Berkeley Group, one of London’s largest housebuilders, warns that London is becoming a “no go zone” for developers after its proposal for a new housing scheme in Peckham is rejected. The company’s plan would deliver 867 flats on the site of Aylesham Centre. According to the reports, Berkeley says the refusal is an example of broader constraints affecting housebuilders’ ability to invest in the UK capital. The Financial Times and Evening Standard both frame the decision as another setback for delivering new homes amid London’s ongoing housing shortage. Berkeley links the stalled project to conditions that make development harder and less viable, arguing that these factors prevent firms from continuing to invest as they have in the past. While the outlets focus on Berkeley’s reaction and the implications for the wider housing market, neither report indicates a shift in policy or a definitive timeline for a reworked application. The rejection therefore adds to the debate over barriers to development and the pace of new housebuilding in London.
Berkeley Group warns London developers after rejection of Peckham flats plan
Berkeley Group, one of London’s largest housebuilders, warns that London is becoming a “no go zone” for developers after its proposal for a new housing scheme in Peckham is rejected. The company’s pla...
- Berkeley Group’s plan for Aylesham Centre in Peckham is rejected.
- The rejected scheme would have provided 867 flats.
- Berkeley warns that London is becoming unviable for developers and an obstacle to building new homes.
- The company cites the decision as an example of constraints affecting housebuilders’ willingness or ability to invest in London.
- The reports connect the rejection to concerns about worsening of London’s housing crisis.
Developer Berkeley Group says rejected Aylesham plan is example of why housebuilders can “no longer invest” in the UK capital
3 months agoBerkeley Group warned London’s ‘housing crisis will deepen’ after its scheme for 867 flats on the site of the Aylesham Centre in Peckham was dismissed
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