A development on Creekside in Deptford is taking shape as seen by shots from a passing DLR.
In an unusual move, Lewisham Council and Lewisham Homes purchased land after planning permission was granted for 56 flats.
The homes will now all be “affordable” and are set to complete in summer 2022.
However, all being “affordable” doesn’t mean council housing, with only 22 out of 56 being of that tenure.
That’s despite the authority paying £109 million for emergency housing over four years owing to a lack of social homes.
It is still an improvement on consented plans, which were 36% “affordable” housing with just 11 being council homes and the rest shared ownership.
Most social housing is now obtained in two ways: buying homes off the market at extremely high cost or building new homes on public land at lower cost – with the obvious benefit of a net addition of overall homes to boot.
This third option from Lewisham of purchasing land that already has permission is a concept that we may see more of.
It’s pretty common for Housing Associations to do it – but less so for councils.
The development also includes commercial space at street level.