Empty Homes Network

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Submitted by David Gibbens on 3 Aug 2015 - 13:59
Islington council website page

As of 17th July 2015, the London Borough of Islington has introduced an innovative new planning policy aimed at tackling the so-called "buy-to-leave" phenomenon.  Islington's approach relies on a Supplementary Planning Document entitled "Preventing Wasted Housing Supply".  This will require developers to sign a "Section 106" agreement [S106][1] aimed at ensuring that homes are occupied after they are completed: effectively the agreement cascades down to individual owners as the S106 obligations run with the land as a land charge. The developer is required to inform the new owners of the obligations as part of the marketing.


The new measure is the first of its kind anywhere in the country and was introduced after extensive consultation and a significant amount of research into the incidence of the problem. Perhaps surprisingly the opposition from developers during the consultation was...