Issue 7: 25 February 2016

    Tower Hamlets hamstrung as it approves new tower

    The Isle of Dogs is set to be home to western Europe’s tallest residential tower, after Tower Hamlets planners approved a 67 storey block. The tower, already nicknamed the Flower Tower due to its three petal footprint, will be 240 metres – or 771 feet – tall, and contain 861 flats. The borough’s strategic planning [...]

    New tax on land proposed for London

    Plans for a new Land Value Tax have been outlined in a paper prepared by the Planning Committee of the Greater London Authority. It calls on the new mayor to fund further research into such a tax, declaring it has the potential to encourage undeveloped or underused land to be developed – largely for housing. [...]

    Boroughs decide to toughen stance over viability

    The London borough of Greenwich is leading a charge to stop developers hiding behind confidential calculations, when arguing they cannot afford to deliver planning gains, notably affordable housing. Greenwich has adopted a new policy that will demand applicants provide a “full unredacted viability assessment” with planning applications, if they argue they cannot meet affordable housing [...]

    Generation rent becomes population rent

    London is undergoing a fundamental shift in residential property ownership, that will see a clear switch to majority renting. Ten years from now, 60% of Londoners will be renting, compared with just 40% in 2000. The seismic change has been tracked by consultants PwC, in a new study that draws together previous work on the [...]

    Moves to speed up planning process put forward

    A series of proposed changes have been put forward to improve the speed and efficiency of the planning process. The proposals include introducing competition into the handling of planning applications, giving applicants a choice; and offering a fast track application service. Ministers say the changes, which are out for consultation, will tackle the lack of [...]