Financial Viability
Harrow Council is currently discussing challenges to its housing targets due to developers' financial viability issues.
Harrow Council's ambitious housing targets are facing challenges due to difficulties with financial viability for developers, as discussed by the Overview and Scrutiny Committee in January 2026. The council's local plan aims to deliver 16,000 new properties over the next two decades, but the current slow pace means this target must now be achieved over 19 years. A report to the committee said the housing market in London has been described as broken, making it difficult for new homes to be built profitably.
Financial viability, the ability of a project or business to remain solvent and profitable, is a key consideration for Harrow Council as it seeks to meet its housing goals. Developers are encountering considerable difficulties, exacerbated by Harrow's lack of large development sites compared to other London boroughs, according to discussions at the Overview and Scrutiny Committee in January 2026.
Key facts
- Harrow Council's Overview and Scrutiny Committee discussed challenges to housing targets due to financial viability in January 2026. Source
- Harrow's local plan aims to deliver 16,000 new properties over two decades. Source
- The housing market in London has been described as broken, making it difficult to build homes profitably. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 14 October 2026. Spotted a mistake? Email community@opencouncil.network.