To: Camden Council

Make housing developers be transparent in Camden

Make housing developers be transparent in Camden

Require developers to make their viability assessments public if they claim they cannot meet council targets of affordable housing in new developments.

Why is this important?

Current planning law states that if a developer will make less than 20% profit on a new development, they can ignore a council's regulations about building affordable and social housing.

Leaked documents from several developers have shown that the maths they use to work out their profit margins are purposefully misleading, allowing them to claim they will make less than 20% profit on a development by undervaluing the prices of the houses they will sell and over-costing the labour.

To combat this Islington, Greenwich, Lambeth and Bristol councils have introduced a policy that forces developers "viability assessments" to be made public.

By bringing these dodgy maths into the public domain, Councils, campaigning groups and individuals will be able to hold developers to account and force them to use more honest maths.

Resulting in more affordable and social housing for Camden.

Camden Town, London

Reasons for signing

  • The Government seem to be willing to build REAL ESTATE for foreign millionaires to keep empty as a means of building currency that burgeons every day. Why can't they house the little people? Because they're greedy, sinister, careless, & are using this as a means of social cleansing.
  • Camden has a history of saying one thing and doing another. Thank their PR team Deloitte Latouche. There is no honour or concomitant solidarity with the people who elect them. Camden Council is in the hands of the Globalist. Vote for Social Housing not social cleansing !
  • Please put an end to the private developers loophole and I might add the council to make a profit at the expense of affordable housing which is impacting on the social and environmental ethos of Camden and ordinary people trying to make a living. !!!

Updates

2017-04-04 15:48:07 +0100

1,000 signatures reached

2017-04-04 13:10:20 +0100

500 signatures reached

2017-04-04 12:26:58 +0100

100 signatures reached

2017-04-04 12:24:34 +0100

50 signatures reached

2017-04-04 12:23:23 +0100

25 signatures reached

2017-04-02 08:44:47 +0100

10 signatures reached