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LandAid

London’s Housing Future Under Debate as Mayoral Election Approaches

As Mayor of London, Boris Johnson prepares to face stern competition for the top job, mayoral candidates went head-to-head at this week’s LandAid debate to discuss their plans for the London, in particular, its housing stock. Topics included affordable housing, the private rented sector (PRS), overseas investors and featured speakers

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BDC 319 : Aug 2024

LandAid

Biggest West Midlands property race returns to help tackle youth homelessness

Taking place on 6October, around 500 runners are expected to take part All funds to be donated to LandAid, the charity on a mission to end youth homelessness Target to raise £30,000, adding to £50,000 raised from previous years An annual West Midlands charity run will be returning to Longbridge in Birmingham for its fourth year in an effort to raise funds for LandAid, the property industry charity on a mission to end youth homelessness. Taking place on Thursday 6 October, participants can opt for a 10k or 5k route, and individuals of all abilities are encouraged to take part in the event, whether they choose to run, walk or cheer on from the crowd. First launched in 2017, the run has become an annual fixture in the running calendar amongst businesses and individuals throughout the West Midlands and further afield looking to put their running ability to the test. This year’s event, hosted by St. Modwen, the Birmingham-based owner of leading logistics development and housebuilding businesses, will see around 500 runners pounding the pavements of Longbridge and Cofton Park along this notoriously challenging yet scenic route. Sarwjit Sambhi, CEO of St. Modwen, commented: “We’re delighted to be able to bring the much-anticipated run back to Longbridge this year. Past years’ events have been hugely successful, raising over £50,000 to support the vital work that LandAid do to help young people out of homelessness. We hope to raise even more funds this year and continue supporting the charity for years to come.” “As St. Modwen has played a key part in the regeneration of Longbridge, we’re looking forward to being able to bring the whole community together and show others what a brilliant place Longbridge has become to live and work in.” All funds raised from the event will go towards the next phase of St Basil’s Live and Work project, LandAid’s Birmingham-based charity partner, which provides apprenticeship opportunities and living accommodation to young people in the West Midlands facing homelessness. Paul Morrish, Chief Executive of LandAid, said: “LandAid is thrilled to be a charity partner of St. Modwen. All funds raised from the St. Modwen Charity Run for LandAid will make a huge difference to the lives of young homeless people across the Midlands and rest of the UK. Sign up today and you will be giving young homeless people a safe, secure and affordable home.” Registrations are now open to take part in both the 5k and 10k options, head here to find out more: https://join.landaid.org/event/stmodwen10k For sponsorship opportunities, please contact landaidcharityrun@stmodwen.co.uk

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London’s Housing Future Under Debate as Mayoral Election Approaches

As Mayor of London, Boris Johnson prepares to face stern competition for the top job, mayoral candidates went head-to-head at this week’s LandAid debate to discuss their plans for the London, in particular, its housing stock. Topics included affordable housing, the private rented sector (PRS), overseas investors and featured speakers from four of the UK’s main political parties. Somewhat predictably, Labour representative, Sadiq Khan, and Tory, Zac Goldsmith, were at loggerheads over what constitutes an “affordable home”. While Goldsmith expressed ambitions to tackle the consistent pricing-out of “average”, £34k-earning Londoners, Khan went further and was keen to stress the need for a London Living Rent and a structured calculation for house prices. Labour’s plans for Living Rent specific to London was the single policy dedicated to the rental sector. Delegates heard Khan provide details on the proposed rental rate which would be one third of average earnings in the area. The Conservatives, on the other hand, devoted attention to the housing crisis and suggested that the government needed to open more publicly-owned sites up for development. Goldsmith also added that transport infrastructure would have to be upgraded in line with any new development projects so as to join areas with the centre of the city. Caroline Pidgeon for the Liberal Democrats raised questions about foreign investment strategies, and insisted that overseas businesses ought to be taxed at a higher rate to discourage over-investment. In Green Party candidate, Sian Berry’s absence, Darren Johnson stood in to outline her plans for a not-for-profit company to shoulder all new development. The body would prioritise local and smaller developers in the hope to build affordable homes that were fit for purporse and beneficial to the local economy. All parties committed to building 50,000 new homes in the capital though they were hesistant to disclose just where they’ll find the land to do so. The LandAid debate was sponsored by Savills and attended by 350 representatives from some the UK’s largest contractors and property management companies.  

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