London council rejects 1,060-home plan after affordable housing cut to 12%
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This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
Southwark Council's planning committee voted unanimously against Berkeley Homes' revised plans for the Bermondsey Place development. The housebuilder proposed reducing affordable housing from 40 percent to just 12 percent, causing strong local opposition. Council members expresse...
Southwark Council's planning committee voted unanimously against Berkeley Homes' revised plans for the Bermondsey Place development. The housebuilder proposed reducing affordable housing from 40 percent to just 12 percent, causing strong local opposition. Council members expressed concerns about the long timeline for home completion and questioned the developer's financial figures. Berkeley Homes highlighted rising costs and council fees as reasons for the reduced affordable housing offer.
Original Source
https://timesofindia.indiatimes.com/world/uk/berkeley-homes-proposed-1060-homes-in-later-phases-of-a-london-scheme-and-cut-the-developments-overall-affordable-housing-commitment-from-40-to-12-councillors-unanimously-rejected-the-revision/articleshow/135617920.cms
