Latest figures show Barnet still failing to meet affordable homes target

The latest monitoring figures published last month by the Greater London Authority (GLA) show that Conservative-run Barnet council is still failing to meet its affordable homes targets.

The GLA's Annual Monitoring Report 12 (2014/15) shows that Barnet has only delivered 1096 new affordable homes over the last three years which is 28 per cent of the total number of homes, against a target of 40 per cent.

The report also shows that Barnet has failed against the target on total supply of new homes in 2014/15 (both affordable and market), delivering only 1,207 (55 per cent) compared with the London Plan requirement to deliver 2,175. 

Successive GLA monitoring reports show that Barnet has not met its targets for new homes since 2006-07 and has failed on its target for affordable housing for more than ten years.

Barnet also compares badly with neighbouring Labour boroughs, with Camden and Brent each achieving higher numbers of new homes than Barnet despite the fact that their combined area is smaller than Barnet.

Net new homes, percentage of London Plan target 2014/15

 

Net new homes

% of London Plan target

Barnet

1,207

55%

Brent

1,488

148%

Camden

1,541

232%

Enfield

395

74%

Haringey

625

79%

Harrow

402

114%

 

Affordable housing as percentage of all new homes 2012 – 2015 

 

2012/13

2013/14

2014/15

3 year average

Barnet

29%

26%

28%

28%

Brent

34%

35%

45%

40%

Camden

52%

40%

13%

36%

Enfield

44%

32%

21%

34%

Haringey

58%

33%

63%

53%

Harrow

44%

11%

23%

31%

In addition to not securing enough new affordable homes for sale or rent, Barnet is also not replacing 800 social homes for rent across the four big council estate regeneration projects at West Hendon, Grahame Park, Dollis Valley and Stonegrove/Spur Road.

The cheapest advertised property available on the West Hendon estate development costs £471,500, which is above the median house price in Barnet (£460, 560), and more than 12 times the local median household income (£38,147) - even with 'Help to Buy' a family would need an income of more than £70,000 to afford this property.

Labour councillors have put this issue on the agenda of tonight's Housing Committee and will be raising these figures at the meeting.

Labour's Housing Spokesperson and Deputy Leader, Cllr Ross Houston said: "Lack of affordable housing is now the top concern of local people according to the council's latest Residents' Perception Survey, yet Barnet are consistently failing to meet affordable homes targets whether it's homes for ownership or for rent.

"So many people dream of owning their own home, but at current house price levels even affordable home ownership products mean those aspirations remain as just a dream for most people.

"At the same time Barnet is not securing enough homes for affordable rent on new developments, and virtually none for social rent. Households on incomes of £40,000 and below cannot afford to either buy or rent and are being priced out of the borough.

"Unless we do something about this Barnet will become a place for just the super-rich."

Ends.

Notes:

1. A copy of the latest GLA Annual Monitoring Report can be found here: https://www.london.gov.uk/sites/default/files/amr12.pdf

2. For past GLA Annual Monitoring Reports see: https://www.london.gov.uk/what-we-do/planning/implementing-london-plan/monitoring-london-plan#Stub-137449

3. For details of properties available for sale on the West Hendon estate development see: http://www.barratthomes.co.uk/new-homes/greater-london/h441801-hendon-waterside/

4. For a copy of the Labour Group member's item on affordable housing targets see: http://barnet.moderngov.co.uk/documents/g8806/Public%20reports%20pack%2006th-Apr-2016%2019.00%20Housing%20Committee.pdf?T=10

For more information contact:
Cllr Ross Houston: cllr.r.houston@barnet.gov.uk
To contact the Barnet Labour Group: 020 8359 2568

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