London is a hotspot for new developments for a number of reasons. One of the most crucial is to create more housing to meet the huge demand. The projects can also create lots of opportunities for investors. We can assist these clients with a full range of services for assets. This can include the most reliable guaranteed rent Lewisham can offer.

A South London beauty spot

While new developments can be fantastic, there are some that don’t generate a good response in the local areas. A proposal for Mais House on the Syndenham Hill estate falls into this category.

The plans from the City of London Corporation are to bulldoze the current property on the site. There will then be a redevelopment to create a brand new seven storey block with 110 new council homes. These will be split between the Corporation and Lewisham Council.

A first proposal got approval in August 2020. However, there were appeals against the decision by locals who had concerns about the new building. They were critical of the size and scale of the development. They argue it would be damaging to the beauty spot. The London Wildlife Trust also had objections.

The initial objection was upheld in a victory for locals. However, a second round of plans was given approval in June 2021. A second bid to overturn them followed, but this time it was not successful in the High Court. There will be a final appeal against the project in the Court of Appeal.

What will happen?

It will be interesting to see what happens with the final appeal. If successful, City of London Corporation will have to change their plans for the site. However, if the local are unsuccessful, the Corporation will be able to continue with the redevelopment under the current proposal.

Whatever happens, the site is a prime one for redevelopment. The work has the backing of Lewisham Council because it will provide new homes to help deliver social housing for the thousands of people who need it.

Ask us if you want guaranteed rent in Lewisham

We work hard to provide the highest quality services for every single landlord. Our goal is to give you easy access to local council schemes that can guarantee your rent, save you money, and reduce your workload for managing your assets. It can give you the best of all worlds.

So, if you are looking for solutions for your properties, why not speak to us? We can give you more information about the best guaranteed rent Lewisham can offer. Then, if you want to go ahead we can arrange to inspect your properties before setting everything up with the council. You will have the easiest time working with us.