Southwark declared 4th best for affordable housing

Shelter, the homelessness charity, has created a housing league table. Southwark ranks 19/323 councils nationally and 4/33 for London council’s.

The table is based on the percentage of affordable housing provided of the 2009 afforable housing requirement. Shelter calculate that Southwark Council delivered 74% of the amount of affordable housing that was needed. Despite being declarded 4 th best in London Southwark’s council housing waiting lists have risen to 15,000. Under current council financing rules Southwark Council are not allowed to borough money at current low interest rates to renovate and build council housing. Crazy as what a boost to the local economy we could provide if we were allowed to borough at markets interest rates.

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