Providing more and better homes for Lambeth residents is one of the council’s key priorities. The lack of affordable housing is one of the biggest issues facing our residents; across London as a whole, there is a growing housing crisis. According to the Land Registry Lambeth’s average house price in 2016 was £518,088 – 15 times London’s average annual wage.
What we’re doing
We are building 1,000 new homes at council level rent, delivering the first new council homes for a generation, with a target of ensuring that at least 40 per cent of the homes on all housing developments are affordable. Our new home building includes using council owned small sites that can be developed for extra new housing.
You can see progress towards this on the map below: