Sadiq Khan and housing secretary Steve Reed’s package to kickstart London’s ailing housebuilding market has drawn a mixed reaction across the wider housing sector.

The government and the Mayor of London today jointly announced a long-awaited package of policy changes in a bid to kickstart housing development in the capital, which has seen starts plummet 87% in the first half of the year.

The package includes a two-year cut in affordable housing requirements on private sites from 35% to 20%, changes to design requirements in a bid to boost densification, a reduction in the Community Infrastructure Levy and changes to the mayor’s call-in powers.