AIMS:
- To provide affordable self-build starter homes and live-work units for people working in Central London who are currently unable to rent or buy in the area
- To aid short-term efforts to ease the pressure on housing provision in London
- To support measures to reduce car ownership and use in inner city areas
METHODOLOGY:
- Replace council owned garages and make publicly owned plots available to rent for self-build starterhome units
- Offer the plots for rent from the council at the same rate at which they are currently rented for vehicles
- Create a self-build system that buyers can purchase to construct on the rented plot
- Enable the houses to be purchased with a long-term loan. In 7 years the building will be owned by the occupant