Housing Strategy Flashcards
What factors influence the housing market?
Supply
Demand
Interest rates
Government
Changing demographics
What is the SHMA
Strategic Housing Market Assessment
- Looks at the future housing supply demand in a location
- In order to achieve a balanced housing supply
What is the SHLAA
Strategic Housing Land Availability Assessment
- Sets out the sites with potential for residential development in the future
- Looks at constraints and delivery
What does a site have to have to be considered by SHLAA
Potential for 5 or more dwellings
What are our housing targets in uk?
300,000 per year
What is a councils site allocations map?
- Policy maps which identify locations with development potential in a borough
- Help deliver core strategy
- Give a site a potential use
Identified in SHLAA
Affordable housing targets in london?
35%
30% social, 30% intermediate, 60% decided by council
What are the types of affordable housing?
Social rent
London affordable rent
Intermediate
- Shared ownership
- London Living rent
What is Social rent?
Form of affordable housing
50-60% of market val
What is London Affordable rent?
Capped rate by GLA
What is Shared ownership
Buy 20% of property then ret
Annual income of up to 90k
What is London Living Rent
Varies by borough
Annual income up to 60k
What does a site allocation map give?
Proposed site
Proposed use
Mix
Tenure
For your disposal advice in Chelsea what did the SHMA say?
Need for housing
Need for family sized accommodation
For your disposal advice in Chelsea what why did you advise the flats should be converted in to two and three bed flats?
- Chelsea resist the loss of housing and the creation of large houses
- They do allow amalgamations if the net loss is not too much and family sized accommodation is being created
