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Mayor unveils 'first dibs' for Londoners move on homes under £350,000

The Mayor of London Sadiq Khan has announced what he termed a landmark step today towards offering ‘first dibs’ on new homes after the housing industry responded to his call for change with an offer to sell lower-cost new properties exclusively to Londoners and UK-based buyers first.
CoStar News
February 5, 2018 | 3:04 P.M.

Following the Mayor’s discussions with the capital’s leading homebuilders about steps to make more new homes available to Londoners, he has now received offers from members of the Home Builders Federation (HBF) and the g15, which represents London’s largest housing associations, to restrict sales of all their new-build homes in the capital up to £350,000 to UK buyers only for three months before any overseas marketing can take place.

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