The Greater London Authority should establish a vehicle to buy up unwanted section 106 homes, according to a business advocacy group in the capital.

According to a report by BusinessLDN, financial pressures on housing associations has led to a “section 106 logjam”, with building stalled as developers struggle to find buyers for affordable homes.

The briefing note, which was written in partnership DS2, specialists in viability and affordable housing, said that, due to issues with the process “schemes are either taking significantly longer to progress to construction or simply not being built at all”.