Summary:
- The Draft London Plan sets borough-level targets for purpose-built student accommodation (PBSA) for the first time, aiming to integrate PBSA into London’s housing strategy and support university growth while easing pressure on the private rented sector.
- Lichfields highlights that boroughs must treat these targets flexibly, using them as a delivery guide rather than fixed limits, to adapt to changing student demand, university expansion, and development viability over the next decade.
- The Plan encourages broader site allocations for PBSA near universities with good transport links, and introduces flexible affordable housing contributions, allowing developers to meet affordable housing requirements through various student or conventional housing options.
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