Southwark project backed by govt
The Walworth area of South London could see a setback in regeneration funds, but projects in the area have received strong backing from the top of government.
Deputy leader of the Labour party, Harriet Harman, has pledged support for plans to regeneration the Aylsebury Estate in Walworth, located in the borough of Southwark, as opposition council leaders bemoaned below inflation funding for the next three years.
Some £2 million was reportedly spent on consulting residents and getting regeneration projects underway in nearby Elephant & Castle, but despite funding strains for Walworth, backing was reiterated for the Southwark area.
Ms Harman said: "Southwark is an area of great need and the government has massively increased public investment in the borough, but of course we always need more.
"Instead of the Liberal Democrat and Conservative council leaders playing politics with the numbers they should be working with the government to get a better deal for tenants on the Aylesbury Estate who have been waiting for far too long."
The provisional resources allocated were claimed by local government officials to have factored in savings of three per cent a year equivalent to £8 million to be made by the local council.
Published 14th January, 2008
© 2008 Estates IT Limited
London Rental Property News By London Borough / Category
Latest London Property News Headlines
Flats to rent in London news: Mortgage market slump set for autumn
Landlords with flats to rent in London may see a surge in occupants after an organisation claimed this autumn will be a slow time period for the property market.
Read Article ... Published on 29th July, 2010
Flats to rent in London: Property prices 'set to rise'
Those looking for flats to rent in the London borough of Stratford may be interested to hear that one estate agent expects property prices throughout the region to rise.
Read Article ... Published on 28th July, 2010
Desirable flats to rent in London coming with regeneration?
There may be more flats to rent in London after a publication today revealed the extent of the Royal Docks regeneration.
Read Article ... Published on 28th July, 2010
Will flats to rent in London benefit from house price rises?
More people may look for flats to rent in London as it has been revealed that homes in the capital are getting more expensive.
Read Article ... Published on 28th July, 2010
Could flats to rent in London see people move into Olympic Park area?
Finding flats to rent in London could see those unable to buy property in the increasingly expensive borough of Shoreditch capable of living in the district.
Read Article ... Published on 27th July, 2010
More people may look for flats to rent in London now that obtaining a morgage is more complicated
Those seeking a home in England's capital city may be tempted to look at flats to rent in London, as one expert has suggested that obtaining a mortgage is more complex at the moment.
Read Article ... Published on 27th July, 2010
Flats to rent in London news: Olympics countdown begins
People wanting to find flats to rent in London may be moving to an exciting place, as the countdown to the Olympic Games began on Friday.
Read Article ... Published on 27th July, 2010
Flats to rent in London popular as market falls?
The housing market is set for more difficult times over the rest of the year, according to property analysts.
Read Article ... Published on 26th July, 2010
More flats to rent in London due to buy-to-let market?
People looking for flats to rent in London may be encouraged to hear that research has shown most landlords will still be renting out their properties for the next 12 months.
Read Article ... Published on 26th July, 2010
Mortgage dive making flats to rent in London popular?
The rental market could feel a boost as the British Bankers' Association (BBA) has revealed that fewer people are able to get mortgages.
Read Article ... Published on 23rd July, 2010



