Mercury Land Holdings
Havering Council approved a major development by Mercury Land Holdings, while revising its business plan for housing.
In March 2026, Havering Council's Strategic Planning Committee approved the demolition of the Angel Way multi-storey car park in Romford and its replacement with 106 new flats and a commercial unit. Mercury Land Holdings is the property development company involved in this project. The decision was made despite concerns raised by local councillors regarding safety, affordable housing, and the impact on local heritage.
Havering Council debated an urgent motion concerning Mercury Land Holdings in January 2026, leading to a revision of its business plan. The motion aimed to rescind a previous decision from September 2025 that had mandated a business plan amendment for the company to focus on social homes, as explained by Councillor Ray Morgon, Leader of the Council.
Governance practices at Mercury Land Holdings, a wholly owned subsidiary of Havering Council, were under scrutiny by the council's Governance Committee in November 2025. The company was established to manage the council's property portfolio and generate income through property development and investment.
Key facts
- Havering Council's Strategic Planning Committee approved demolition of Angel Way car park for 106 flats and a commercial unit in March 2026. Source 1 Source 2
- Havering Council debated a motion in January 2026 to rescind a September 2025 decision mandating Mercury Land Holdings to focus on social homes. Source
- Governance practices at Mercury Land Holdings were under scrutiny by Havering Council's Governance Committee in November 2025. Source
- Mercury Land Holdings is a wholly owned subsidiary of Havering Council. 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 30 September 2026. Spotted a mistake? Email community@opencouncil.network.