Lack of bids keeps 17,000 homes stuck in development purgatory Property Around 17,000 affordable homes are stuck in development purgatory due to a lack of demand from housing providers, according to new research. Under the English planning system, housing developments must set aside a proportion of the site for affordable housing via a Section 106 deal. These Section 106 houses have become an increasingly important mechanism [...]
Build, Baby, Build: Affordable housing is too hard to sell Build, Baby, Build There is a quick fix to get house houses built: Reform Section 106 to make it more viable for developers to sell affordable housing, says Jonathan Seager Housing has been one of the top issues during this general election campaign, with political parties jostling to one up each other in their pledges to tackle a [...]