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Evening Standard
Evening Standard
Business
Charlotte Duck

New flats built for private sale in Camden may be reallocated to house refugees

Over 40 new-build flats originally intended for private sale are under consideration to be re-allocated as housing for Afghan refugees as the Londonproperty market hits a rocky patch.

The homes on the Highgate Newtown Community Centre site were originally intended for private sale to fund Camden council’s redevelopment schemes. But the dual impact of a stagnant housing market and increased building costs mean it is harder for councils to guarantee this profit from private housing.

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