Labour’s parliamentary candidate for Twickenham Nick Grant has warned that Twickenham residents are bearing the brunt of the housing crisis in London caused by the Tories.
Nick said home ownership in Twickenham is out of reach for all but the very wealthiest and rents are rising fast. He is urging Twickenham residents to support Labour’s campaign to tackle London’s housing crisis caused by the out-of-touch Tories.
The Labour Parliamentary candidate expressed his concern that Twickenham residents are being hit particularly hard by the Tory housing crisis.
Latest official figures show that Richmond is one of the least affordable boroughs in the entire country. Average house prices in the borough are more than 13 times average earnings, the figures show. And new research published last month revealed that Richmond borough has one of the biggest shortfalls of new homes in the capital.
The Tory mayor of London Boris Johnson is missing his own targets for building new affordable homes and only a tiny proportion of the much-needed affordable homes that are being built are being constructed in this borough.
Official figures show that building work started on only SEVEN affordable homes funded through the mayor’s housing programme in Richmond borough between April and December 2013.
Nick said that Twickenham residents who want to tackle the Tory housing crisis in London should vote for a Labour council in the local elections in May.
New figures published by Labour’s shadow London minister Sadiq Khan show that Tory Councils in London have built on average half as many affordable homes as Labour Councils.
The figures show that, on average, Labour councils in London have built twice as many affordable homes as Tory councils since the last London elections in 2010, and five times as many as Liberal Democrat councils. They have decided to prioritise their increasingly scant resources to build homes that local people can genuinely afford to rent and to buy.
Nick said: “The Tories have caused a housing crisis in London. Rents are rising at 10 per cent a year, home ownership in London is falling and the average age of a first-time buyer is 38.
“The housing crisis is one of the biggest issues facing London. Labour will tackle the crisis by building more genuinely affordable homes, tackling rogue landlords, bringing empty homes back into use and repealing the Bedroom Tax.”
To support the London Labour Party’s housing campaign, click here.