Market Leads & Opportunities
Hospital site to bring new affordable homes in London
The Mayor of London has used £12.8m from his Land Fund to purchase the Edmonton land.Currently comprised of a car park, offices and testing facilities, Mayor of London, Sadiq Khan has announced the purchase of a hospital site to allow for the delivery of new affordable homes.Announced today (18th April), the Mayor expects the site to bring at least 200 homes, with 50% of those being for social rent or other forms of affordable housing.In line with his Housing Strategy, the Edmonton land was purchased for £12.8m under the Mayor’s Land Fund, with construction reported to commence before March 2022.The sale also comprises part of the Trust’s NHS Sustainability and Transformation Plan (STP).
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