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2016-06-23

Evening Standard: "Sadiq Khan seeks powers to give Londoners ‘first dibs’ on homes"


Link to web site

"Sadiq Khan has launched a bid to stop thousands of London homes being sold off overseas as “golden bricks”.

The Mayor said he would push Government for more powers to give Londoners 'first dibs' on new-build properties.

"Overseas buyers have been accused of fuelling the property crisis by buying homes off-plan and then leaving them empty. Mr Khan wants to give Londoners first refusal by allowing councils to ring-fence a proportion of new properties in their area to be marketed exclusively to locals before they are offered to buyers elsewhere.

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