Khan: Londoners should have first option on new homes

3rd June 2016

Khan: Londoners should have first option on new homes

London mayor Sadiq Khan has called for the city’s residents to have the first option on new homes, partly to prevent London becoming “the world’s capital for money laundering”. Mr Khan told ITV's Peston On Sunday that developers may be obligated to market new property in the capital to Londoners for the first six months in order to receive planning permission. He added: “We shouldn't be embarrassed of saying our homes are homes, not gold bricks for investment for investors in the Middle East and Asia".

Evening Standard (30/05/2016)