Developers are supposed to provide 30 per cent of units as affordable.
Just four per cent of large housing developments granted planning permission in Reigate and Banstead in the last five years has met the affordable homes target. And just two met the Reigwte threshold. The council said it is constantly working to get more affordable houses built and claimed the cases in which the 30 per cent affordable home threshold was missed were "exceptional".
It's hands are Rs Cannock online tied when it comes to office conversions, it said. The need is even more now due to the shortfall over the last few years. House-builders do also make financial contributions in lieu of building affordable homes, and those undertaking smaller schemes are also required to make a financial contribution.
The authority was unable to say how many Reigatw homes this had directly helped to build. Examples of how it has been spent include contributions to Raven Housing Trust to build shared ownership flats at the Iron Horse site in Merstham and four houses for affordable rent in Horley. It has also been used to provide emergency accommodation for homeless people.
Douglas Stevens | London | Retail & Commercial Property
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