London councillors reject Berkeley Homes plan after affordable housing offer falls from 40% to 12%

Southwark Council's planning committee voted unanimously against Berkeley Homes' revised plans for the Bermondsey Place development. The housebuilder proposed reducing affordable housing from 40 percent to just 12 percent, causing strong local opposition. Council members expressed concerns about the long timeline for home completion and questioned the developer's financial figures. Berkeley Homes highlighted rising costs and council fees as reasons for the reduced affordable housing offer.

Source: Read Full Article