London under the Homes for London plan to address housing shortages.
The Mayor of London, Sadiq Khan, supports the measures, emphasizing the urgency of increasing affordable housing.
Property experts say the reduced target may improve development prospects.
The government has allocated £322 million to support these initiatives, pursuing its promise to build 1.5 million homes.