The Housing Strategy 2021-2026 sets out the Council’s overarching approach and clear commitment to addressing the housing challenges residents face in the Royal Borough, including delivering more affordable homes for rent, particularly social rent.
The Royal Borough is one of the best places to live in the country with an abundance of beautiful green space, safe streets, fantastic facilities, strong local businesses and employment opportunities, good infrastructure links, and strong communities.
However, the average house price is approximately £476,000 – over 15 times higher than the average UK salary – which has made getting into sustainable rented accommodation and onto the property ladder difficult for many local residents.
The Council’s vision is to create a Borough of opportunity and innovation with a clear focus on improving social outcomes for all and supporting vulnerable residents. Ensuring a stable, competitive, and effective housing market is crucial to achieve this.
Shaped through consultation with the public and key partners, the Housing Strategy sets out a series of practical commitments for achieving this vision, focussed around three key objectives:
- Deliver New Homes.
- Promote Health and Wellbeing.
- Support Vulnerable Residents to Obtain and Sustain Appropriate Accommodation.
The Strategy’s Delivery Plan will be regularly monitored and reviewed, including updates which will be published annually.